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February 3, 2025

Offshore Wind Power

Lawrence Berkeley National Laboratory
CEC Floats $38M for Offshore Wind R&D
California’s floating offshore wind industry is getting a boost from $30 million in research and development funds from the state Energy Commission’s EPIC program.
R.I. Ports Coalition
Rhode Island Voters Approve Funding for OSW Port Infrastructure

Rhode Island voters overwhelmingly approved a ballot proposal to dedicate $53 million in bonds to several environmental infrastructure projects, including $15 million for the Port of Davisville.

Dominion Energy
Clean Energy Sectors Brace for Impact of Trump 2.0
Several clean energy industries were clear losers after former President Trump's reelection, and offshore wind and EV company stocks took hits the day after the election.
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SE Renewable Energy Conference: Will the Southeast Rise Again?
The Southeast’s traditionally risk-averse vertically integrated utilities are now embracing the clean energy transition, driven by economic development in the form of new industry and data centers.
South Fork Wind
Eversource Exit from OSW Drives Q3 Loss
Eversource Energy’s exit from the offshore wind business drove a $118 million loss in the third quarter of 2024, offsetting increased revenue from its electric and gas distribution business relative to 2023, the company told investors.
Ørsted
Ørsted Values Latest Revolution Wind Setback at $175M
A one-in-a-thousand problem with a key foundation component is the latest setback in U.S. waters for Ørsted and is blamed for its latest nine-digit cost impairment.
Duke Energy
NCUC Approves Latest Duke ‘Carbon Plan’ to Expand Renewable, Nuclear and Gas Generation
The NCUC approved Duke Energy's second Carbon Plan and Integrated Resource Plan, authorizing procurements of renewable energy, nuclear and demand response, while calling for its 8,000 MW of coal to be retired in 2036.
© RTO Insider LLC
WINDPOWER: Industry Brainstorms on Beating Back Misinformation
Opposition to offshore wind is much more widespread than the two dozen or so protesters outside the Atlantic City Convention Center.  
© RTO Insider LLC
WINDPOWER: Looking for Common Ground in the Water
The friction between the fishing and offshore wind industries was a recurring topic at Offshore WINDPOWER 2024, where multiple discussions examined approaches that have sought to smooth the relationship.
Skanska
WINDPOWER: Equinor Exec Gives Insight on Empire Wind
The company planning an 810-MW wind farm off the New York coast gave an update on its efforts at Offshore WINDPOWER 2024.

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