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November 5, 2024

Offshore Wind Power

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Mass. Invests $180M in Ports to Support OSW
Massachusetts awarded $180 million in grants for port infrastructure in New Bedford, Salem and Somerset to support its growing offshore wind power industry.
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Avangrid Seeks to Terminate Commonwealth Wind PPAs
Avangrid has moved to terminate power purchase agreements for Commonwealth Wind, a 1.2-GW offshore wind project it is developing in Massachusetts.
Daphne Munroe
Northeastern States Plan OSW Compensation Fund for Fisheries
Nine states are seeking input from fisheries and other stakeholders on a plan to compensate fishing-related businesses for losses caused by offshore wind.
BOEM
First West Coast Offshore Wind Auction Fetches $757M
Developers bid a total $757 million, or $2,039/acre, for five leases in two wind energy areas off California in the first West Coast offshore wind auction.
Principle Power
California Offshore Wind Bidders Show Caution
The West Coast’s first offshore wind auction got off to a cautious start, with bids closing at levels far lower than two recent East Coast auctions.
IEA
IEA: Solar Will be ‘No. 1 Source of Electricity’ Worldwide by 2027
Driven by global energy security concerns and new government support, renewable energy could see unprecedented growth in the next 5 years, according to IEA.
NJ BPU
NJ Shoots for 4 GW+ in 3rd OSW Solicitation
New Jersey is seeking projects totaling 1.2 to 4 GW — and potentially larger — in the state’s third offshore wind project solicitation planned for early 2023.
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New York State Clean Energy Jobs Hit Record High in 2021
New York’s clean energy sector reached record-high employment in 2021, rebounding from the COVID-19 pandemic much further than the general workforce.
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NJ Backs $20 Million Spend on Tx Link for Offshore Wind Port
The New Jersey EDA voted to back a $20 million purchase agreement with Atlantic City Electricity to ensure the utility avoids potential supply chain delays.
South Fork Wind
NY OSW Proposal Advances After Revisions
Sunrise Wind cleared a significant regulatory hurdle after the New York PSC approved a certificate of environmental compatibility and public need.

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