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November 6, 2024

Renewable Power

Empire Wind
Empire Wind 2 Cancels OSW Agreement with New York
Equinor and bp have terminated the offtake agreement with New York for the Empire Wind 2 project.
DOE
Can DOE Accelerate US Energy Transition as 2024 Election Looms?

DOE is focused on reshaping the U.S. energy landscape, but officials may have only another year to build the momentum needed to make any potential Republican rollbacks unpopular and unlikely.

Shutterstock
Biden Admin. Releases Proposed Rules for Hydrogen Tax Credits
Hydrogen producers seeking tax credits will need to use new clean energy time-matched to demand, the Biden administration proposed.
Shutterstock
NJ Seeks to Advance Sole OSW Project After Ørsted Withdrawal

The New Jersey Board of Public Utilities dismissed a citizen petition seeking to reassess the cost to ratepayers of Atlantic Shores, the state's sole offshore wind project in active development.

South Fork Wind
Treasury Department Releases Guidance on 45X Credit for Manufacturing
The Treasury Department has released guidance on its 45X tax credit for clean energy manufacturing, which is meant to help spur domestic production of batteries, solar, wind, and minerals.
Lawrence Berkeley National Laboratory
Study Finds 11% Dip in Housing Prices Near Wind Turbines
A new Berkeley Lab study finds that sale prices temporarily decrease for property located within a mile of newly announced and newly built utility-scale wind projects.
© RTO Insider LLC
House Democrats Introduce Bill to Spur Interregional Transmission

A bill introduced by House Democrats would grant FERC numerous new authorities over interregional transmission in a bid to spur large projects and increase the flow of renewable energy across state lines.

LEEDCo
Pioneering Lake Erie OSW Plan Placed on Hold
The Lake Erie Energy Development Corp. announced that Icebreaker Wind has become financially untenable.
BOEM
BOEM Backs 10 Fewer Turbines for Sunrise Wind
The Bureau of Ocean Energy Management issued its final environmental impact statement for Sunrise Wind, endorsing an 11% reduction in the number of wind turbines for technical and environmental reasons.
BOEM
BOEM to Auction Wind Energy Areas in Central Atlantic
Federal regulators announced a planned auction of wind energy leases off the Delaware and Virginia coasts in 2024.

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