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February 21, 2025

Renewable Power

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After Budget, Energy Could be a Top Priority for Md. Lawmakers
The rising opposition to the Maryland Piedmont Reliability Project, a 67-mile, 500-kV transmission line, and general dissatisfaction with PJM and utility grid planning and interconnection policies, are driving new bills in the General Assembly.
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Uncertainty Clouds NJ Clean Energy in 2025
New Jersey in 2025 faces the added uncertainty of a likely contentious governor’s race to replace clean energy champion Gov. Phil Murphy and his release of a new energy master plan.
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Data Centers and Demand Growth Top 2025 Agenda
The data center dilemma centers first on a familiar mismatch of timescales. Utilities and their regulators tend to plan based on the small, incremental demand growth. But development and the power demand it generates move at ever-increasing digital speed.
CS WIND Offshore
Offshore Wind Industry Girds for 2025, Trump Presidency
President-elect Trump said he would halt offshore wind power development, but how big of an impact he will have on the industry remains to be seen.
Equinor
Equinor Closes on $3B in Financing for Empire Wind 1
Equinor has closed on the finances for Empire Wind 1, a major milestone for a New York project expected to accrue $5 billion in capital costs over the next few years.
The White House
How Much of the IRA Can be Saved in 2025?

As they prepare to leave office, Biden administration officials remain confident that IRA funds already committed by DOE will be impossible to claw back by the incoming Trump administration.

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NY Well Positioned to Push Forward on Climate Goals Under Trump
Renewable energy industry analysts, representatives and environmental advocates say New York is in a better position than many others to make progress on its renewable energy goals during a second Trump administration.
ICF
Study Calculates Trillions in Economic Benefits from IRA
A new report on the Inflation Reduction Act finds that the IRA could boost the U.S. GDP by $1.9 trillion over the next decade. 
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Connecticut Closes the Door on 2024 OSW Procurement
Vineyard Offshore no longer plans to proceed with its bid for the 1,200-MW Vineyard Wind 2 project following Connecticut’s decision not to buy power from the project.
Lawrence Berkeley National Laboratory
Berkeley Lab: Data Centers Could Need 12% of US Power by 2028
Data centers voracious appetite for electricity could spike more than threefold over the next four years, rising from 4.4% of U.S. power demand in 2023 to as high as 12% in 2028, according to the Lawrence Berkeley National Laboratory. 

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