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December 12, 2024

Company News

NYSERDA
Ørsted Exits Offshore Wind Markets, Remains Committed to US
The world’s leading offshore wind developer announced that it is pulling out of some smaller markets but reiterated its commitment to construction and operation in U.S. waters.
Ørsted
Offshore Wind Reset Complete in New York
The churn in New York’s offshore wind industry reached a crescendo Jan. 25, with ownership changes, contract cancellations and new proposals announced.
The Breakthrough Institute
Diablo Canyon Secures $1.1B DOE Award to Support Operations
The 2,200-MW PG&E plant will be the first recipient of federal funds being made available to shore up operations at U.S. nuclear plants that face imminent closure.
© RTO Insider LLC
Offshore Wind: Smaller Companies Help Get Steel in the Water off NY

Two very different New York companies explain their experience with offshore wind development.

Advanced Solar Products
NJ Ready for Clean Energy Advance in 2024 After OSW Meltdown
Clean energy in New Jersey moved forward in 2023 with community solar and Advanced Clean Cars II, and in reverse with the shutdown of the Ocean Wind offshore development.
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.
Shutterstock
Treasury, DOE Issue Proposed ‘FEOC’ Rules for EV Tax Credits

As U.S. automakers pull back on plans to invest heavily in electric vehicles, claiming sales are not growing as fast as expected, the Treasury Department and Internal Revenue Service issued new guidelines on the federal tax credits for EVs that could further slow sales.

WKRC
Former Ohio PUC Chair Charged with Bribery
Former PUCO Chair Sam Randazzo pleaded not guilty to charges that FirstEnergy paid him $4 million in bribes before his appointment to aid the utility.
Senate ENR Committee
Senate Energy Committee Examines State of Advanced Nuclear Reactors
The Senate Energy and Natural Resources Committee on Thursday looked into the state of advanced nuclear reactors just weeks after NuScale Power and Utah Associated Municipal Power Systems terminated a once promising pilot project.
Dominion Energy
Report Questions Dominion IRP’s Call for New Natural Gas Plants
A report funded by Chesapeake Climate Action Network questioned Dominion's plans for new natural gas in its pending IRP.

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