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Two states with some of the most ambitious offshore wind goals in the nation brought stakeholders together last week, trying to keep things on track in 2024.
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BloombergNEF offshore wind analyst Chelsea Jean-Michel said there's reason for optimism for the industry in the United States, once it overcomes its growing pains.
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Two very different New York companies explain their experience with offshore wind development.
Washington Senate Democrats
A bill to link Washington’s cap-and-trade program with the California-Quebec combined system drew no immediate opposition when it was introduced, but did collect several requests for technical changes.
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The New Jersey Board of Public Utilities rejected one grid-scale solar project and supported another, as well as laying the ground work for its fourth offshore wind solicitation.
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The funding will put a total 7,500 EV chargers at locations, from multifamily housing developments in New Jersey and Maryland, to public libraries in California to remote villages like Haines, Alaska.
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DOE's commitment of $500 million in IRA dollars may not be enough. Building private sector confidence in the emerging HALEU market could require up to $2.9 billion more in additional federal funding.
California Governor's Office
California Gov. Gavin Newsom has proposed a budget that further shrinks the $54 billion California Climate Commitment to $48.3 billion, while spreading spending over seven years rather than five.
Maryland Department of the Environment
Maryland will have to come up with an extra $1 billion yearly to pay for proposals in its newly released Climate Pollution Reduction Plan.
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New Jersey has enacted new remote net metering rules that increase the size and scope of solar projects eligible for the program, but are less ambitious than lawmakers sought.
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