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March 1, 2025

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.
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.
Shutterstock
FERC Approves PJM Tariff Revisions for SAA Cost Allocation
FERC approved revisions to PJM’s tariff that assign the costs of necessary transmission upgrades for installation of offshore wind in New Jersey to the state.
Shutterstock
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.
Senate ENR Committee
Former NRG CEO Faces Tough Questions at Senate ENR Hearing
Three nominees for top posts at the DOE faced pointed questions from Senators known for protecting fossil fuel sector interests.
© RTO Insider LLC
Offshore Wind Seeks State Leadership on Transmission
Offshore wind developers say the states that are driving project development need to lead on the transmission side by collaborating to build an offshore grid.
DCO Energy
NY Stakeholders Balk at NJ OSW Cost Allocation
New York stakeholders are challenging a PJM rule change they say could hit them with some of the cost of New Jersey's transmission upgrades for offshore wind.
Dominion Energy
Dominion Announces Full Business Review During Q3 Earnings
Dominion Energy is embarking on a “top-to-bottom” review of its investments and operations to address underperforming share values, the company announced.
Avangrid
Mass. DPU Hears Opposing Views on OSW Finances
Avangrid declared the Commonwealth Wind project is no longer financially viable, potentially delaying the effort to site wind power off Massachusetts' coast.

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