Offshore Wind
Eighty transmission proposals to interconnect New Jersey's offshore wind to PJM were submitted by 13 companies to the state's Board of Public Utilities.
PJM stakeholders endorsed an update to the generation deactivation process as some members asked the RTO to slightly modify the proposed timing language.
Jordan Shoesmith of Copenhagen Offshore Partners said that available public funding can deliver a supply chain “to last for generations.”
PJM energy prices last year surged to their highest levels since 2014, more than making up for declines from the pandemic-driven economic downturn in 2020.
The California Energy Commission approved a $10.5 million grant for renovations at the Port of Humboldt Bay to support offshore wind activities.
New wind areas off the Oregon coast could lead to regional transmission planning with California, panelists told the EBA's Western Chapter.
Six companies offered a record $4.37 billion for 5.6 GW of offshore wind capacity in the New York Bight after three days of fierce bidding.
PSEG said during its Q4 earnings call that it's looking at further investment in offshore wind projects after completing the sale of its fossil units.
CAISO's new 20-year transmission outlook projects a need for $30.5 billion in new lines to carry renewable and stored power across California and the West.
Con Edison must resolve several regulatory concerns before being authorized to build a new substation in New York City dedicated to interconnecting offshore wind projects.
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