Eversource Energy
The churn in New York’s offshore wind industry reached a crescendo Jan. 25, with ownership changes, contract cancellations and new proposals announced.
Groups emphasize the negative effects existing permitting and siting procedures have had on vulnerable populations in the state.
Eversource will take a fourth-quarter 2023 impairment of up to $1.6 billion due to the ongoing struggles of its offshore wind joint ventures with Ørsted.
Hundreds of thousands of electric utility customers lost electric power Dec. 18 as wind and rain hit the Northeast.
FERC Commissioner Allison Clements said addressing transmission planning issues will be a key component of cutting down interconnection backlogs.
Massachusetts has moved to discourage new investment in natural gas infrastructure by blocking utilities from recovering costs unless they can show they first considered non-gas alternatives.
Eversource reported it's moving closer to the sale of its share of an offshore wind joint venture, and has substantially completed negotiations with a potential buyer.
The American Council for an Energy-Efficient Economy's 2023 scorecard for utilities revealed that many utilities are not prioritizing energy efficiency as they focus on decarbonization and resiliency.
Eversource and National Grid expect their annual peak electricity load in Massachusetts to more than double by 2050.
Revolution Wind has become the fourth utility-scale U.S. offshore wind project to gain federal approval.
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