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November 22, 2024

Eversource Energy

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.
Eversource
Mass. EJ Groups Rally Behind Permitting, Siting Reforms
Groups emphasize the negative effects existing permitting and siting procedures have had on vulnerable populations in the state.
NYSERDA
Eversource Takes Hit of up to $1.6B on Offshore Wind

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.

Eversource
Storm Cuts Power to 750,000-plus in New England
Hundreds of thousands of electric utility customers lost electric power Dec. 18 as wind and rain hit the Northeast.
© RTO Insider LLC
Clements Outlines Further Steps to Ease Interconnection Woes
FERC Commissioner Allison Clements said addressing transmission planning issues will be a key component of cutting down interconnection backlogs.
Eversource
Massachusetts Moves to Limit New Gas Infrastructure

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.

South Fork Wind
Eversource Closer to Exiting OSW Venture with Ørsted
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.
ACEEE
Report: Many US Utilities not Delivering on Energy Efficiency
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
Mass. Utilities Submit Grid Modernization Drafts
Eversource and National Grid expect their annual peak electricity load in Massachusetts to more than double by 2050.
Revolution Wind
BOEM Approves Revolution Wind off New England Coast
Revolution Wind has become the fourth utility-scale U.S. offshore wind project to gain federal approval. 

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