Offshore Wind (OSW)
Eversource expects to reach a deal this quarter to sell off its offshore wind interests, CEO Joe Nolan said during the company's earnings call.
The Mass. Dept. of Energy Resources issued a draft request for proposals for up to 3,600 MW of offshore wind generation, the state’s largest solicitation yet.
Ørsted, the largest OSW developer in the world, reported that earnings from its offshore wind business hit an all-time high in the first quarter of 2023.
PGEG's CEO said the company should get a boost from New Jersey’s second solicitation for offshore wind transmission upgrades and a deepening embrace of EVs.
The New Jersey BPU agreed to ask PJM to approve a plan for the state to undertake a second solicitation process under FERC’s State Agreement Approach.
Cape May County has appealed a BPU decision to grant Ørsted an easement to run transmission from the state’s first OSW project to an onshore substation.
The New York Public Service Commission approved construction of a scaled-back version of Consolidated Edison’s proposed Clean Energy Hub in Brooklyn.
New Jersey’s BPU and Department of Environmental Protection approved $2 million in funding to study the impact of offshore wind development on marine life.
Researchers are seeking ways to mitigate wind patterns that could limit the output or cause excessive wear on wind turbines planned off the Atlantic Coast.
New Jersey regulators agreed to search for a consultant to develop a new strategic plan to guide the effort to install 11 GW of offshore wind capacity by 2040.
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