Offshore Wind (OSW)
The NJ Senate voted to codify the state's goal of 50% renewable power by 2030 to ensure it remains in place if Gov. Phil Murphy isn't reelected in November.
Last week, Raab Associates’ New England Electricity Restructuring Roundtable had a panel discussion on the role of utility regulation in decarbonization.
North Carolina Gov. Roy Cooper called for 2.8 GW of offshore wind by 2030 and 8 GW by 2040, citing clean energy goals, economic development opportunities.
FERC accepted parts of the ISO-NE and NEPOOL “jump ball” filing on offer review trigger price values in a ruling issued late Monday.
The Biden administration is taking a whole-of-government approach to meeting its goal to deploy 30 GW of OSW by 2030, a top federal energy official said.
California’s goal of 100% renewables by 2045 makes a suggested offshore wind development target of at least 10 GW insufficient, a major developer said.
BOEM is looking for manpower and increased efficiencies to handle the offshore wind permit applications expected, an official told Reuters.
The Biden administration announced plans to offer leases for California’s first offshore wind areas, plots big enough for 4.6 GW of generation.
The push to cut carbon emissions has opened many ocean-based commercial opportunities, said speakers at the ARPA-E Energy Innovation Summit.
The Biden administration’s climate goals and a new investment tax credit has U.S. offshore wind developers and prospective lenders bullish about the future.
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