Two major offshore wind power developers are warning again of economic problems with projects off the New York and New England coasts.

Public Service Enterprise Group is mulling whether to remain a 25% partner with Ørsted in the Danish developer’s Ocean Wind 1 project in New Jersey.

PSEG told the NJ BPU that utilities should play a greater role in owning and operating storage facilities than the one allowed under a proposal by the agency.

The MIC approved an initiative to change the determination of zonal load bus distribution factors and heard first read on changes to VOM cost development.

The NJ EDA approved the $24.25 million purchase of 109.5 acres of land to nearly double the size of the state’s planned offshore wind manufacturing facility.

The cost to New Jersey ratepayers of building transmission infrastructure tying the state’s offshore wind projects to the grid could be cut.

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.

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.

Con Ed has submitted a proposal for a 2.4-GW transmission “backbone” to the New Jersey BPU to bring offshore wind-generated electricity to the PJM grid.

Gov. Phil Murphy appointed Brian Lipman, a veteran litigator and senior executive at the state Division of Rate Counsel, to lead the consumer advocacy agency.