New England’s offshore wind ambitions were dealt a further setback as contract negotiations under way for most of the past year were extended again, potentially into 2026.
The U.S. Senate met through the weekend and overnight June 30 to work on Republicans’ budget reconciliation bill, passing it 51-50 with Vice President JD Vance casting the tiebreaking vote.
Senators working through the weekend on Trump's “One Big Beautiful Bill” delivered renewable energy supporters an unexpected and unpleasant surprise in the form of proposed taxes that likely would stymie completion of projects already in the works.
Lazard’s latest analysis of the levelized costs of energy concludes thatwind and solar are the least-expensive new-build power generation for the 10th year in a row.
The Senate Finance Committee released its proposal for the reconciliation bill, which cuts clean energy tax credits off entirely starting Jan. 1, 2028, but includes some changes from the version of the legislation that passed the House in May.
Despite interest from the Trump administration, new gas pipelines into New England remain unlikely due to a lack of counterparties willing to pay for the new lines, energy industry experts said.