Offshore Wind Power
Beacon Wind has paused its efforts to build an underwater transmission line into New York City.
Eversource Energy executives announced during the company’s year-end earnings call its plan to increase investments in its “core electric and natural gas operations” by $1.9 billion in 2025-2028.
Three companies closely involved in offshore wind power development offered a glum assessment of the sector’s prospects in the U.S.
Dominion Energy reported that its Coastal Virginia Offshore Wind project will cost 9% more than initially expected, thanks to higher-than-expected PJM network upgrade costs.
Gov. Phil Murphy called offshore wind a “once-in-a-generation opportunity” to build a new industry and create jobs, but said he supported the BPU’s decision.
Ørsted CEO Mads Nipper has been replaced by Deputy CEO Rasmus Errboe.
Atlantic Shores said its offshore wind project in New Jersey will continue despite Shell's exit, which caused the oil supermajor a $1 billion impairment.
Government affairs experts previewing New England’s 2025 legislative sessions outlined some key policy overlaps and notable differences among states during a webinar held by the Northeast Energy and Commerce Association.
A new report by two national laboratories finds that offshore wind could be generating as much as 33 GW of electricity for the western United States by 2050 and looks at how best to bring that power ashore.
The Bureau of Ocean Energy Management has approved Vineyard Wind 1’s plan to replace additional installed blades in the wake of a major blade failure in the summer, and resume operation.
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