Offshore Wind Power
Democrats won elections in Virginia and Georgia that have implications for energy policy: offshore wind and data centers in Virginia and affordability in both.
Ørsted reported a net loss for the third quarter, attributed to the continuing financial challenges for its U.S. offshore wind portfolio, but it also said those projects are progressing well toward completion.
The policy changes and financial signals of the One Big Beautiful Bill Act will slow the addition of solar, storage and wind capacity, but only for a few years, BloombergNEF predicts.
State policymakers and industry leaders at the Alliance for Clean Energy New York’s Fall Conference offered messages of full support even as they acknowledged the federal roadblocks thrown in their path.
The infrastructure that supports our ability to generate and move critically needed electrons relies heavily on a regulatory environment that offers some consistent level of predictability, says columnist Peter Kelly-Detwiler.
The California Energy Commission approved $42 million for five offshore wind projects at ports in the state, despite recent federal policy changes that have left the future of the renewable resource in limbo.
Ørsted will reduce its workforce roughly 25% through the end of 2027 as it wraps up construction of offshore wind farms and remakes itself as a more competitive company.
Construction of new wind, solar and energy storage facilities will decrease significantly over the next five years, a BloombergNEF analyst said in an presentation to the California Energy Commission.
New analyses report record growth for the global renewable energy sector in 2025 and project continued expansion through the end of the decade.
The Bureau of Ocean Energy Management is seeking to remand its earlier approval of the construction and operations plan for Atlantic Shores Offshore Wind.
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