Offshore Wind Power
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Transmission limits remain a major barrier to scaling up wind and solar energy to meet state decarbonization goals, speakers at the NECA’s Renewable Energy Conference said.
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One of the Senate’s strong liberal voices on climate change, Sen. Sheldon Whitehouse slammed the fossil fuel industry for its campaign of “climate denial and propaganda.”
Ørsted
Two major New York offshore wind projects are getting back on track, with more-lucrative contract awards to replace their existing deals with the state.
BOEM
The Bureau of Ocean Energy Management has completed the environmental impact assessment of the proposed Park City and Commonwealth offshore wind proposals.
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The floating offshore wind projects envisioned for the West Coast will require a much more robust supply chain and system of ports, according to industry officials speaking at Oceantic Network’s Floating Offshore Wind Port and Vessel Summit.
Dominion Energy
Dominion Energy reported earnings of $2 billion in 2023 and announced that it has closed on an equity partner for its Coastal Virginia Offshore Wind project.
Worldview Films
Avangrid reported a year-over-year decrease in income but said a timely pause in its offshore wind projects saved it from write-offs that could have run into the billions.
Friends of Sears Island
Sears Island on Maine’s central coast is the preferred site for a port to support the offshore wind farms state leaders hope will be built nearby.
Ørsted
The industry gyrations of 2023 have put near-term U.S. offshore wind goals out of reach, but the sector will rebound, its trade organization reports.
EIA
The U.S. Energy Information Administration reports that fossil fuel generation retirements will slow in 2024 and that solar and storage will dominate capacity additions.
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