The American Clean Power Association’s Offshore WINDPOWER conference discussed uncertainty and the need for federal support amidst supply chain snarls and high interest rates.
The Massachusetts DPU has approved cancellation of Commonwealth Wind's PPAs and approved terms of the state's fourth wind power solicitation.
Avangrid and three utilities reached $48 million deal to end the PPAs for the Commonwealth Wind project.
SouthCoast Wind Energy has asked to end offshore wind power purchase agreements with Massachusetts electric distribution companies, citing rising costs.
Avangrid announced Wednesday that its net income increased 16% in 2022 over 2021 but projected flat financials in 2023.
Two major offshore wind power developers are warning again of economic problems with projects off the New York and New England coasts.
Massachusetts regulators denied Avangrid’s request to back out of PPAs for the 1,200-MW Commonwealth Wind project it committed to build off the state’s coast.
Wind power development off the Northeast U.S. coast continued to advance in 2022, with New York especially seeing a "banner year," according to an OSW advocate.
Avangrid has moved to terminate power purchase agreements for Commonwealth Wind, a 1.2-GW offshore wind project it is developing in Massachusetts.
Negotiations will continue on two Massachusetts offshore wind projects that developers have declared financially unviable.
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