December 10, 2023

Commonwealth Wind

© RTO Insider LLC
Long-term Optimism Meets Short-term Concern at Offshore WINDPOWER 2023
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.
Commonwealth Wind PPA Cancellations OK’d
The Massachusetts DPU has approved cancellation of Commonwealth Wind's PPAs and approved terms of the state's fourth wind power solicitation.
Avangrid, Utilities Reach Deal to Cancel Commonwealth Wind PPAs
Avangrid and three utilities reached $48 million deal to end the PPAs for the Commonwealth Wind project.
SouthCoast Wind
Developer Seeks to Terminate SouthCoast Wind PPAs
SouthCoast Wind Energy has asked to end offshore wind power purchase agreements with Massachusetts electric distribution companies, citing rising costs.
Avangrid Pushes Forward on NECEC, Offshore Wind, PNM Merger
Avangrid announced Wednesday that its net income increased 16% in 2022 over 2021 but projected flat financials in 2023.
Financial Concerns Continue for Major Northeast OSW Projects
Two major offshore wind power developers are warning again of economic problems with projects off the New York and New England coasts.
Mass. DPU Orders Commonwealth Wind Project to Continue
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.
South Fork Wind
‘Monumental Progress’ for OSW in New York in 2022
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 Seeks to Terminate Commonwealth Wind PPAs
Avangrid has moved to terminate power purchase agreements for Commonwealth Wind, a 1.2-GW offshore wind project it is developing in Massachusetts.
Mass. OSW Projects to Continue Through Regulatory Process
Negotiations will continue on two Massachusetts offshore wind projects that developers have declared financially unviable.

Want more? Advanced Search