Empire Wind
BOEM lifted a stop-work order on the Empire Wind 1 project in a deal that will have New York work on expanding pipelines into the Northeast, a goal the White House has publicly sought since shortly after President Trump took office.
NYISO is modeling the Empire Wind offshore wind project as in-service despite federal orders to cease construction, staff said in presenting updated assumptions for the second-quarter Short Term Assessment of Reliability.
Offshore wind advocates are closely monitoring and vigorously lobbying Congress to assess and shape potential changes to the Inflation Reduction Act and its budget.
A group of 18 Democratic state attorneys general filed suit against President Donald Trump’s executive order that halted wind energy projects’ federal approvals.
Conference attendees are optimistic that the rapidly rising demand for energy will mean the federal government eventually will have to harness wind power.
Interior Secretary Doug Burgum posted that he had directed BOEM to bring an immediate halt to all construction activities on the $7 billion project until it could undergo further review.
Three companies closely involved in offshore wind power development offered a glum assessment of the sector’s prospects in the U.S.
Equinor has closed on the finances for Empire Wind 1, a major milestone for a New York project expected to accrue $5 billion in capital costs over the next few years.
Renewable energy industry analysts, representatives and environmental advocates say New York is in a better position than many others to make progress on its renewable energy goals during a second Trump administration.
The company planning an 810-MW wind farm off the New York coast gave an update on its efforts at Offshore WINDPOWER 2024.
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