Offshore Wind (OSW)
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New Jersey Gov. Phil Murphy and the Board of Public Utilities are pushing ahead with ambitious clean energy plans even as they face the reality of President-elect Donald Trump, a fierce skeptic of clean energy, taking office.
Ørsted
Oceantic Network released a report on the thousands of jobs created and billions of dollars invested through more than 1,900 supplier contracts that span 40 states.
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New Jersey in 2025 faces the added uncertainty of a likely contentious governor’s race to replace clean energy champion Gov. Phil Murphy and his release of a new energy master plan.
CS WIND Offshore
President-elect Trump said he would halt offshore wind power development, but how big of an impact he will have on the industry remains to be seen.
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Vineyard Offshore no longer plans to proceed with its bid for the 1,200-MW Vineyard Wind 2 project following Connecticut’s decision not to buy power from the project.
BOEM
Requests that two developers submitted this year have prompted BOEM to start planning a 2026 offshore wind auction in the Gulf of Mexico.
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New York state has executed contracts for proposed onshore wind and solar projects totaling 2,341 MW of capacity at an expected cost of more than $4.7 billion.
BOEM
Federal regulators continue to advance offshore wind energy development, issuing a key approval for a Maryland proposal and smoothing the way for as many as six future projects in the New York Bight.
RWE
RWE, which holds offshore wind leases off the Atlantic, Pacific and Gulf coasts, said it is pausing capital expenditures on development there for two years due to increased risk and uncertainty.
BOEM
The Bureau of Ocean Energy Management issued the final environmental impact statement for SouthCoast Wind, bringing the project one step closer to final approval.
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