Offshore Wind (OSW)
PJM
The Department of Energy has withdrawn a $716 million loan commitment that would have helped New Jersey upgrade the state transmission system to connect offshore wind to the grid.
Revolution Wind
Revolution Wind’s developers are seeking an emergency injunction against the federal stop-work order slapped on the offshore wind project.
Ørsted
The Trump administration is moving to close the door on U.S. offshore wind development by remanding approvals for all projects not already under construction.
Global Energy Monitor
When a government’s word is no longer its bond, investors get nervous, and investors in clean energy generation plants in the United States are very nervous indeed, says columnist Dej Knuckey.
Daymark Energy Advisors
The addition of 3,500 MW of offshore wind capacity would have reduced ISO-NE energy market costs by about $400 million over the past winter, according to a recent study by Daymark Energy Advisors.
PJM
The work was designed to help connect the New Jersey offshore wind projects to the grid.
Shutterstock
The Massachusetts Department of Energy Resources will delay its next offshore wind solicitation until “at least 2026” due to uncertainty around federal permitting, tax credits and tariffs.
Revolution Wind
The Trump administration has taken further steps to thwart renewable energy development, adding new directives limiting wind and solar development on federal land and at sea.
Shutterstock
The Department of the Interior on July 29 announced a four-pronged review that continues the president’s efforts to limit some types of renewable energy.
Equinor
Equinor is taking a nearly $1 billion impairment on its U.S. offshore wind development efforts, blaming the Trump administration’s anti-wind power crusade for the impact.
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