Offshore Wind (OSW)
R.I. Ports Coalition
Rhode Island voters overwhelmingly approved a ballot proposal to dedicate $53 million in bonds to several environmental infrastructure projects, including $15 million for the Port of Davisville.
South Fork Wind
Eversource Energy’s exit from the offshore wind business drove a $118 million loss in the third quarter of 2024, offsetting increased revenue from its electric and gas distribution business relative to 2023, the company told investors.
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Opposition to offshore wind is much more widespread than the two dozen or so protesters outside the Atlantic City Convention Center.
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The friction between the fishing and offshore wind industries was a recurring topic at Offshore WINDPOWER 2024, where multiple discussions examined approaches that have sought to smooth the relationship.
Skanska
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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The Bureau of Ocean Energy Management has decreased its offshore wind permitting times 20% as it gains experience and works to expedite development of the clean energy sector.
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The 2024 edition of the American Clean Power Association’s WINDPOWER conference was a celebration of achievement by the U.S. offshore wind industry and a recognition of the hurdles it still must cross.
BOEM
The first-ever offshore wind lease auction for the Gulf of Maine resulted in the sale of four offshore lease areas to two developers, bringing in a total of about $21.9 million.
© RTO Insider LLC
Despite some recent hiccups with supply chains and higher interest rates, the clean energy transition is set to accelerate with long-term policy support, panelists said at the Aurora Energy Transition Forum.
Community Offshore Wind
The latest iteration of Community Offshore Wind is a two-phase project that would reach peak output of up to 2.8 GW in the early 2030s.
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