Offshore Wind (OSW)
FERC Order 1920 eventually may provide a structure for long-term, interregional transmission planning, but its anticipated yearslong implementation could mean states will have to lead in planning nearer-term transmission needs, according to a report from the American Council on Renewable Energy and The Brattle Group.
New Jersey’s offshore wind sector looks to take a key role in the East Coast turbine industry despite the closure of the state’s two most advanced projects.
Debating the impact of FERC's Rule 1920, Abe Silverman of Johns Hopkins told states to "codify, codify, codify" their energy policy goals and policies to ensure PJM has to take them into account in compliance.
Unlocking the full potential of Quebec hydropower to balance renewables through the Northeast will require major efforts to overcome barriers to transmission planning, according to speakers at a webinar led by the Acadia Center.
With data centers, electric vehicles and population growth, electricity demand in New Jersey could soar to 15,000 GWh in the coming years, state officials said at a public hearing on a new plan for connecting offshore wind projects to the grid.
Even as the offshore wind industry continues to struggle, stakeholders’ hopes have been buoyed by the recent multistate procurement in New England, they said during a webinar held by NECA.
Eversource Energy has formally ended its costly foray into offshore wind development, finalizing the sale of its last two offshore assets and predicting a half-billion-dollar loss as a result.
The BPU approval gives offshore wind developer Invenergy time to find an economically viable turbine before committing more resources to the project.
Industry players, regulators, and elected officials generally were positive about the direction of New York’s energy future despite recent reporting the state would fall short of its 2030 climate goals.
An offshore wind proposal that was placed on hiatus amid the industry’s recent financial turmoil is taking a further detour, halting its attempt to bring an export cable onshore in New York.
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