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July 12, 2025

Revolution Wind

NYSERDA
Ørsted Remains Committed to U.S. Offshore Wind Projects
Ørsted is pushing ahead with two U.S. offshore wind projects amid potential policy threats but halting development of a much larger U.K. proposal due to rising costs.
© RTO Insider
IPF25 Attendees Plan Future OSW Resurgence
Conference attendees are optimistic that the rapidly rising demand for energy will mean the federal government eventually will have to harness wind power.
Eversource Energy
Eversource to Boost Grid Investments by $1.9B After Exiting Wind, Water
Eversource Energy executives announced during the company’s year-end earnings call its plan to increase investments in its “core electric and natural gas operations” by $1.9 billion in 2025-2028.
Ørsted
Equinor, Ørsted, Vestas Say US OSW Market in Trouble
Three companies closely involved in offshore wind power development offered a glum assessment of the sector’s prospects in the U.S.
Ørsted
Ørsted Replaces CEO Mads Nipper
Ørsted CEO Mads Nipper has been replaced by Deputy CEO Rasmus Errboe.
© RTO Insider LLC
New England Gas Generation Hit a Record High in 2024
As overall power production ticked up in New England in 2024, natural gas generation reached its highest annual total in the region’s history, accounting for over 55% of all generation and 51% of net energy for load, according to new data from ISO-NE.
NECA
New England Lobbyists Preview 2025 State Legislative Sessions

Government affairs experts previewing New England’s 2025 legislative sessions outlined some key policy overlaps and notable differences among states during a webinar held by the Northeast Energy and Commerce Association.

NYSERDA
Ørsted Takes $1.7B Impairment on US Offshore Wind
Cost increases, delays and diminished value of assets contributed to Ørsted's latest setback — which was announced before President Trump targeted offshore wind in an executive order.
South Fork Wind
Eversource Exit from OSW Drives Q3 Loss
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.
Ørsted
Ørsted Values Latest Revolution Wind Setback at $175M
A one-in-a-thousand problem with a key foundation component is the latest setback in U.S. waters for Ørsted and is blamed for its latest nine-digit cost impairment.

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