Vineyard Wind
New England renewable energy advocates are skeptical of federal officials’ claims to be acting in the public interest by delaying the Vineyard Wind project.
Avangrid reported second-quarter earnings of $110 million ($0.36/share), up slightly from $107 million ($0.35/share) in the same period in 2018.
Declining wind output drove down Avangrid’s first-quarter earnings by 11% compared to a year earlier, company officials said.
Four developers proposed offshore wind projects in response to a solicitation by the New York State Energy Research and Development Authority.
Vineyard Wind announced it has partnered with Anbaric Development Partners in proposing 1,200 MWs of offshore wind in response to a NYSERDA solicitation.
ISO-NE concluded Forward Capacity Auction 13, the 1st run under the CASPR rules, at the lowest clearing price in six years.
Vineyard Wind filed an emergency motion for FERC to stay ISO-NE’s 13th Forward Capacity Auction, claiming it “will suffer irreparable injury” if it is not afforded renewable technology resource status.
The offshore wind industry is poised for growth in the Northeast with expanding solicitations, falling prices and competitive auctions for new sites.
Massachusetts and Rhode Island awarded procurements for offshore wind energy from what will become the two largest offshore projects in the U.S.
Offshore wind projects being developed through individual state procurements should be viewed as regional resources, panelists told a the audience of the New England Electricity Restructuring Roundtable.
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