Generation & Fuels

Atlantic Council
North American Trade War Averted as Canada, Mexico Strike Deals
A North American trade war was delayed for a month at least as Canada and Mexico struck deals with President Trump that delayed potential tariffs for a month.
Dominion Energy
PJM Network Upgrades Boost Cost of Dominion OSW Project 9%
Dominion Energy reported that its Coastal Virginia Offshore Wind project will cost 9% more than initially expected, thanks to higher-than-expected PJM network upgrade costs.
Shutterstock
NJ Abandons 4th OSW Solicitation
Gov. Phil Murphy called offshore wind a “once-in-a-generation opportunity” to build a new industry and create jobs, but said he supported the BPU’s decision.
Shutterstock
NY Quantifies Slow Progress Toward Renewables
The latest update on New York’s Clean Energy Standard shows a work in progress, with only 23.2% of customer electric load met by renewables statewide in 2023.
Heitman
Judge Issues Restraining Order on Trump Admin over Funding Pause
D.C. District Court Judge Loren AliKhan issued a temporary restraining order on OMB from pausing all federal grants and loans.
Ørsted
Ørsted Replaces CEO Mads Nipper
Ørsted CEO Mads Nipper has been replaced by Deputy CEO Rasmus Errboe.
Shutterstock
Shell Quits Atlantic Shores Offshore Wind Project in NJ
Atlantic Shores said its offshore wind project in New Jersey will continue despite Shell's exit, which caused the oil supermajor a $1 billion impairment.
© 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.
BloombergNEF
Global 2024 Energy Transition Investments Estimated at over $2T
While it was the first time BNEF calculated global energy transition investments at greater than $2 trillion in its annual report, the 11% year-over-year growth was less than in the preceding three years.
NYPA
NYPA Finalizes Road Map for Renewables Development
NYPA said it is pursuing 37 solar and storage projects totaling 3 GW of nameplate capacity, most of them in partnership with private-sector developers.

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