February 1, 2025

Offshore Wind Power

Worldview Films
Avangrid Avoids Major Offshore Wind Losses
Avangrid reported a year-over-year decrease in income but said a timely pause in its offshore wind projects saved it from write-offs that could have run into the billions.
Friends of Sears Island
Maine Chooses Nature Preserve for Floating Wind Port
Sears Island on Maine’s central coast is the preferred site for a port to support the offshore wind farms state leaders hope will be built nearby. 
Ørsted
Oceantic Recaps Glum 2023, is Optimistic for OSW in 2024

The industry gyrations of 2023 have put near-term U.S. offshore wind goals out of reach, but the sector will rebound, its trade organization reports.

EIA
Fossil Retirements to Slow Briefly as Solar and Storage Proliferate
The U.S. Energy Information Administration reports that fossil fuel generation retirements will slow in 2024 and that solar and storage will dominate capacity additions. 
Pacific Northwest National Laboratory
Federal Researchers Flip Switch on OSW Research Array
Researchers have activated a new array of sensors off the New England coast to gather information that could improve the design and operation of wind energy generators. 
South Fork Wind
Eversource Finds OSW Buyer, Takes $1.95B Hit for 2023
Eversource finalized its long-running attempt to sell off its offshore wind assets, but not soon enough to avoid a $1.95 billion impairment for 2023.
BOEM
BOEM Designates Wind Energy Areas off Oregon Coast
Federal regulators have finalized two Oregon wind energy areas they hope someday will host floating wind turbines with a combined capacity of up to 2.4 GW.
NYSERDA
Ørsted Exits Offshore Wind Markets, Remains Committed to US
The world’s leading offshore wind developer announced that it is pulling out of some smaller markets but reiterated its commitment to construction and operation in U.S. waters.
Empire Wind
Deflated New York OSW Portfolio Positioned to Start Regrowth
The details released on New York’s potential next wave of offshore wind projects indicate continued efforts to expand the human and industrial infrastructure critical to offshore development.
NREL
Draft Plan Outlines California Vision for Offshore Wind
The California Energy Commission released a draft plan for offshore wind that adds to the rapidly growing body of work identifying wind power as crucial to achieving state and national clean energy goals.

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