Offshore Wind Power
South Fork Wind
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
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.
Duke Energy
The NCUC approved Duke Energy's second Carbon Plan and Integrated Resource Plan, authorizing procurements of renewable energy, nuclear and demand response, while calling for its 8,000 MW of coal to be retired in 2036.
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Opposition to offshore wind is much more widespread than the two dozen or so protesters outside the Atlantic City Convention Center.
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The friction between the fishing and offshore wind industries was a recurring topic at Offshore WINDPOWER 2024, where multiple discussions examined approaches that have sought to smooth the relationship.
Skanska
The company planning an 810-MW wind farm off the New York coast gave an update on its efforts at Offshore WINDPOWER 2024.
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The Bureau of Ocean Energy Management has decreased its offshore wind permitting times 20% as it gains experience and works to expedite development of the clean energy sector.
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The 2024 edition of the American Clean Power Association’s WINDPOWER conference was a celebration of achievement by the U.S. offshore wind industry and a recognition of the hurdles it still must cross.
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The U.S. Department of Defense and Bureau of Ocean Energy Management have reached a memorandum of understanding intended to improve the collaboration of offshore wind power development proposals.
BOEM
The first-ever offshore wind lease auction for the Gulf of Maine resulted in the sale of four offshore lease areas to two developers, bringing in a total of about $21.9 million.
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