November 25, 2024

Offshore Wind Power

BOEM
First West Coast Offshore Wind Auction Fetches $757M
Developers bid a total $757 million, or $2,039/acre, for five leases in two wind energy areas off California in the first West Coast offshore wind auction.
Principle Power
California Offshore Wind Bidders Show Caution
The West Coast’s first offshore wind auction got off to a cautious start, with bids closing at levels far lower than two recent East Coast auctions.
IEA
IEA: Solar Will be ‘No. 1 Source of Electricity’ Worldwide by 2027
Driven by global energy security concerns and new government support, renewable energy could see unprecedented growth in the next 5 years, according to IEA.
NJ BPU
NJ Shoots for 4 GW+ in 3rd OSW Solicitation
New Jersey is seeking projects totaling 1.2 to 4 GW — and potentially larger — in the state’s third offshore wind project solicitation planned for early 2023.
Shutterstock
New York State Clean Energy Jobs Hit Record High in 2021
New York’s clean energy sector reached record-high employment in 2021, rebounding from the COVID-19 pandemic much further than the general workforce.
Shutterstock
NJ Backs $20 Million Spend on Tx Link for Offshore Wind Port
The New Jersey EDA voted to back a $20 million purchase agreement with Atlantic City Electricity to ensure the utility avoids potential supply chain delays.
South Fork Wind
NY OSW Proposal Advances After Revisions
Sunrise Wind cleared a significant regulatory hurdle after the New York PSC approved a certificate of environmental compatibility and public need.
Shutterstock
Mass. OSW Projects to Continue Through Regulatory Process
Negotiations will continue on two Massachusetts offshore wind projects that developers have declared financially unviable.
Shutterstock
Fund Created to Develop NY Offshore Wind Ecosystem
Equinor and bp have created a fund to help pay for workforce development and support community-empowerment aspects of New York’s nascent offshore wind industry.
© RTO Insider LLC
Offshore Wind Seeks State Leadership on Transmission
Offshore wind developers say the states that are driving project development need to lead on the transmission side by collaborating to build an offshore grid.

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