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.

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.

Gov. Jay Inslee approved a revised plan for the largest wind turbine farm in Washington, stretching across 24 miles in the Horse Heaven Hills in the southeastern part of the state.

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.

Keith Martin, a specialist in tax and renewable energy policy, said a Republican-led Congress would likely look to "cannibalize" parts of the Inflation Reduction Act.

Deep decarbonization of the New England grid will pose major challenges related to resource adequacy and market administration, ISO-NE concluded in the final report of its Economic Planning for the Clean Energy Transition study.