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BloombergNEF offshore wind analyst Chelsea Jean-Michel said there's reason for optimism for the industry in the United States, once it overcomes its growing pains.
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Two very different New York companies explain their experience with offshore wind development.
© RTO Insider LLC
The New Jersey Board of Public Utilities rejected one grid-scale solar project and supported another, as well as laying the ground work for its fourth offshore wind solicitation.
Maryland Department of the Environment
Maryland will have to come up with an extra $1 billion yearly to pay for proposals in its newly released Climate Pollution Reduction Plan.
Heitman, LLC
New Jersey has enacted new remote net metering rules that increase the size and scope of solar projects eligible for the program, but are less ambitious than lawmakers sought.
New York Governor's Office
New York’s governor is proposing to streamline the transmission permitting process, which she calls a chokepoint that is slowing progress of the state’s clean energy transition.
Shutterstock
Lawmakers gave final passage to bills to study geothermal heat pump systems, promote electric vehicle charger installation and require status updates of residential solar systems in home sales.
NYSERDA
Eversource will take a fourth-quarter 2023 impairment of up to $1.6 billion due to the ongoing struggles of its offshore wind joint ventures with Ørsted.
BOEM
Federal regulators have issued their first-ever environmental impact evaluation of multiple offshore wind lease areas.
NYPA
The groups charged with leading New York’s energy transition enter 2024 trying to build on momentum from in 2023 while recovering from its disappointments.
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