Renewable Power

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Comptroller Says NY Needs to Step Up Energy Transition
New York's comptroller reported that the state's clean energy transition will need to accelerate to meet its goals.
Eversource
Eversource Takes Hit on Sale of Offshore Wind Assets
Eversource announced an after-tax impairment charge of $331 million related to the sale of its offshore wind assets in its quarterly earnings call.
Bureau of Ocean Energy Management (BOEM)
Potential Military/NASA Conflict with OSW Seen in Wind Energy Area
BOEM has drawn three new wind energy areas off the coasts of Delaware, Maryland and Virginia.
PSEG
PSEG Touts ‘Wins’ in Ocean Wind Sale, Energy Efficiency
PSEG has marked a number of “wins” that align with New Jersey’s energy policies, CEO Ralph LaRossa said during the company’s second-quarter earnings call.
© RTO Insider LLC
Hydrogen Tax Credit Design is Key to Decarbonization
The Treasury Department is working to implement the 45v tax credit, which is the largest incentive passed under the Inflation Reduction Act and is meant to incentivize clean hydrogen production.
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NY Invites OSW Developers to Rebid with Lower Prices
New York pushes back schedule for offshore wind contract awards and invites developers to submit lower bids.
© RTO Insider LLC
FERC Updates Interconnection Queue Process with Order 2023
FERC approved Order 2023 at its regular meeting, requiring changes to its pro forma interconnection queue that are aimed at clearing up the backlog of more than 2,000 GW of resources.
University of Maine
Maine Legislature Approves Compromise OSW Measure
Maine Gov. Janet Mills vetoed an earlier version of the offshore wind legislation but urged negotiations on a compromise.
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Lawsuits Mount over NJ OSW Projects as Opposition Digs in
New Jersey has no offshore wind turbines in operation yet, but the industry is already creating jobs — for lawyers.
Wood Mackenzie/EIA
WoodMac: New Solar Hits 54% of New Generation in US in Q1
Recent reports from industry analyst Wood Mackenzie show new solar soaring but energy storage slumping.

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