December 25, 2024

NYSERDA

Ørsted
Offshore Wind Reset Complete in New York
The churn in New York’s offshore wind industry reached a crescendo Jan. 25, with ownership changes, contract cancellations and new proposals announced.
© RTO Insider LLC
Offshore Wind: NY, NJ Collaborate to Boost Infrastructure, Supply Chain

Two states with some of the most ambitious offshore wind goals in the nation brought stakeholders together last week, trying to keep things on track in 2024.

© RTO Insider LLC
Offshore Wind: Analyst Addresses Industry’s Growing Pains
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.
NYSERDA
Eversource Takes Hit of up to $1.6B on Offshore Wind

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.

NYPA
New York Scrambles to Maintain Momentum in Energy Transition

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.

Shutterstock
Sweeping Reset Underway for NY Renewable Development

Contracts for renewable energy projects totaling more than 8 GW of capacity in New York have been canceled as developers scramble to get out of unprofitable deals and rebid at higher cost.

Empire Wind
Empire Wind 2 Cancels OSW Agreement with New York
Equinor and bp have terminated the offtake agreement with New York for the Empire Wind 2 project.
NYSERDA
NY Releases Preliminary Cap-and-invest Outline
The outline proposes a ‘waterfall’ approach to broadly disperse program funds in a way that targets disadvantaged communities.
Long Island Power Authority
New York Issues Expedited Renewable Energy Solicitations

New York is moving quickly to keep its renewable energy development queue viable, launching solicitations for new onshore and offshore large-scale projects.

Equinor
BOEM Approves Empire Wind
Empire Wind is the sixth commercial-scale offshore wind farm to receive approval from the federal government following BOEM's approval.

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