Offshore Wind
A new policy paper from the Acadia Center emphasizes the importance of community engagement to enabling wide-scale deployment of clean energy infrastructure over the next two decades.
Several clean energy industries were clear losers after former President Trump's reelection, and offshore wind and EV company stocks took hits the day after the election.
The Southeast’s traditionally risk-averse vertically integrated utilities are now embracing the clean energy transition, driven by economic development in the form of new industry and data centers.
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.
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.
Dominion Energy reported net income of $953 million in the third quarter this year, as it continued to see load growth from data centers, progress on its offshore wind project, and infrastructure damage from Hurricane Helene.
Despite some recent hiccups with supply chains and higher interest rates, the clean energy transition is set to accelerate with long-term policy support, panelists said at the Aurora Energy Transition Forum.
Barely three months after it was launched, New York’s fifth offshore wind solicitation has its first casualty.
Dominion Energy’s 2024 Integrated Resource Plan calls for major expansions of offshore wind, solar power and natural gas to meet surging demand in its territory.
Unlocking the full potential of Quebec hydropower to balance renewables through the Northeast will require major efforts to overcome barriers to transmission planning, according to speakers at a webinar led by the Acadia Center.
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