Offshore Wind
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FERC approved four rate incentives to Mid-Atlantic Offshore Development to serve offshore wind in New Jersey under the State Agreement Approach with PJM.
NYISO
NYISO’s Operating Committee voted to approve the results from the Expedited Deliverability Study (EDS) 2023-01 report that included 16 projects, two of which were found to be undeliverable.
South Fork Wind
Eversource finalized its long-running attempt to sell off its offshore wind assets, but not soon enough to avoid a $1.95 billion impairment for 2023.
NJ BPU
The New Jersey Board of Public Utilities has initiated a second state agreement approach with PJM to plan the transmission necessary to meet Gov. Phil Murphy's goal of installing 11 GW of offshore wind by 2040.
Propel NY Energy
The New York Public Service Commission requested a rehearing of FERC’s December order granting a 50-basis-point RTO participation adder for the Propel NY Energy transmission project.
DOE
The DOE and BOEM launched a series of stakeholder workshops to address the specific challenges to siting transmission for the first generation of West Coast offshore wind projects.
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.
South Fork Wind
The Treasury Department has released guidance on its 45X tax credit for clean energy manufacturing, which is meant to help spur domestic production of batteries, solar, wind, and minerals.
© RTO Insider LLC
A bill introduced by House Democrats would grant FERC numerous new authorities over interregional transmission in a bid to spur large projects and increase the flow of renewable energy across state lines.
Shutterstock
Recent setbacks will not prevent the New Jersey BPU from moving forward with the state's commitment to offshore wind.
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