Offshore Wind
Two major offshore wind power developers are warning again of economic problems with projects off the New York and New England coasts.
The U.S. Department of the Interior announced that Elizabeth Klein has been named director of the Bureau of Ocean Energy Management.
New Jersey’s far-reaching OSW plans face challenges as the first project undergoes permit scrutiny and the state launches a third coastal wind solicitation.
New Jersey has extended by two weeks the comment period on the plan to hold its third — and largest — offshore wind solicitation in early 2023.
Avangrid has moved to terminate power purchase agreements for Commonwealth Wind, a 1.2-GW offshore wind project it is developing in Massachusetts.
Developers bid a total $757 million, or $2,039/acre, for five leases in two wind energy areas off California in the first West Coast offshore wind auction.
The West Coast’s first offshore wind auction got off to a cautious start, with bids closing at levels far lower than two recent East Coast auctions.
New Jersey is seeking projects totaling 1.2 to 4 GW — and potentially larger — in the state’s third offshore wind project solicitation planned for early 2023.
FERC approved revisions to PJM’s tariff that assign the costs of necessary transmission upgrades for installation of offshore wind in New Jersey to the state.
The New Jersey EDA voted to back a $20 million purchase agreement with Atlantic City Electricity to ensure the utility avoids potential supply chain delays.
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