November 22, 2024

Offshore Wind

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.
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.
NYISO
NYISO Addresses NYC Near-Term Reliability Need
NYISO addressed stakeholder questions in a statement it released about the predicted near-term reliability shortfall in New York City, and potentially statewide.
BOEM
NJ’s 1st OSW Project Gets BOEM Seal of Approval
The construction and operations plan for the 1.1-GW Ocean Wind 1 Project, New Jersey's first OSW project, was approved by the Bureau of Ocean Energy Management.
Shutterstock
New Jersey Backs $150 Million Hike for Offshore Wind Transmission
The state's Board of Public Utilities  approved an additional expenses for the state’s $1.07 billion transmission project to connect offshore wind farms to the grid.
© RTO Insider LLC
FERC Issues Order 898, Changing Its Uniform System of Accounts
FERC issued Order 898, its final rule updating its Uniform System of Accounts.
NYSERDA
New York PSC Calls for More Transmission for Long Island OSW
The PSC has called on NYISO to open its next PPTN with the goal of getting 6,000 MW of new transmission facilities in Long Island to facilitate the export of future offshore wind resources.
© RTO Insider LLC
NY State Reliability Council Executive Committee Briefs: June 9, 2023
New York’s installed reserves margin study may be too optimistic in its emergency assistance assumptions, according to a presentation given to the NYSRC.
Shutterstock
NJ BPU Pulls Offshore Tx Project Mod from Agenda After Complaint
New Jersey’s Board of Public Utilities pulled an agenda item modifying the state’s offshore transmission project after a Division of Rate Counsel complaint.
© RTO Insider LLC
NJ $1 Billion OSW Port and Marshaling Hub 60% Finished
New Jersey’s massive $1 billion play to jump start a new energy industry based on harnessing wind power is proceeding apace on the banks of the Delaware River.

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