December 18, 2024

Avangrid

SouthCoast Wind
Developer Seeks to Terminate SouthCoast Wind PPAs
SouthCoast Wind Energy has asked to end offshore wind power purchase agreements with Massachusetts electric distribution companies, citing rising costs.
CAISO
WEIM Sees Record Q1 Benefits with Growth of Footprint
CAISO’s Western Energy Imbalance Market yielded members $418.82 million in economic benefits during the first three months of 2023, a first-quarter record.
BOEM
Lawsuit Against Vineyard Wind over Threat to Whales Tossed
One of the federal lawsuits challenging approval of the Vineyard Wind 1 offshore wind project off the south coast of Massachusetts has been dismissed.
Edison Electric Institute
PNM, Avangrid Optimistic About Merger Prospects
While PNM awaits a court decision that could revive a merger with Avangrid, PNM officials say they’ll keep running the company like it’s a standalone business.
Deepwater Wind
Mass. DOER Issues Draft RFP for Region’s Largest OSW Solicitation
The Mass. Dept. of Energy Resources issued a draft request for proposals for up to 3,600 MW of offshore wind generation, the state’s largest solicitation yet.
Revolution Wind
Offshore Wind Power Boosts Revenue for Ørsted
Ørsted, the largest OSW developer in the world, reported that earnings from its offshore wind business hit an all-time high in the first quarter of 2023.
NECEC
New England Clean Energy Connect Wins Court Battle
A jury ruled Avangrid can resume construction of the New England Clean Energy Connect, potentially voiding a voter referendum to block the $1 billion line.
CAISO
Western EIM Expands to Texas
Three new entities joined CAISO's Western Energy Imbalance Market, including El Paso Electric, which expanded the market into Texas for the first time.
© RTO Insider LLC
Overheard at the 2023 NECA Renewable Energy Conference
Maria Robinson, director of DOE’s Grid Deployment Office, gave an update on the work her team has been doing to allocate a great deal of funding from the IIJA.
Avangrid
Avangrid Pushes Forward on NECEC, Offshore Wind, PNM Merger
Avangrid announced Wednesday that its net income increased 16% in 2022 over 2021 but projected flat financials in 2023.

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