Offshore Wind (OSW)
Dominion Energy reported that its Coastal Virginia Offshore Wind project will cost 9% more than initially expected, thanks to higher-than-expected PJM network upgrade costs.
Gov. Phil Murphy called offshore wind a “once-in-a-generation opportunity” to build a new industry and create jobs, but said he supported the BPU’s decision.
Atlantic Shores said its offshore wind project in New Jersey will continue despite Shell's exit, which caused the oil supermajor a $1 billion impairment.
Government affairs experts previewing New England’s 2025 legislative sessions outlined some key policy overlaps and notable differences among states during a webinar held by the Northeast Energy and Commerce Association.
The Bureau of Ocean Energy Management has approved Vineyard Wind 1’s plan to replace additional installed blades in the wake of a major blade failure in the summer, and resume operation.
The order does not affect existing onshore or offshore wind leases, but it sets up potential challenges by directing a comprehensive review.
Cost increases, delays and diminished value of assets contributed to Ørsted's latest setback — which was announced before President Trump targeted offshore wind in an executive order.
New Jersey Gov. Phil Murphy and the Board of Public Utilities are pushing ahead with ambitious clean energy plans even as they face the reality of President-elect Donald Trump, a fierce skeptic of clean energy, taking office.
Oceantic Network released a report on the thousands of jobs created and billions of dollars invested through more than 1,900 supplier contracts that span 40 states.
New Jersey in 2025 faces the added uncertainty of a likely contentious governor’s race to replace clean energy champion Gov. Phil Murphy and his release of a new energy master plan.
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