Offshore Wind (OSW)
RWE
RWE, which holds offshore wind leases off the Atlantic, Pacific and Gulf coasts, said it is pausing capital expenditures on development there for two years due to increased risk and uncertainty.
BOEM
The Bureau of Ocean Energy Management issued the final environmental impact statement for SouthCoast Wind, bringing the project one step closer to final approval.
R.I. Ports Coalition
Rhode Island voters overwhelmingly approved a ballot proposal to dedicate $53 million in bonds to several environmental infrastructure projects, including $15 million for the Port of Davisville.
South Fork Wind
Eversource Energy’s exit from the offshore wind business drove a $118 million loss in the third quarter of 2024, offsetting increased revenue from its electric and gas distribution business relative to 2023, the company told investors.
© RTO Insider LLC
Opposition to offshore wind is much more widespread than the two dozen or so protesters outside the Atlantic City Convention Center.
© RTO Insider LLC
The friction between the fishing and offshore wind industries was a recurring topic at Offshore WINDPOWER 2024, where multiple discussions examined approaches that have sought to smooth the relationship.
Skanska
The company planning an 810-MW wind farm off the New York coast gave an update on its efforts at Offshore WINDPOWER 2024.
© RTO Insider LLC
The Bureau of Ocean Energy Management has decreased its offshore wind permitting times 20% as it gains experience and works to expedite development of the clean energy sector.
© RTO Insider LLC
The 2024 edition of the American Clean Power Association’s WINDPOWER conference was a celebration of achievement by the U.S. offshore wind industry and a recognition of the hurdles it still must cross.
BOEM
The first-ever offshore wind lease auction for the Gulf of Maine resulted in the sale of four offshore lease areas to two developers, bringing in a total of about $21.9 million.
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