January 11, 2025

Offshore Wind (OSW)

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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.
Bladt Industries
1st Substations Set Sail for 1st US Offshore Wind Projects
1,500- and 3,200-ton substations for offshore wind projects are being sailed from Texas and Denmark, respectively, for the New England coast.
BOEM
BOEM Cites Fishing, Cultural Concerns for Atlantic Shores OSW
New Jersey's largest offshore wind farm would have a “major” effect on fisheries and "visual resources,” but only a moderate impact in other areas, BOEM found.
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West Coast States Should Collaborate on OSW, Panelists Say
West Coast states need to work together to achieve their floating offshore wind goals, speakers at this year's Pacific Offshore Wind Summit in Sacramento said.
New England – Maritimes Offshore Energy Corridor (NEMOEC)
Coalition Promotes US-Canadian Offshore Transmission Link
An industry coalition is promoting the concept of underwater transmission linking New England and Nova Scotia via wind farms off their respective coasts.
Revolution Wind
Eversource CEO Gives Update on Offshore Wind Sale
Eversource expects to reach a deal this quarter to sell off its offshore wind interests, CEO Joe Nolan said during the company's earnings call.
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.
PSEG
PSEG Sees Fortunes Stoked by NJ OSW, EV Advances
PGEG's CEO said the company should get a boost from New Jersey’s second solicitation for offshore wind transmission upgrades and a deepening embrace of EVs.
N.J. BPU
New Jersey BPU Backs Plan for 2nd Grid Upgrade Process with PJM
The New Jersey BPU agreed to ask PJM to approve a plan for the state to undertake a second solicitation process under FERC’s State Agreement Approach.

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