January 13, 2025

Offshore Wind (OSW)

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NJ Delays Third OSW Solicitation for PJM Tx, NY Bight Winners
New Jersey will delay its third offshore wind solicitation by three months to allow it to incorporate proposed transmission projects now being reviewed by PJM.
BOEM
Energy Bar Weighs OSW in Oregon, California
New wind areas off the Oregon coast could lead to regional transmission planning with California, panelists told the EBA's Western Chapter.
BOEM
Fierce Bidding Pushes NY Bight Auction to $4.37 Billion
Six companies offered a record $4.37 billion for 5.6 GW of offshore wind capacity in the New York Bight after three days of fierce bidding.
U.S. Bureau of Ocean Energy Management
Avangrid CEO: Benefits of OSW Restructuring Not Reflected in Stock
Avangrid’s CEO said during an earnings call that the lease areas that the company now directly controls are “undervalued based on current market prices.”
Con Edison
Con Edison 2021 Earnings Jump 22%
Consolidated Edison on Thursday reported 2021 net income of $1.35 billion ($3.86/share), up 22.3% compared with $1.1 billion ($3.29/share) the previous year.
PJM
PJM PC/TEAC Briefs: Feb. 8, 2022
PJM will present stakeholders with study results that seek to explain potential upgrade requirements stemming from the RTO’s generator deliverability proposal.
ISO-NE
Experts Expect Stable or Decreased Prices in ISO-NE Capacity Auction
ISO-NE’s 16th Forward Capacity Auction will likely have similar outcomes to last year’s, observers say, even as debate swirls around the market’s future.
Maine Governor’s Energy Office
Stakeholders Debate OSW Ban to 75 Nautical Miles off Maine Coast
A working document of the Maine Offshore Wind Roadmap initiative suggests possibly extending the state’s OSW ban to 75 nautical miles off the coast.
Maine Governor’s Energy Office
Maine Could Extend OSW Ban to 75 Nautical Miles off Coast
A working document of the Maine Offshore Wind Roadmap initiative suggests possibly extending the state’s OSW ban to 75 nautical miles off the coast.
Google
Con Ed to Refine $4B Offshore Transmission Plan for NYC
Con Edison must resolve several regulatory concerns before being authorized to build a new substation in New York City dedicated to interconnecting offshore wind projects.

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