Orsted
Two states with some of the most ambitious offshore wind goals in the nation brought stakeholders together last week, trying to keep things on track in 2024.
Eversource will take a fourth-quarter 2023 impairment of up to $1.6 billion due to the ongoing struggles of its offshore wind joint ventures with Ørsted.
Clean energy in New Jersey moved forward in 2023 with community solar and Advanced Clean Cars II, and in reverse with the shutdown of the Ocean Wind offshore development.
The New Jersey Board of Public Utilities dismissed a citizen petition seeking to reassess the cost to ratepayers of Atlantic Shores, the state's sole offshore wind project in active development.
The Bureau of Ocean Energy Management issued its final environmental impact statement for Sunrise Wind, endorsing an 11% reduction in the number of wind turbines for technical and environmental reasons.
Recent setbacks will not prevent the New Jersey BPU from moving forward with the state's commitment to offshore wind.
Eversource reported it's moving closer to the sale of its share of an offshore wind joint venture, and has substantially completed negotiations with a potential buyer.
The world’s leading offshore wind developer has canceled two major U.S. projects and suspended work on a third but committed to building a fourth and trying to salvage a fifth.
New Jersey will split off the connection infrastructure part of the offshore wind farm development and hold a separate solicitation for the infrastructure work.
Initiatives to protect marine life, specifically whales in one case, will shape development of New Jersey offshore wind projects as developers face rising public concern.
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