Public financial support for New Jersey’s offshore wind projects has come under scrutiny as Ørsted seeks to obtain access to federal tax credits.

New Jersey’s Board of Public Utilities pulled an agenda item modifying the state’s offshore transmission project after a Division of Rate Counsel complaint.

Eversource began its anticipated departure from the offshore wind sector, announcing it would sell its interest in an uncontracted New England lease to Ørsted.

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 concluded that Ocean Wind 1 combined with other projects will have a “major” impact on scenic and visual factors and on scientific research.

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.

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.

Cape May County has appealed a BPU decision to grant Ørsted an easement to run transmission from the state’s first OSW project to an onshore substation.

U.S. OSW developers must follow Europe’s example and build out meshed HVDC systems, experts told the International Partnering Forum.

Rhode Island Energy said it hoped to receive more than one proposal in the state’s second offshore solicitation but recognizes the challenges facing the sector.