Park City Wind
BOEM has issued its final Record of Decision ROD approving Avangrid Renewables’ New England Wind project, marking a major milestone for the proposed offshore wind project.
The Bureau of Ocean Energy Management has completed the environmental impact assessment of the proposed Park City and Commonwealth offshore wind proposals.
The Connecticut Department of Energy and Environmental Protection launched two new clean energy solicitations Oct. 27.
The American Clean Power Association’s Offshore WINDPOWER conference discussed uncertainty and the need for federal support amidst supply chain snarls and high interest rates.
Avangrid announced an agreement with two Connecticut electric distribution companies to terminate power purchase agreements for its Park City Wind proposal, the latest in a series of setbacks for offshore wind in New England.
Wind power development off the Northeast U.S. coast continued to advance in 2022, with New York especially seeing a "banner year," according to an OSW advocate.
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.”
State solicitations have helped lower offshore wind prices, but DEEP Commissioner Katie Dykes says the next challenge for the sector is transmission.
Avangrid said it expects the Park City offshore wind project to begin commercial operations in 2026 instead of the 2025 date it previously announced.
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