Rough seas ahead as multiple offshore wind power purchase agreements are scrapped
Economic uncertainties have resulted in multiple offshore wind PPAs to come to an end, with both developers and utilities deciding to back out.| Factor This™
Economic uncertainties have resulted in multiple offshore wind PPAs to come to an end, with both developers and utilities deciding to back out.| Factor This™
Avangrid has cited economic conditions such as supply chain disruptions, inflation, rising interest rates and cost increases for offshore wind equipment.| Factor This™
Developers who filed the petition, including subsidiaries of Orsted, Equinor, and bp, said they will review the decision before reassessing their projects.| Factor This™
Together these projects, located about 12 nm south of Long Island, N.Y., and about 16.9 nm east of Long Branch, N.J., would have a capacity of 2,076 MW.| Factor This™
Funding for projects in 11 states was rescinded, including $435 million for a floating wind farm in Northern California and $47 million to boost an offshore wind project in Maryland that the Interior Department has pledged to cancel.| Renewable Energy Business & Market Trends
Ørsted's Board of Directors has elected to end its planned partial divestment of a wind project off the coast of New York.| Wind Power: Turbines, Wind Farms & Innovations
To help spur its transition to 90% renewable energy by 2035, Minnesota Power plans to build a 200 megawatt wind project in North Dakota.| Wind Power: Turbines, Wind Farms & Innovations
At the behest of a few vocal Idaho Republicans, Interior is canceling construction of the Lava Ridge Wind project.| Wind Power: Turbines, Wind Farms & Innovations
Interior is launching a full review of offshore wind energy regulations to ensure alignment with priorities under President Trump.| Offshore Wind Projects: Planning, Construction & Regulations
The Bureau of Ocean Management has rescinded all designated Wind Energy Areas on the U.S. Outer Continental Shelf.| Factor This™
LS Power is adding 1.7 gigawatts of gross onshore wind capacity to its portfolio via 10 projects formerly owned by bp Wind Energy.| Factor This™
The Governor also announced the issuance of New York’s fifth offshore wind solicitation to advance the next wave of development projects off the coast.| Factor This™
The Bay State faces a statutory deadline: It must lock in contracts for at least 5,600 megawatts of offshore wind energy by 2027.| Offshore Wind Projects: Planning, Construction & Regulations
A federal moratorium on offshore wind development has prompted New York to cancel its ongoing Public Policy Transmission Need process.| Factor This™
President Donald Trump expressed his disdain for wind power during a meeting with his Cabinet recently, calling it an expensive form of energy that “smart” countries don't use.| Factor This™
A federal judge in Massachusetts said he plans to deny a motion by the Trump administration to dismiss a lawsuit over its blocking of wind energy projects, siding with a coalition of state attorneys general.| Factor This™
The energy company has now fully sold off its stakes in offshore projects South Fork Wind and Revolution Wind.| Factor This™
The petitions sought new agreements, citing supply chain bottlenecks, high inflation, and increases in the cost of capital, driven by rising interest rates.| Factor This™
Equinor and BP have terminated the offshore Empire Wind 2 project, blaming inflation, interest rates, and supply chain disruptions.| Factor This™
The Trump administration previously argued further review of the project was needed, implying the Biden administration rushed its approval.| Factor This™
The Norwegian energy company Equinor said Friday it will be forced to terminate an offshore wind project for New York within days unless President Donald Trump 's administration relents on its order that stopped construction.| Wind Power: Turbines, Wind Farms & Innovations
Attorneys general from 17 states and Washington, D.C., are challenging an executive order Trump signed during his first day in office, pausing approvals, permits and loans for all wind energy projects both onshore and offshore.| Offshore Wind Projects: Planning, Construction & Regulations
RWE, one of the world's top offshore wind developers, has stopped work on its U.S. projects for now, citing uncertainty under President Trump.| Factor This™
In campaign appearances, Trump railed against offshore wind and promised to sign an executive order to block such projects.| Factor This™
If approved and constructed, the former Kitty Hawk North Wind site, now known as CVOW-South, would generate up to 800 MW of renewable energy.| Factor This™
A second Trump presidency threatens to sink the offshore wind industry and unravel or rework parts of the Inflation Reduction Act.| Factor This™
New York City is one step closer to seeing its first offshore wind project connected to the grid.| Factor This™
The interior secretary will review wind leasing and permitting practices for federal waters and lands.| Factor This™
Ensuring wind turbine performance is a multifaceted challenge that requires a balance of guarantees, testing rigor, and ongoing monitoring.| Factor This™
New technology that enables underwater robots to work stably at sea has been developed at the University of Edinburgh.| Factor This™
Editor's Note: It is my pleasure to announce that noted industry commentator Fred Lyon will be sharing his views on the power industry in a periodic column in Power Engineering titled Power Points.| Factor This™
With a contracted capacity of 810 MW, Empire Wind 1 is poised to be the first offshore wind project to connect to the New York City grid.| Factor This™
The project seems to have come to a halt after developers failed to secure a contract with Connecticut for 400 MW of its generation capacity.| Factor This™
With only a handful of options globally, the project's developer, Invenergy, has struggled to find a turbine blade supplier.| Factor This™
President-elect Donald Trump has promised to halt offshore wind projects ‘on Day 1.’| Factor This™
The CEO of TotalEnergies says he has decided to put the Attentive Energy project on pause, at least in part due to Trump's anti-wind stance.| Factor This™
GE Vernova releases an action plan addressing the next steps for the Vineyard 1 site as Massachusetts delays its offshore wind procurement.| Factor This™
GE Vernova began the probe in response to a July incident, in which a suspected “manufacturing deviation” led to a turbine blade breaking.| Factor This™
After little interest in wind lease auctions earlier this year, two companies have submitted plans to develop large wind farms in the Gulf.| Factor This™
A report warns of potential negative effects for the North Atlantic right whale.| Factor This™
The majority of voters supported the ballot measure that would devote dollars to undertakings such as barrier island restoration and wetlands rebuilding.| Factor This™
Ørsted has reassessed risks associated with Revolution Wind after running into an issue installing an offshore substation monopile.| Factor This™
Construction remains on-budget and on schedule to be complete in late 2026, Dominion said, and the project is now 43% complete.| Factor This™
The company argues that extending the 6-mile buffer currently proposed for any future WEAs off the coast of Virginia is “vitally important.”| Factor This™
The kickoff to the years-long process of creating an “offshore wind energy roadmap” for Oregon comes in the wake of a federal pause on efforts to advance offshore wind projects at two sites near Brookings and Coos Bay following opposition from coastal communities, tribes and the fishing industry and a call from Gov. Tina Kotek for the federal government to pause its plans and include more state participation in the project.| Renewable Energy World
EV manufacturer Rivian will power its fast-charging network with electricty generated by RWE's Champion Wind in Texas.| Renewable Energy World
Iowa-based Critical Materials Recycling was selected by the U.S. Department of Energy as one of six companies to receive a $500,000 cash prize and $100,000 in assistance from national laboratories.| Renewable Energy World
The average construction cost for natural gas-fired generators fell 11% between 2021 and 2022.| Renewable Energy World
As part of an initiative that reduced its debt by $21 billion, Dominion Energy has sold a non-controlling stake in the wind project offshore of Virginia Beach.| Renewable Energy World
Biden wants to establish a legacy for climate action that includes locking in a trajectory for reducing the nation's planet-warming greenhouse gas emissions.| Renewable Energy World
Community Offshore Wind and Long Island Wind could generate more than 4.2 gigawatts of clean energy, putting a dent in New York's climate goals.| Renewable Energy World
The world is set to make abundant energy by the second half of the decade as the production of batteries and solar panels surges — but there'll also be an excess of planet-warming fossil fuels, a report released Wednesday by the International Energy Agency said.| Renewable Energy World
