Included here, in a searchable database, are all of our news articles for the last two years.

Use the search filter to select news items by date, by state, by category and also by a specific search term – e.g. “FERC” or “Ørsted”.

For the ‘category’ search: We have divided news items into one (or sometimes more) of three categories.
1. State.  If the news refers to a single state only, this category applies
2. Offshore. If the news relates to the entire offshore sector, for instance BOEM announcing a new leasing round, it is filed under this category
3. Policy.  Where the item doesn’t relate directly to either a state or to the offshore sector (for instance tariffs on wind components or a FERC decision) it is filed under policy

Filter Results

Search:

Filters
State: NY
Category: Offshore
Subject: Finance, General, Policy: Federal, Policy: State
David Hardy, chief executive of Orsted Offshore North America, said the auction was a “missed opportunity” for an industry that is still trying to develop local supply chains and manage costs. “What does that [the $4.4bn] do for the industry,” Hardy said in an interview with the Financial Times. “It goes into federal coffers . . . Maybe it helps pay for Social Security or helps us defend a country in Europe that needs help. But it doesn’t help offshore wind.

Read More
State: CA
Category: Offshore, State
Subject: Finance, Ports
The California Energy Commission (CEC) approved a $10.5 million grant for renovations at the Port of Humboldt Bay to support offshore wind activities in an area designated for development on the north coast. Once renovated, the new Humboldt Bay Offshore Wind Heavy Lift Marine Terminal will be capable of handling large, heavy cargo vessels, offshore wind floating platform development and integration and decommissioning, and other maritime activities.

Read More
State: NJ, NY
Category: Offshore
Subject: Finance
The US Bureau of Ocean Energy Management (BOEM) has deemed 25 companies and consortia eligible to bid in today’s New York Bight offshore wind lease sale, including some of the biggest offshore wind and Big Oil names. Ørsted is a qualified bidder in the New York Bight auction, a spokesperson from the company told offshoreWIND.biz, however; the developer will not disclose under which name it is bidding until after the auction has closed.

Read More
State: MA
Category: State
Subject: Finance, General
Vineyard Wind, a joint venture between Avangrid Renewables, a subsidiary of AVANGRID, Inc. (NYSE: AGR), and Copenhagen Infrastructure Partners (CIP), today announced that the company’s first project has achieved financial close. Working with nine international and U.S. based banks, $2.3 billion of senior debt has been raised to finance the construction of the project. The milestone enables Vineyard Wind to provide a notice to proceed to its contractors in the coming days and weeks, allowing suppliers to start hiring, training and mobilizing people to prepare for both on and offshore construction.

Read More
Category: Policy
Subject: Finance, Incentives, Policy: Federal
The House Ways and Means Committee released details (Subtitle G – Green Energy) of the markup of of what’s in the draft tax package which will form part of – and arguably the heart of – the $3.5-tn reconciliation package. A great twitter summary here from Jesse Jenkins of Princeton. Key points, The clean electricity tax credits are now structured with strong incentives to pay good wages, train apprentice skilled workers, and use domestic produced iron, steel & manufactured content. To get full tax credit values (referred to as “bonus rate”), projects must pay prevailing wages & use certain percentage…

Read More
Category: Policy
Subject: Finance, Grid, Incentives, Policy: Federal
The House Committee on Energy and Commerce released details of the Clean Electricity Payment Program (see Subtitle D). The $3.5 trillion budget reconciliation bill includes a provision known as the Clean Electricity Payment Program, which would use payments and penalties to encourage utilities to increase the share of electricity they sell from carbon-free sources each year. If it works as hoped, the legislation would ensure that the power sector generates 80% of its electricity from sources like wind, solar, and nuclear plants by 2030, cutting more than a billion tons of annual greenhouse-gas emissions from the power sector (total annual…

Read More
Menu