Corio Generation

New Jersey offshore wind gets back on track

Back in October last year, New Jersey’s plans for offshore wind development took a hit when Ørsted announced that it would cease development of the Ocean Wind 1 and Ocean Wind 2 projects. Ocean Wind 1 had been set to become New Jersey’s first offshore wind farm. Yesterday, though, New Jersey offshore wind aims got back on track.

Today, NJBPU awarded a combined 3,742 MW of offshore wind capacity to Invenergy and energyRE’s Leading Light Wind and Attentive Energy LLC’s Attentive Project Two,...

https://www.marinelog.com/offshore/offshore-wind/new-jersey-offshore-wind-gets-back-on-track/

New York offshore wind: “Back on track”

Earlier this month, the news coming out of New York on offshore wind was causing some dismay. The New York State Public Service Commission denied petitions submitted by Empire Offshore Wind, Beacon Wind, Sunrise Wind and the Alliance for Clean Energy New York, Inc. (ACENY) that sought to address inflationary pressures impacting project economics through adjustments to Renewable Energy Credit (REC) and Offshore Wind REC (OREC) purchase and sales agreements entered with the New York State Energy...

https://www.marinelog.com/offshore/offshore-wind/new-york-offshore-wind-back-on-track/

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