Tag Archives: Commonwealth Wind
Healey solicits ‘largest’ offshore wind bid
Massachusetts is putting out bids for another round of offshore wind projects – the largest procurement to date – to comply a mandate requiring it to tap into more clean energy sources, but the move comes at a risky time. Gov. Maura Healey announced on Thursday that the state plans to solicit up to 3,600 megawatts of additional offshore wind power, the equivalent to 25% of the state’s annual electricity generation. “With our top academic institutions, robust workforce training programs, innovative companies, and support from every level of government – Massachusetts is all-in on offshore wind,” she said. But the latest procurement comes amid increasing turbulence in the nation’s nascent offshore wind industry. >>click to read<< 09:02
The great US offshore wind-power boom has begun to falter
Plans for massive offshore wind farms that President Joe Biden hopes will power as many as 10 million American homes by 2030 are starting to wobble. On Monday, New Jersey utility Public Service Enterprise Group Inc. said it’s deciding whether to pull out of Ocean Wind 1, a proposed project in the Atlantic Ocean that would generate 1.1 gigawatts – enough for 500,000 homes. Less than two weeks earlier, New England utility Avangrid Inc. said its similarly sized Commonwealth Wind project was no longer viable because of higher costs and supply chain woes. Offshore wind projects are “facing a number of headwinds,” Soaring inflation, rising interest rates and supply chain snarls around the world are threatening to hobble the offshore wind boom that both federal and local policy makers have been planning for years off the US East Coast. >click to read< 13:28
Massachusetts offshore wind project “no longer viable”
A major offshore wind project in the Massachusetts pipeline “is no longer viable and would not be able to move forward” under the terms of contracts filed in May. Both developers behind the state’s next two offshore wind projects are asking state regulators to pause review of the contracts for one month amid price increases, supply shortages and interest rate hikes. There’s an obvious bit of irony in seeing the same state and federal government actors who have pushed “green energy” down everyone’s throats sitting on this particular sideline. Those same people whose policies helped drive this collapse in the supply chain and the labor market, along with the spike in the prices of pretty much everything, are now watching as one of their signature “clean energy” achievements fall victim to the conditions they created. >click to read< 08:48
Salem bid selected for offshore wind project
State leaders announced Friday afternoon that Commonwealth Wind, a partnership that targets Salem for an offshore wind marshalling yard around the Salem Harbor Footprint property, was selected to provide 1,200 megawatts of power to the state. “Today’s announcement marks a transformative moment for Salem, our commonwealth, and our planet,” said Salem Mayor Kim Driscoll. “As the planned marshalling and construction staging site for this next generation of major offshore wind power, Salem now has a brighter future.” >click to read< 11:17