Tag Archives: Revolution Wind
Biden-Subsidized Offshore Wind Developer Reports Massive Losses in Latest Blow to Industry
A Danish renewable energy group booked huge impairment losses Thursday after it pushed back the launch of one of its U.S. offshore wind projects, according to its first-half 2024 earnings report. Orsted estimated the value of its assets declined $472 million in the first half of 2024, largely due to delays at the onshore substation for its 704 megawatt (MW) “Revolution Wind” project off the coast of Rhode Island and Connecticut, the report showed. The company also reported a variety of other problems, including losses related to its cancellation of its Ocean Wind projects in New Jersey and its abandoned effort to produce eco-friendly methanol in Sweden. “Despite encouraging progress on our US offshore wind project Revolution Wind, the construction of the onshore substation for the project has been delayed,” Orsted’s CEO Mads Nipper said in reference to the delay. “This is, of course, unsatisfactory, and we continue our dedicated efforts to de-risk our portfolio.” more, >>CLICK TO READ<< 17:03
Opinion: Rhode Island needs to call a hiatus on offshore wind projects amid blade failures
The recent spate of offshore wind turbine blade failures should be a wake-up call for both the industry and our policymakers. Recently, a Vineyard Wind turbine off Nantucket suffered a catastrophic failure of a 350-foot-long fiberglass turbine blade that dumped 110,000 pounds of fiberglass, epoxy and foam into the ocean. The Vineyard Wind project has been ordered by the U.S. Bureau of Safety and Environmental Enforcement to cease operation and halt further construction activities pending an investigation. Public support for these projects has collapsed. A flash poll conducted by a Providence television station showed 85% of respondents do not support building these turbines. more, >>CLICK TO READ<<, by Martin Kits van Heyningen 06:58
One of RI’s top environmentalists is suing to block offshore wind project
Trudy Coxe, the former head of Save the Bay and once the top environmental official in the Commonwealth of Massachusetts, dropped a bombshell on Wednesday afternoon. In her role as the head of the Newport Preservation Society (NPS), Coxe announced that her organization has filed a massive federal lawsuit to block the construction the offshore wind project off the coast of Rhode Island. NPS manages the public-facing mansions in Newport, such as The Breakers and Rosecliff, to name a few. The Preservation Society filed the suit in the U.S. District Court for the District of Columbia.>>click to read<< 11:55
Ørsted shares fall 25% after it reveals troubles in US business
Shares in the world’s largest offshore wind company tumbled by nearly a quarter on Wednesday, after it said it may have to write down the value of its US portfolio by nearly £2bn. Ørsted said it had been hit by a flurry of setbacks in its American business, triggering a rapid sell-off in its shares, listed in Copenhagen. In their haste to dump the stock, investors had cut the notional value of the business by nearly £7bn by the time the market closed on Wednesday. It pointed to significant problems in the supply chain that are likely to affect Ocean Wind 1, Sunrise Wind, and Revolution Wind, planned windfarms off the eastern seaboard of the US. >>click to read<< 13:32
CT, RI wind farm gets federal decision on environmental plan
One of Connecticut’s first two wind farms reached a major milestone on Tuesday, with the Bureau of Ocean Energy issuing a “record of decision” in the environmental review process for Revolution Wind, a prerequisite clearing the way for construction in the coming weeks. Revolution Wind will be located 15 miles off Point Judith, R.I., with partners Orsted and Eversource planning to sell the electricity generated by wind turbines to Connecticut and Rhode Island. That construction activity includes crews conducting multiple test pits near along the Quonset Business Park in North Kingstown, R.I., and at the substation where power from the wind farm will be brought ashore, and then converted for use on the regional electric grid. >click to read< 16:06
Revolution Wind offshore wind farm project clears CRMC hurdle. What’s next for the project?
The vote by the Coastal Resource Management Council moved Revolution Wind one step closer to becoming the third utility-scale offshore wind farm to be cleared for construction in America. The vote came despite objections from fishermen, who say the project and others like it will shut them out of fishing grounds and cause economic losses in their industry. Not all in the fishing industry are against the project. David Yerman, a Connecticut fisherman whose firm is employed by Ørsted and Eversource, said those in the industry can work with offshore wind developers. “Offshore wind development is not a threat to commercial fishing,” he said. “It is an opportunity.” But every other person from the fishing industry that spoke voiced opposition to the application. >click to read< 09:49
Proposed bill would make offshore wind developers create compensation fund
The fund would provide compensation if construction or operation of a facility damages fisheries or the marine environment, and if the developer creates fewer jobs than promised in an agreement. Sen. Heather Somers, R-Groton, co-introduced House Bill 5223 with four Democratic state representatives, while three Republicans and two Democrats are co-sponsors. “This is new territory,” Somers said. “It’s an industrialization underneath the ocean that we have not seen before, and we do not have the data.” Somers’ district has the last commercial fishing fleet in the state, in Stonington, and she said “if the impact is such that they can no longer fish or their career is not viable, it was important for us on the committee to not prioritize one industry over another.” >click to read< 08:02
Offshore Wind Supporters Angered by ‘Misleading’ Information from R.I.-Based Opposition Group
A handful of property owners in the East Bay has been publicizing a torrent of data arguing against offshore wind projects, causing alarm and anger from oceanographers, environmental regulators, and climate activists who say the group’s arguments are wrong, misleading, and tainted with negative innuendo, false linkages, and guilt by association. The small group, called Green Oceans and organized last December as a nonprofit, believes offshore wind projects are the “industrialization of the ocean” and “100% destructive,” said one member, Bill Thompson, who owns a house in Tiverton. The group includes five other members, four of whom own houses in Little Compton and one with a Boston address. Green Oceans has produced a white paper against offshore wind, presenting 31 objections:,, >click to read< 21:00
Offshore Wind: No measurable influence on climate change
Officially, offshore wind developers anticipate their projects will “have no measurable influence on climate change.” Knowing this, they offer a different rationale. In the “purpose and need” section of the draft environmental impact statement for Revolution Wind, Ørsted justifies the offshore wind project based on its ability to fulfill Rhode Island’s mandate for “renewable” energy. Meeting a political mandate differs rather significantly from combating climate change. Ørsted seems to understand this difference, but the public may not. No environmentally conscious individual wants to hear such depressing facts, including us. Despite numerous articles from pro-wind enthusiasts touting the promise of offshore wind, the carbon savings of these projects fail to justify their construction. >click to read this< 18:34
Charter Signed for First-ever U.S.-flagged Jones Act Compliant SOV
Offshore vessel operator Edison Chouest Offshore (ECO) will build and operate the first-ever U.S. flagged Jones Act compliant Service Operations Vessel (SOV), used for offshore wind farm operation and maintenance works. Edison Chouest Offshore, Ørsted, and Eversource announced Thursday the execution of a long-term charter agreement for the provision of the SOV. “The SOV will be engineered, constructed and operated by ECO as an integral part of the operation and maintenance of the Revolution Wind, South Fork Wind and Sunrise Wind offshore wind farms in the northeast United States, which are dependent on obtaining the necessary federal permits from the Bureau of Ocean Energy Management (BOEM),” the companies said in a statement. >click to read< 09:27
Rhode Island House Republicans Call for Marine Life Study Commission to study the effects of wind turbines
House Republicans are calling for a commission to study the effects of wind turbines on marine life in Rhode Island. Representatives Sherry Roberts, Justin Price, and Robert Nardolillo are urging fellow lawmakers to support the initiative. The representatives are renewing their calls for a study commission in light of Deepwater Wind’s recent announcement of plans to expand the offshore wind farm off the Rhode Island coast. The legislation, sponsored by Representative Sherry Roberts, was introduced in February. Since then, the new $250-million Revolution Wind project was announced. The scale of the project has heightened unease about potential environmental damage from the turbines. >click to read<19:40
