Page 15 - Commonwealth Wind News Today

Project developers have maintained for years that the $4 billion project they are building about 15 miles south of Martha's Vineyard would start to generate...

Construction has begun on the Vineyard Wind project off the coast of Massachusetts. It could provide enough clean energy to power 400,000 homes per year

BP and Equinor are in the process of renegotiating the power purchase agreements (PPAs) for their joint offshore wind projects in the USA, according to Reuters.

Feds propose 557 sq miles of new Atlantic ocean tracts for development and set Aug. 29 for first Gulf of Mexico auction of three large sites, but projects cope with rising costs as they advance construction.

The first clean wind power generated by the Vineyard Wind 1 project is expected to flow onto the regional grid by mid-October and the first-in-the-nation offshore wind project should be fully operational by this time next year.

The first-in-the-nation offshore wind project south of Martha’s Vineyard aims to be fully operational by this time next year.

In recent weeks, the company approached Governor Maura Healey’s administration, saying the delay prompted big cost increases. As a result, both the House and the Senate inserted language into their respective supplemental budget bills that would allow Avangrid to recover cost overruns by passing them on to utilities and, ultimately, ratepayers if authorized by the Massachusetts Department of Public Utilities. The differences in the two spending bills now must be reconciled by House and...

But an improving supply chain in the U.S. might help lower costs over time.

The Boston Globe reports that the cost of the critically important New England Clean Energy Connect project increased by over 50 percent to 1.5 billion dollars during the three years...

Operator: Welcome to Avangrid’s Second Quarter 2023 Earnings Conference Call [Operator Instructions].