Page 33 - Ocean Wind News Today

Operator: Welcome to Southwest Gas Holdings Third Quarter 2023 Earnings Conference Call. Todays call is being recorded and our webcast is live.

What is the point of these arbitrary goals, other than to provide politicians like Gov. Murphy and President Biden with opportunities to virtue signal to well-funded environmental groups during their next re-election campaigns? No one seems to want to admit it, but it must be said that offshore wind serves absolutely no purpose at all on a power grid that cannot be filled more cheaply and effectively by an array of other power generation sources. It is without doubt an ineffective, enor...

Orsted, the Danish renewable energy company, has announced significant developments in its US offshore wind portfolio

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Orsted, a global leader in renewable energy, has released its financial report for the first nine months of 2023

Residents who live along New Jersey’s thriving coast had genuine concerns about the impact of offshore wind on their ocean views, local economies, and commercial and recreational fishing. But an unusual event gave fossil fuel-aligned interests an opening to dominate the conversation, ultimately helping sway public opinion away from offshore wind: a spate of whale deaths.

A new report found Dominion Energys Integrated Resource Plan does not align with Virginias climate goals. Dominion wants to keep using gas and coal-fired power plants, citing data center expansion in Northern Virginia but the Virginia Clean Economy Act mandated Dominion to use 100% renewable electricity by 2045. Dominions plan does meet Gov. ...

Republican Gov. Glenn Youngkin, who has sought to reverse his predecessor's climate agenda, will have to contend with a Democratic-controlled statehouse

Last Tuesday, the Danish firm scrapped its Ocean Wind I and II projects in southern New Jersey, saying the projects were no longer financially feasible. The company cited supply chain issues, inflation and a failure to gain enough government tax credits. The next day, Orsted wrote to the New Jersey Board of Public Utilities, saying it was withdrawing from an agreement it signed with the state under which it would forfeit the money if it did not build Ocean Wind I.

Since he took office in 2018, New Jersey Governor Phil Murphy has been a strong supporter of renewable energy, and an ardent opponent of natural gas development. One of Murphy’s...