Page 3 - Robert Blue News Today

Ohio’s consumer watchdog is urging customers to raise questions about a proposal to raise monthly fixed costs for 1.2 million natural gas customers by at least 30%. That means they would initially have to pay nearly $60 a month before a single cubic foot of gas enters their homes. The amount could increase to $80 a month over seven years.

A few years ago, interest in offshore wind energy was so strong that developers proposed spending tens of billions of dollars to plunk hundreds of turbines the size of skyscrapers in the Atlantic Ocean from Maine to Virginia.

The Biden Administration’s Bureau of Ocean Energy Management (BOEM) has issued final approval for the construction of Dominion Energy Virginia’s Coastal Vir

The decision comes at a perilous time for the offshore wind industry, with developers struggling with soaring costs, rising interest rates, supply chain delays, and bursts of local opposition.

The decision comes as other projects to build wind farms along the Atlantic Coast have run into trouble.

Utility industry news and analysis for energy professionals.

The plant has been labeled controversial by state regulators, drawing community pushback. Dominion says it’s needed to keep pace with increasing electrical demand.

Cost bumps in U.S. offshore wind power construction are causing new impacts to projects and developers, but recent actions by some traditional energy sector firms indicate continuing commitment to a transition to renewables.

Cost bumps in U.S. offshore wind power construction are causing new impacts to projects and developers, but recent actions by some traditional energy sector firms indicate continuing commitment to a transition to renewables.

Enbridge has struck a deal with Dominion Energy to buy three natural gas utilities from it for a total consideration of $14 billion. The net value of the deal is $9.4 billion but will also involve the assumption of the utilities’ debt. The ...