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East Coast has 25 GW under development Cost increases challenging some projects As the US works to meet a federal goal of installing 30 GW of offshore wind power capacity by 2030, states on the US Eas
With the ball starting to roll on offshore wind development, lawmakers are looking this session to accelerate additional renewable energy capacity and environmental advocates warn they'll need to pick up the pace to meet the state's ambitious climate goals.
As of this year, 59 percent of Massachusetts electricity is carbon free, according to state figures. While some energy experts question that number, all agree that getting to 92 percent by the end of the decade, as mandated by Massachusetts law, will be a monumental task.
Unlike in the past, the draft RFP allows bidders to index their prices to inflation. Two offshore wind CEOs addressed the RFP at a business conference Tuesday at Mass Maritime.
New England state reveals details of fourth round of developer bids—with new terms on cost hikes—while New Jersey launches expanded bid for ocean-to-shore power transmission options and permits first construction of 1.1-GW Orsted project.