New Jersey settles with Ørsted for $125M, expedites offshore wind plan
Utility industry news and analysis for energy professionals.
Source: utilitydive.com
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NJ reaches $125M settlement with Ørsted
That figure is less than the $300 million that was at the center of the discussion about this issue when the Danish company pulled the plug on the offshore wind projects last fall.
Source: njbiz.com
Orsted, New Jersey Reach Settlement Over Canceled
New Jersey officials said the state will receive $125 million from a legal settlement with Denmark's Orsted ORSTED.CO over the company's cancellation
Source: marinelink.com
Ventnor approves contract for Boardwalk repairs
The Ventnor City Commission approved a contract Thursday with DeBlasio & Associates for $248,500 for construction management and inspection services for the city's Boardwalk reconstruction project.
Source: pressofatlanticcity.com
United States - Energy Law - US Offshore Wind Highs And Lows
Globally, offshore wind energy development has seen explosive growth. By the end of 2022, total global offshore wind capacity in operation had reached 64.3GW.
Source: mondaq.com