By: Peter Brennan Baltimore – Interior Secretary Ken Salazar announced today that leases for offshore wind development off of Maryland, Virginia, New Jersey and Delaware would be issued by the end of 2012 after an environmental review resulted in a finding of no significant environmental impact. The announcement follows President Obama’s call for additional clean energy [...]
Continue reading...Thursday, December 15, 2011
By Todd Griset NRG Energy announced this week that it is “putting active development of offshore wind projects on hold for the near term.” This is a significant shift for NRG’s subsidiary Bluewater Wind and the projects it has been developing, and may have broader implications for the US offshore wind market. NRG [...]
Continue reading...Tuesday, December 13, 2011
NRG Bluewater Wind has suspended development of its offshore wind project near Delaware, citing the lack of funding for the federal load guarantee program and uncertainty over tax credits for wind projects. “Our people have worked hard and we’ve made a considerable financial investment in the wind park, but that effort cannot overcome the difficult and [...]
Continue reading...Tuesday, November 22, 2011
The University of Delaware has received a $540,000 Energy Department grant to investigate the management strategies and electric grid upgrades needed to transmit electricity from offshore wind farms to the load centers on the Atlantic Coast, the school announced yesterday. “Many large U.S. cities are located on or near the East Coast, giving them close [...]
Continue reading...Thursday, September 22, 2011
By Todd Griset Uncertainty has its costs. Clinical studies confirm what we all know intuitively: uncertainty about what may happen in the future makes it harder for us not only to make plans but also to achieve them. Uncertainty can impact offshore wind projects in several ways. Developers face uncertainty over regulatory regimes, the availability of leases [...]
Continue reading...Tuesday, September 13, 2011
In less than two weeks, NRG Bluewater Wind is facing a crucial deadline in its power purchase agreement with Delmarva Power and the company has not received the federal legislative help that it had hoped for, the Wilmington News Journal reported yesterday. By Sept. 23 NRG Energy must decide whether it wants to exit the contract [...]
Continue reading...Friday, August 12, 2011
A Dutch study has found that offshore wind developments have “hardly any negative effects” on wildlife and might create beneficial habitat for marine creatures, London’s Guardian reported yesterday. The researchers studied an offshore wind farm near the Dutch North Sea coast. “At most, a few bird species will avoid such a wind farm. It turns [...]
Continue reading...Monday, July 18, 2011
The town of Bethany Beach, Delaware, rejected a plan to bring undersea cables ashore from the planned NRG Bluewater Wind offshore wind farm, DelmarvaNow reported yesterday. The company had offered to fund $85,000 worth of independent studies on the impact of bringing the cables to shore. “I do not believe that NRG Bluewater has been dealing with [...]
Continue reading...Tuesday, July 12, 2011
The Bureau of Ocean Energy Management, Regulation and Enforcement’s release yesterday of an Environmental Assessment for federal water near several mid-Atlantic states has moved NRG Bluewater one step closer to signing a lease for a development area near Delaware, DelawareOnline reported. The EA covers wind energy areas near New Jersey, Delaware, Maryland and Virginia. If BOEMRE [...]
Continue reading...Monday, July 11, 2011
The Bureau of Ocean Energy Management, Regulation and Enforcement expects little environmental impact from offshore wind development in designated zones near New Jersey, Delaware, Maryland and Virginia, the Wall Street Journal reported today. The agency announced today that it is seeking public comment on a draft Environmental Assessment for the offshore Wind Energy Areas. “America’s offshore wind [...]
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Thursday, February 2, 2012
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