Tag Archive | "NRG Bluewater"

ANALYSIS: NRG’s Offshore Wind Pullback

Thursday, December 15, 2011

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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 [...]

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NRG Suspends Bluewater Offshore Wind Project

Tuesday, December 13, 2011

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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 [...]

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MORNING ROUNDUP: Bluewater Faces Another Contract Deadline

Tuesday, September 13, 2011

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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 [...]

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MORNING ROUNDUP: Dutch Researchers Say Offshore Wind Good For Wildlife

Friday, August 12, 2011

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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 [...]

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MORNING ROUNDUP: Bethany Beach Rejects Offshore Wind Cables

Monday, July 18, 2011

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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 [...]

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MORNING ROUNDUP: NRG Bluewater Moves Closer to Offshore Wind Lease

Tuesday, July 12, 2011

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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 [...]

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MORNING ROUNDUP: NRG Bluewater Gets Escape Clause Extension

Friday, June 24, 2011

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Delmarva Power granted NRG Bluewater Wind a three-month extension for today’s deadline to withdraw from an offshore wind power purchase agreement, Delaware Online reported today. Three years ago, Delmarva and Bluewater signed a power purchase agreement for the offshore wind project near Delaware. According to the original deal, Bluewater could withdraw from the agreement by today [...]

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MORNING ROUNDUP: Bluewater Wind Offers Town Funding For Cable Study

Monday, June 20, 2011

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NRG Bluewater has told the Delaware town of Bethany Beach that it will provide $85,000 to study the effects of bringing cable ashore from the company’s planned offshore wind farm, the Wilmington News-Journal reported on Saturday. Bethany Beach’s town council has not decided on whether it will go ahead with the research or the project. According [...]

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MORNING ROUNDUP: Markell Says NRG Is Best Suited To Develop Delaware Offshore Wind

Friday, June 3, 2011

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Delaware Gov. Jack Markell said yesterday that NRG Energy has the best chance to develop an offshore wind farm near his state — a significantly softer tone than he used last week when he warned that other developers might be given a chance to win the project, the Wilmington News-Journal reported. Markell’s warning last week came [...]

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MORNING ROUNDUP: Sen. Carper Says Federal Money Could Be Redirected To Loan Guarantee

Friday, May 27, 2011

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Delaware Sen. Tom Carper said that federal money might be reprogrammed to fund a renewable energy loan guarantee program that was on track to support several offshore wind projects, Delaware radio station WDEL reported yesterday. Congress cut funding this year for the loan guarantee program, disrupting plans for offshore wind developers, including Cape Wind in Massachusetts [...]

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