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, 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...Friday, June 24, 2011
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 [...]
Continue reading...Monday, June 20, 2011
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 [...]
Continue reading...Friday, June 3, 2011
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 [...]
Continue reading...Friday, May 27, 2011
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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Thursday, December 15, 2011
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