The Baker Administration is proposing to remove the price cap from Massachusetts offshore wind (OSW) procurements.
Read Full ReportWith the opening of a new year, outlined below are some thoughts regarding the major events anticipated in the US offshore wind sector in 2022.
Read Full ReportMarine Renewables Canada (MRC) has just issued its December 2021 US Offshore Wind Navigator, a monthly bulletin that summarizes the critical developments in the US OSW sector and highlights opportunities for prospective supply chain participants in this emerging hundred-billion-dollar industry.
Read Full ReportThe 2021 Annual Planning Outlook (APO) is the third annual outlook published by the Independent Electricity System Operator (IESO) for the Ontario power system. The APO informs stakeholders of system needs and the 2021 APO covers the period from 2023 to 2042.
Read Full ReportOn November 29th the Maine PUC issued an RFP to support the development of renewable generation in Northern Maine and high voltage transmission that is needed to connect Northern Maine to the ISO-NE grid. Northern Maine isn’t directly connected to the ISO-NE grid and its electricity system (peak load of about 140 MW) is administered separately.
Read Full ReportMassachusetts is having a policy debate on the appropriate evaluation criteria for offshore wind (OSW) competitive procurements. Specifically, should the state depart from past policy of focusing primarily on the price of the OSW energy and give more weight to economic development benefits, which are typically in the form of commitments from OSW component suppliers to site their operations locally.
Read Full ReportClosing Ontario’s fleet of gas-fired generators by 2030 will result infrequent and sustained blackouts, while costing electricity ratepayers at least $27 billion, or an additional $100 per month, according to an analysis by the IESO. The IESO’s study was undertaken in response to a number of municipalities across the province calling for a complete phase-out of gas-fired generation in Ontario by 2030.
Read Full ReportIn the last two weeks there have been three indications that the US OSW market is maturing. Perhaps of most importance was the financing of the 800 MW Vineyard Wind project, which involved construction and term loan debt financing with nine banks.
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