offshore wind

Massachusetts utilities have signed contracts for 4.5 GWh of energy storage. One project will be located at a former fossil power plant site, highlighting contrasting trends in New England’s offshore wind and energy storage sectors.

New York City faces a critical energy shortage with only five megawatts of backup power, exacerbated by the shutdown of the Indian Point nuclear plant, blocked gas pipelines, and failed offshore wind projects. The city bans residential battery storage, unlike other U.S. states, despite a proposed bill to update codes and address the crisis.

The Trump administration has slowed U.S. offshore wind growth by halting permits and offering lease buyouts, prompting lawsuits from seven states and California. East Coast states like New York and Maryland continue to prioritize offshore wind for climate goals, while federal actions have caused project delays and uncertainty. Courts have allowed some projects to proceed, but many remain stalled as states shift to short-term strategies like battery storage and nuclear power.

Dominion Energy has renewed a deal with Virginia Beach to purchase land for offshore wind projects. The company plans to use onshore infrastructure at the site to support a wind farm off the Outer Banks.

UK ministers aim to limit costs in the next offshore wind auction, with price being a central factor. The government is defending its clean power strategy through this initiative.

The UK and Japan have agreed to a £18bn investment deal, with Japanese firms set to fund UK infrastructure and offshore wind projects, as announced by Downing Street.

California is advancing its offshore wind initiatives despite opposition from Donald Trump, with the Port of Long Beach planning to serve as a floating turbine assembly hub. The state is awaiting a more supportive federal administration to facilitate deployment.

Ocean Winds, an offshore wind developer, ended controversial deals with the Trump administration to abandon U.S. projects but achieved a milestone in Europe with a 30-megawatt floating wind project in southern France.

The Trump administration will refund two energy companies for offshore wind projects to redirect investments toward fossil fuels. The Interior Department announced the move, involving Global Infrastructure Partners (linked to BlackRock) and Golden State Wind.

Offshore wind development in the United States has nearly stopped due to the Trump administration's attacks, while other countries, including wealthy and developing economies, are adopting the energy source for domestic and renewable energy goals.