Vineyard Wind faces critical federal delays for Mass. offshore wind project: Report; New York regulators call on FERC to exempt energy storage from NYISO's mitigation measures; EPA moves to streamline permitting for power plant expansions, gas pipelines; Microgrid deployments not driven by natural disasters: WoodMac
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With the wind investment tax credit set to sunset at the end of this year, the 800-MW project's financing could be jeopardized if the Bureau of Ocean Energy Management does not speed up its final environmental impact study.
One of the agency's actions aims to guarantee developers will avoid triggering New Source Review permitting if one portion of their project increases emissions, as long as those emissions are offset by a larger decrease in other parts of the project.
The tariff will compensate power plants such as nuclear, coal-fired and oil-fired generation, but excludes resources such as offshore wind, which the grid operator has credited for providing significant value during cold snaps.
Utility companies have lagged behind most other service industries in making digital engagement a priority, which has contributed materially to underperformance in customer satisfaction levels compared to other industries.
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