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Multinational energy developer Orsted unexpectedly withdrew from agreements with the State of Maryland to develop two offshore wind projects, citing worsening economic conditions. Orsted announced that it had pulled out of orders which the Maryland Public Service Commission (PSC) issued years ago greenlighting the so-called Skipjack Wind 1 and Skipjack Wind 2 projects, and selecting the projects for a 20-year Offshore Renewable Energy Credit (OREC). Maryland Democrats repeatedly pointed to the Skipjack Wind development as a key part of the state's aggressive decarbonization agenda. "Today’s announcement affirms our commitment to developing value creating projects and represents an opportunity to reposition...

Due to the Biden administration's decision to waive financial assurance fees, should Vineyard Wind fail and not fully fund their decommissioning account in a timely manner, the public will likely have to pick up the tab.. Biden administration reportedly waived fees for an offshore wind project that are in place to ensure that the infrastructure is removed and the site reclaimed at the end of the project’s life.. Joe Biden, as part of his climate agenda, is pushing an aggressive buildout of offshore wind projects along the East Coast. With the offshore wind industry struggling financially, the waiving of these...

A wind turbine at a northern Colorado wind farm folded in half and caught fire Thursday morning, startling neighbors who heard banging noises prior to the collapse. The incident was reported at 8 a.m. No injuries were reported. Oil and grease from the generator caught fire after the tower's collapse. ... Personnel from the Peetz and Crook all-volunteer fire departments responded. Employees from Invenergy - a Chicago-based company which first owned the wind turbine field and now operates it for the current owner, ClearWay Energy - were already at the site when firefighters arrived, according to Peetz Fire Protction District...

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Global energy developers Equinor and BP announced Wednesday they are canceling the contract for a massive wind project slated for construction off the coast of New York. The two companies said they had reached an agreement with the New York State Energy Research and Development Authority (NYSERDA) to terminate the offshore wind renewable energy certificate for their Empire Wind 2 project. Equinor and BP explained that commercial conditions, namely inflation, interest rates and supply chain disruptions, prevented its contract for the project from remaining viable. "Commercial viability is fundamental for ambitious projects of this size and scale. The Empire Wind...

The COP 28 climate confab opened today in Dubai. Some 70,000 true believers in the energy transition are said to be gathering. And not one of them appears to be either willing or able to do the simple arithmetic that shows that this can’t possibly work. So far, no country that has made a commitment to “net zero” has officially backed off. (Argentina may soon become the first.). Things proceed as if all that is needed is to build sufficient wind and solar generation facilities, until eventually you have enough of them to meet demand. But that’s not how this...

It’s about time Californians of all ideological persuasions wake up and stop what is possibly the most economically wasteful and environmentally destructive project in American history: the utility scale adoption of offshore wind energy. The California Legislature intends to despoil our coastline and coastal waters with floating wind turbines, 20+ miles offshore, tethered to the sea floor 4,000 feet beneath the waves. Along with tethering cables, high voltage wires will descend from each of these noisy, 1,000 foot tall leviathans, but we’re to assume none of this will disrupt the migrations of our treasured Cetaceans and other marine and avian...

Ah, I love the smell of smoking turbines in the morning. It smells like victory. Europe's largest onshore wind farm is facing bancruptcy and has filed for reconstruction with Swedish court.Markbygden ETT, the first phase of the Markbygden 1101 project, is facing difficulties after signing a baseload PPA with Norwegian Hydro Energi. pic.twitter.com/Aj0kIT9hjJ— Simon Wakter (@simonwakter) November 12, 2023That’s Europe’s largest onshore wind farm going under at the moment. Interestingly enough, 75% of the company is owned by a Chinese company called CGN, China General Nuclear. When they put this wind farm in, they signed a 19-year Power Purchase Agreement...

BOSTON – October 31, 2023 – Following a decision by its Board of Directors, Ørsted will cease development of the Ocean Wind 1 and Ocean Wind 2 projects and has taken final investment decision (FID) on the Revolution Wind project. “Macroeconomic factors have changed dramatically over a short period of time, with high inflation, rising interest rates, and supply chain bottlenecks impacting our long-term capital investments,” said David Hardy, Group EVP and CEO Americas at Ørsted. “As a result, we have no choice but to cease development of Ocean Wind 1 and Ocean Wind 2. We are extremely disappointed to...

The Danish company Ørsted announced this week that it is canceling the development of its two major offshore wind projects in New Jersey, Ocean Wind I and II, blaming the poor state of the American economy under leftist President Joe Biden – a major proponent of green energy projects. Ocean Wind I and II were extremely unpopular in New Jersey, prompting widespread protests and aggressive congressional opposition led by Jersey Shore lawmakers Rep. Chris Smith (R-NJ) and Jeff Van Drew (R-NJ). Local fishing industry professionals fear the gigantic wind turbine maritime territory leases would prevent them from living off of...

A green energy company on Tuesday pulled the plug on two wind projects off the coast of New Jersey which were approved for an estimated $1 billion in taxpayer-funded subsidies by Democratic Gov. Phil Murphy and state lawmakers. The Danish outfit Orsted cited high inflation, rising interest rates and supply chain issues as their reasons for scrapping its Ocean Wind 1 and 2 projects – both of which were buoyed by tax incentives included in President Biden’s so-called Inflation Reduction Act. “Macroeconomic factors have changed dramatically over a short period of time, with high inflation, rising interest rates, and supply...

Developer cancels plans for 2 N.J. offshore wind farms. Outraged Murphy rips company.The Danish company Ørsted announced Tuesday night it will “cease development” for what was slated to be New Jersey’s first offshore wind farm, as well as plans for its second project.It’s a blow to Gov. Phil Murphy’s ambitious clean energy goals and a stunning development for environmentalists supporting the energy alternative, once thought to be operational at the Jersey Shore between 2025 and 2026.Murphy blasted the company’s decision in a statement, calling it “outrageous.”The development arrives four months after the Democratic-controlled state Legislature passed a bill that Murphy,...

Under the enlightened leadership of our expert bureaucrats in Washington and various state governments, we are embarked on a program to replace our functioning electricity generation system with an alternative system based on wind, solar, and energy storage. We are told that this will be easy, and in fact cheaper than what we currently have. Surely, if that is true for an entire country, it must be equally true for some small place like an island or a small town. Easiest of all for the demonstration would be an individual house, particularly if the house is surrounded by sufficient land...

California’s buildout of wind and solar farms is exceeding the ability of its grid to handle all the electricity during periods of high production and low demand. The U.S. Energy Information Administration reported Monday that curtailments, which is when wind and solar farms are deliberately shut down, increased to peak levels in 2023. The California Independent System Operator, which operates the electricity grid for much of the state, has steadily curtailed the amount of electricity from wind and solar farms that flows through its system. The decreases appear to be situational, not a steady process, and are the result of...

Wind and solar are both terrible methods of generating electricity, both expensive and unreliable. The one thing that can make the situation worse is the drive to electrify everything, including motor vehicles. The impracticality of this “green” vision has become blindingly obvious, and the “green” movement has begun to fall apart. Steve noted this afternoon the collapsing share prices of renewable energy companies. Here are some more indications that the “green” movement is spiraling downward: From the Telegraph: “Electricity prices ‘must rise by 70pc to pay for more wind farms.’” No new wind farms will be built off Britain’s shores...

When it comes to “renewables” wreaking havoc on the environment, wind turbines have stiff competition. For example, over 500,000 square miles of biofuel plantations have already replaced farms and forests to replace a mere 4 percent of transportation fuel. To source raw materials to build “sustainable” batteries, mining operations are scaling up, with no end in sight, in nations with appalling labor conditions and nonexistent environmental regulations. But the worst offender is the wind industry.America’s wind power industry somehow manages to attract almost no negative coverage in the press, or litigation from environmentalists, despite causing some of the most obvious...

Green advocates remain undaunted by the energy source’s surging costs and questionable efficiency... Like the proverbial skunk at a garden party, reality has disrupted the offshore-wind fantasy. After announcing a potential $2.3 billion write-down on its U.S. offshore-wind projects, Ørsted CEO Mads Nipper said that it was “inevitable” that consumers would need to pay more for renewable energy, since offshore wind “faces cost increases in orders of magnitude.” Nipper’s confession makes a jarring contrast with claims made about offshore wind’s costs only a few years ago. In 2017, Michael Liebrich told BloombergNEF that green-energy costs were at a “tipping point”...

Officials in Sweetwater say an out-of-state company has made their town a dump for the seldom-seen trash created by renewable energy.

More than 100 dolphins died in Brazil last week, and a local governor has declared a state of emergency as experts say additional deaths could be expected. The Brazilian Amazon continues to grapple with a severe drought. Experts say the most likely cause of the deaths in the lakes were high water temperatures, as temperatures have exceeded 102 degrees Fahrenheit in the Tefe Lake region. The Mamiraua Institute, a research group of Brazil’s Ministry of Science, Technology and Innovation, said additional dolphins were found Monday. Local media has reported thousands of fish have also died at Tefe Lake, which is...

JP Morgan Chase CEO says 'eminent domain' powers may be needed to accelerate energy transition projects as 'window is closing' for climate change action. In a latest article. The Wall Street titan told JP Morgan’s investors in the bank’s annual report: “Massive global investment in clean energy technologies must be done and must continue to grow year-over-year. Really? Citizens ask, "What about when school children were told 20 years ago that oil would run out?", "What about when legislators said we had had ten years to stem global warming?" Now people must give up their property? For what? Countries across...