Northeast States Seize Offshore Wind Opportunities Amid New Jersey’s Industry Collapse and Growing Clean Energy Initiatives.

The collapse of New Jersey’s offshore wind industry has led to a significant opportunity for other Northeast states to maintain on track to meet federal energy goals. Eversource’s top executive announced that the company had found a buyer for its 50% stake in the Revolution Wind and South Fork wind farms it shares with Ørsted. Somerset, Massachusetts, voters approved a $20 million property tax break for a company planning to build a facility to service the offshore wind industries. The approval of Rhode Island’s Revolution Wind I and the rejection of Revolution Wind II underscores the delicate balancing act offshore wind developers must handle. Pennsylvania would see $157 billion in benefits by 2050 if it achieves 100% clean power by 2040 and adopts clean car policies, according to a study commissioned by an environmental advocacy organization. New York grants a draft permit to a 60 MW solar array near Albany, despite community concern. Maryland transportation officials are considering new registration fees for electric and hybrid plug-in vehicles to help fund infrastructure projects typically covered by the gas tax.