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Bluewater Wind News

27 Sep 2013

Waiting for the Windfall

Joe Hudspeth, Vice President of Business Development at All American Marine, Inc.

The momentum for wind power continues to gather on the domestic waterfront. U.S. boatbuilders anxiously await the coming gale. "In a few instances, the Customs and Border Protection Agency (CBP), charged with administrating Jones Act applicability, has ruled that foreign vessels may engage in equipment installations on the Outer Continental Shelf. CBP could also determine that driving a pole into the sea bed constitutes a point in the U.S., therefore upholding Jones Act authority for point to point commerce. In the end, farm developers may build U.S.

13 Apr 2011

Noncompetitive Wind Lease Offshore Deleware

The Bureau of Ocean Energy Management, Regulation, and Enforcement (BOEMRE) issued a notice stating that it has determined that no competitive interest exists in acquiring a commercial wind lease in the area offshore Delaware. Bluewater Wind Delaware LLC submitted the only valid expression of commercial interest.  BOEMRE will proceed with the noncompetitive lease process for the proposed lease area.  76 Fed. Reg. 20367  (April 12, 2011).   (Source: Bryant’s Maritime News)

30 Sep 2009

SNAME Focused Panel Sessions, 2009 Meeting

The focused panel sessions at the Society of Naval Architects and Engineers (SNAME) Annual Meeting and Expo (October 21-23 at the Rhode Island Convention Center in Providence, Rhode Island) will feature four timely topics: Electric Ships; Renewable Energy from the Oceans; Unmanned and Autonomous Ships of the Future; and Ship Efficiency in the Greenhouse Gas Era. Each two-hour panel session will be chaired and moderated by experienced SNAME members. Each session will have three leading experts who will make thirty minute presentations on their area of expertise, followed by a moderated thirty minute discussion period which will include questions and answers from the audience.

10 Sep 2008

U.S. Offshore Wind Projects Move Closer To Reality

Dow Jones reported that deal making and development in the wind arena continue even as the economy slows down, with the federal government moving ahead to grant leases for the U.S.'s first offshore wind projects in history and other state-based projects moving to the front burner. Comments on federal rules to govern a host of alternative energy projects proposed in federal waters off the coast of the drew about 225 responses by Monday's deadline, as the U.S. Mineral Management Service, or MMS, moves ahead with plans to lease the outer continental shelf to several companies. Maureen Bornholdt, program manager of the MMS offshore alternative energy program, said the Interior Department remains on track to complete drafting the rules by the end of the year, wrapping up a three-year process.

01 Oct 2007

Babcock & Brown to Acquire Bluewater Wind

International investment firm Babcock & Brown (ASX: BNB - News), announced it has entered into a definitive agreement to acquire Bluewater Wind Delaware LLC and its parent holding companies, including Bluewater Offshore Holdings LLC and Bluewater Wind Holdings, LLC, in an effort to expand its portfolio of wind energy projects and contribute to its goal of developing offshore wind. Hunter Armistead, head of Babcock & Brown's North American Energy Development Group added that Bluewater will continue with negotiations with Delmarva Power toward executing a Power Purchase Agreement (PPA), in a process that is being overseen by the Delaware Public Service Commission and three state agencies. [Source: PRNewswire]

19 Oct 2006

Bluewater Wants to Bring Offshore Wind Farm to Del.

Bluewater Wind, a developer of off-shore wind energy, is one of the companies competing for a long-term energy contract with Delmarva Power. Delmarva Power is requesting a proposal for an energy provider to help stabilize the price of energy in the state. Bluewater Wind is one of the companies competing for the contract, along with NRG, which has proposed expanding its coal facility on the Indian River Bay. Delmarva Power will choose an energy company in November. Bluewater Wind is proposing building as many as three wind farms that would generate a total of 600 megawatts of energy. While the price of fuel is free, the price of building the windmills will come to about $800 or $900 million. The University has been studying the wind off the coast of Delaware for 20 years.