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Thursday, March 28, 2024
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New Jersey News

27 Mar 2024

New England Offshore Wind Auction Draws Multiple Bidders

© Fokke Baarssen / Adobe Stock

Several offshore wind developers bid in a combined Connecticut-Massachusetts-Rhode Island offshore wind solicitation on Wednesday, including units of European energy firms Iberdrola and Orsted.The U.S. offshore wind industry is booming so far this year, with several projects in various stages of development and construction, after a disastrous 2023 of developers cancelling contracts and taking roughly $9.1 billion in write-offs and impairments on U.S. projects.So far, Avangrid…

26 Mar 2024

Bridge Collapse Freezes Ship Traffic in Port of Baltimore

(Photo: David Adams / U.S. Army Corps of Engineers)

Ships sailing to the U.S. port of Baltimore dropped anchor in waters nearby while vessels were stranded inside the port after traffic was halted following a bridge collapse, shipping data showed on Tuesday.A 948-foot container ship smashed into a four-lane bridge in the port in darkness early on Tuesday, causing it to collapse and sending cars and people plunging into the river below.Port traffic was suspended until further notice, Maryland transportation authorities said.At least 13 vessels that were expected to load coal were anchored near to Baltimore port…

26 Mar 2024

US Approves Orsted's Sunrise Wind Offshore Wind Farm

© chungking / Adobe Stock

The Biden administration on Tuesday gave final approval to Orsted and Eversource's Sunrise Wind offshore wind facility, which is expected to provide power to more than 320,000 homes in New York.The announcement was the latest positive development for the project, which Denmark's Orsted warned just months ago could fail without a new contract that would cover soaring costs for equipment and financing.Orsted and Eversource said separately that they had taken a final investment decision…

26 Mar 2024

Baltimore Bridge Collapse Could Disrupt Supply Chain -Xeneta

Collapsed Key Bridge in Baltimore (Credit: Screeshot/StreamTime Live)

The containership allision that caused the collapse of the Francis Scott Key Bridge in Baltimore could cause "significant disruption" to shipping supply chains, according to industry analyst Xeneta.The 10,000 TEU Singapore-flagged Dali was operating on a 2M alliance service between Baltimore and the Far East when it struck the bridge around 1:35 a.m. on Tuesday, sending cars and people plunging into the river below."The immediate focus is the rescue operation, but there will clearly…

17 Mar 2024

BOEM Starts Environmental Review of Proposed Wind Project off New Jersey

Source: BOEM

The Bureau of Ocean Energy Management (BOEM) will initiate the environmental review of a proposed wind energy project offshore New Jersey.At its closest point, the approximately 81,129-acre lease area, OCS-A 0549, known as Atlantic Shores North, is located 8.4 miles from the New Jersey coast and approximately 60 miles from New York.The Atlantic Shores’ proposal currently includes installation of up to 157 wind turbine generators, eight offshore substations, one permanent meteorological tower, and two temporary metocean buoys - for a total of up to 168 offshore structures.

13 Mar 2024

MARAD Announces $500 Million in Funding for Port Infrastructure

© trekandphoto / Adobe Stock

As a part of President Biden’s Investing in America agenda, the U.S. Department of Transportation’s Maritime Administration (MARAD) published a Notice of Funding Opportunity (NOFO) for $500 million in Federal Fiscal Year 2024 funding through MARAD’s Port Infrastructure Development Program (PIDP).Investments made under the PIDP focus on modernizing the Nation’s coastal and inland waterway ports as well as strengthening its supply chains and economic security for generations to come.

29 Feb 2024

Virginia-Class Submarine New Jersey (SSN 796) Completes Initial Sea Trials

(Photo: HII)

HII on Thursday announced its Newport News Shipbuilding division has completed initial sea trials for Virginia-class attack submarine New Jersey (SSN 796). New Jersey spent several days at sea to test the boat’s systems and components.Testing included submerging the submarine for the first time and conducting high-speed maneuvers while on the surface and submerged. NNS teams will continue the testing program ahead of delivering the boat to the U.S. Navy.“Taking New Jersey out for the first time is a significant milestone and the first major test of the submarine’s capabilities at sea…

26 Feb 2024

Will 2024 Settle the Turbulence of US Offshore Wind?

(Photo: Avangrid)

There is no denying that 2023 was a challenging year for the U.S. offshore wind market. Citing macroeconomic factors including high inflation, rising interest rates, and supply chain bottlenecks, Ørsted announced on October 31 that they were ceasing the development of the Ocean Wind 1 and Ocean Wind 2 projects, which were scheduled for construction off the coast of New Jersey. Unfortunately, the troubling news has continued into the new year, with Equinor and BP announcing on…

15 Feb 2024

US Issues Clean Air Permit to Empire Offshore Wind Project

Source: Empire Wind

The U.S. Environmental Protection Agency (EPA) on Thursday, granted a Clean Air Act permit to New York's Empire Offshore Wind owned by Equinor.The permit was given after an air quality analysis showed federal air quality standards would not be compromised during construction and operation of the project, the agency said."When built, this project is expected to generate more than 2,000 megawatts of electrical power for New York State – enough to power as many as a million homes,” said Regional Administrator Lisa F.

13 Feb 2024

US Finalizes Two Offshore Wind Energy Areas in Oregon

BOEM has designated two final Wind Energy Areas (WEAs) off the Oregon coast, the Coos Bay WEA is 61,204 acres and  located approximately 32 miles (mi) from shore. The Brookings WEA is 133,808 acres and  approximately 18 mi off the coast. If fully developed, the Final WEAs could support 2.4 GW of energy production. (Image: BOEM)

The Bureau of Ocean Energy Management (BOEM) on Tuesday finalized two wind energy areas (WEAs) in the offshore Oregon region, aligning with government goals to deploy 30 gigawatts of offshore wind power along U.S. coastlines this decade to fight climate change.The two WEAs, Coos Bay WEA and Brookings WEA, are spread across 195,012 acres (78,919 hectares) and "the department continues to take steps to evolve its approach to offshore wind to drive towards union-built projects and a domestic-based supply chain," said the agency, which is part of the U.S.

08 Feb 2024

Insights: Blake Powell, JMS Naval Architects

Blake Powell, President, JMS Naval Architects (Photo: JMS Naval Architects)

Blake Powell, president at JMS Naval Architects, discusses his career, company and latest trends in naval architecture and marine engineering.Please give a brief professional bio, including education, experience and overview of current duties as president of JMS Naval Architects.I earned my degree in Naval Architecture from the University of California, Berkeley where I attended on a Navy ROTC scholarship and was commissioned as a Diving and Salvage Officer after I graduated.

24 Jan 2024

New Jersey Approves Two Giant Offshore Wind Power Projects

© Global Image Archive / Adobe Stock

New Jersey's utility regulator on Wednesday approved two offshore wind power projects with a combined capacity of 3,742-megawatts (MW) whose backers include Invenergy and TotalEnergies.The offshore wind industry is expected to play a major role in helping several states and U.S. President Joe Biden meet goals to decarbonize the power grid and combat climate change.But progress was slow last year after offshore developers canceled contracts to sell power in Massachusetts, Connecticut and New Jersey…

19 Jan 2024

US Plugs in First Large Offshore Wind Farm as Developers Play Catch-up

(A GE Haliade-X turbine stands in the Vineyard Wind 1 project area south of Martha’s Vineyard. (Photo: Worldview Films, courtesy Vineyard Offshore)

The U.S. offshore wind industry reached an important milestone on January 2 when Vineyard Wind 1, the country’s first large scale project, supplied first power to the Massachusetts grid.“As the nation’s first utility-scale offshore wind farm this is a fairly momentous event,” Ken Kimmell, Chief Development Officer for Avangrid, the Iberdrola subsidiary co-developing the project with Copenhagen Infrastructure Partners (CIP), told Reuters Events.The turbine will be joined by 61 additional turbines to provide 806 MW of power to the grid by the end of the year…

11 Jan 2024

Rebuilding the Foundations of US Offshore Wind

© Fokke Baarssen / Adobe Stock

As we enter a New Year, the memories of the shocks to the foundations to the U.S. offshore wind segment remain fresh. In short, supply chain inflation and capacity/availability, interest rate increases, and tax credit monetization have been the key themes highlighted by developers to explain why many projects became commercially unviable.Several Northeast and Mid-Atlantic states have reacted rapidly, accepting the termination of power sales & purchase agreements and allowing the canceled projects to be rebid into new solicitations.

03 Jan 2024

Equinor, BP Cancel Contract to Sell Offshore Wind Power to New York

© nblxer / Adobe Stock

European energy firms Equinor and BP  terminated their agreement to sell power to New York state from their proposed Empire Wind 2 offshore wind farm, citing rising inflation, higher borrowing costs, and supply chain issues."This agreement reflects changed economic circumstances on an industry-wide scale and repositions an already mature project to continue development in anticipation of new offtake opportunities," Equinor said in a statement on Wednesday, in an apparent reference…

28 Dec 2023

Great Lakes Bags $173.7 Million in New Dredging Contracts

File photo: Great Lakes' hopper dredge Padre Island in Galveston Channel in August 2023. (Credit: Luke Waack / U.S. Army Corps of Engineers)

Great Lakes Dredge & Dock Corporation on Thursday announced the receipt of five dredging contracts totaling $173.7 million. The projects are in Texas, New Jersey, Florida and Louisiana.The Sabine-Neches Waterway Channel Improvement Project-Phase 1 (Capital, Texas, $62.8 million) includes dredging for channel deepening along the Sabine-Neches Waterway from Sabine Bank Channel to Sabine Pass Channel. The construction of the Sabine-Neches Waterway will generate widespread economic benefits for Southeast Texas…

26 Dec 2023

US Offshore Wind Poised for 2024 Success After Turbulent 2023

© Cavan / Adobe Stock

The U.S. offshore wind industry is eying a brighter 2024, with work expected to start on several projects following a year marked by stalled developments and billions of dollars in write-offs.The offshore wind industry is expected to play a major role in helping several states and U.S. President Joe Biden meet goals to decarbonize the power grid and combat climate change.But progress slowed in 2023 after offshore developers canceled contracts to sell power in Massachusetts, Connecticut and New Jersey…

20 Dec 2023

$73.77 Million Grant a Boost for Port NOLA & Inland Waterway Shipping

(Image: Port NOLA)

The Port of New Orleans (Port NOLA) will receive $73.77 million from the federal government to assist in building the Louisiana International Terminal (LIT) project, which will provide a gateway for cargo movement on U.S. inland waterways including the Mississippi River.The U.S. Department of Transportation has alerted Congress that it intends to award this funding through its MEGA Grant Program, which will support the first phase of the overall $1.8 billion project’s construction and is in addition to significant funding commitments from private industry partners and Port NOLA.

09 Dec 2023

Oil Sample Lab Results Help ID Responsible Party

In 2019 crew conduct a shore cleanup at Jacob Riis Park Beach in New York, cleaning up tar balls reported on the beach. (U.S Coast Guard photo by Petty Officer 3rd Class Ryan Dickinson)

The unified command consisting of the Coast Guard, New York State Department of Environmental Conservation, New Jersey Department of Environmental Protection, New York City Department of Environmental Protection, New York City Office of Emergency Management, and Monmouth County Department of Health, received oil sample lab results from the Coast Guard Marine Safety Laboratory Friday, linking together oil spill cleanup efforts in both New York and New Jersey.Vane Brothers Company, as represented by Gallagher Marine Systems, has been identified as the responsible party.

30 Nov 2023

New York Launches Offshore Wind Solicitation

© Karolis / Adobe Stock

New York released a new offshore wind solicitation on Thursday to keep the state on track to meet its renewable energy goals and support a nascent industry that has faced financial trouble in recent months.Offshore wind is expected to play a major role in New York's plan to reduce carbon emissions by getting 70% of the state's electricity from renewable sources by 2030. It is also a pillar of President Joe Biden's plan to decarbonize the U.S. power grid and combat climate change.The state said it is supporting the development of 9…

21 Nov 2023

US Approves Equinor and BP's Empire Wind Offshore Project

© nblxer / Adobe Stock

The U.S. Department of the Interior on Thursday approved the Empire Wind offshore project, owned by Equinor and BP, the sixth commercial-scale wind farm to be greenlit under President Joe Biden's administration.Empire Wind is among several offshore wind projects facing construction and financing cost blowouts that the troubled industry says would not be covered by existing power sales contracts, but it could be helped by a new auction planned by New York state.Along with Danish counterpart Orsted, Equinor and BP have taken a combined $5 billion of writedowns on U.S.

06 Nov 2023

White House Says Orsted Remains 'Committed' to US Offshore Wind

© Dragon Claws / Adobe Stock

Denmark's Orsted is still "committed" to developing offshore wind farms in the United States despite the company's cancellation of two projects off the coast of New Jersey, White House senior advisor John Podesta told Reuters on Monday.Podesta spoke with the company after its shock decision last week, he said in an interview. The discussion underscores the Biden administration's keen interest in offshore wind to further the nation's climate change goals by adding zero-emissions power generation."Orsted is moving forward with one of its projects here. I think they remain committed to the U.S.

06 Nov 2023

Ship Shortage Dealt Death Blow to Orsted's New Jersey Offshore Wind Hopes

Credit: Ian Dybal/AdobeStock

Danish energy firm Orsted's shock decision to cancel two offshore wind farms off New Jersey this week was based in large part on big delays securing the ship it needed to build the project, company officials said.The world's biggest offshore wind farm company on Tuesday said it would cease all development on the Ocean Wind projects even as it moves forward with developments off neighboring New York, triggering an angry response from New Jersey Governor Phil Murphy.The decision…