USA

US offshore wind is beset by economic challenges, but this shouldn’t blind the sector to the potential for incorporating green hydrogen production into project plans

Attendees at 'Financing Wind Offshore' in Boston last week were quietly optimistic, even though the Biden administration's target of 30GW installed offshore wind by 2030 now looks out of reach. That positivity will be needed in the year ahead.

The cost of living crisis means more people are considering going off-grid, and a new study shows that energy storage could enable two million family homes in Europe to do just that

Opportunities for developers in the US are plentiful after the Inflation Reduction Act, but the challenges are growing too. We spoke to one developer, Bluestar Energy Capital, about its diversification plans.

The US Department of Energy is set to invest $7bn in seven regional hubs for green hydrogen development, to unlock total investment of $50bn. This has also given a major boost to serial winners including Air Liquide, GTI Energy and Plug Power.

A lack of consensus on the optimal storage technology is acting as a 'barrier to growth' of the sector, here Tamarindo's Energy Storage Report identifies the storage technologies expected to substantially increase market share by the end of the decade

New York has rejected calls from the developers of four offshore wind and 86 other renewables projects to boost PPA prices. This puts the US offshore wind industry in a perilous position ahead of our Financing Wind Offshore conference, but a new 4GW tender could offer a way forward.

The world's five largest BESS integrators have been revealed - now the battle for market share will intensify, with supply chain challenges, perceptions of fire risk, and records on safety all set to influence future success

Political parties in the US, UK and Europe are starting to ready themselves for major elections in 2024, and stories from the last two weeks show that the climate and support for renewable energy could feature heavily.

The US Navy & Department of Defense recently announced storage investments totalling $100m as utilities begin relying on the military to bail them out in times of crisis

The ample solar resources in the US west mean opportunities for solar arbitrage abound, with the result that storage investors can expect excellent returns on investment

Ørsted has announced $2.3bn potential impairments at its US offshore wind projects, while RWE won an underwhelming seabed leasing auction in the Gulf of Mexico. We look at the current challenges facing developers in the US offshore market.