Why CT decided to take a temporary pass on offshore wind energy amid decarbonization efforts

Politics and Government Politics and Government

Wed, December 25, 2024

[ Wed, Dec 25th 2024 ] - cnbctv18

PM Modi pays rich tribute to Atal Bihari Vajpayee .. architect of India's transition into 21st centurt

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Tue, December 24, 2024

[ Tue, Dec 24th 2024 ] - Firstpost

Modi pens blog on Vajpayee's birth centenary: 'An alternative world view is possible'

[ Tue, Dec 24th 2024 ] - Newsday

State legislative leaders reject MTA capital plan, intend to include it in budget talks

[ Tue, Dec 24th 2024 ] - Richmond

Feds clear Va. to use $1.48 billion to extend broadband to unserved parts of state

[ Tue, Dec 24th 2024 ] - Newsday

New York State to phase out 'super pollutants,' despite cost concerns

[ Tue, Dec 24th 2024 ] - legit

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[ Tue, Dec 24th 2024 ] - MSN

Why CT decided to take a temporary pass on offshore wind energy amid decarbonization efforts

[ Tue, Dec 24th 2024 ] - Oregonian

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[ Tue, Dec 24th 2024 ] - PBS

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[ Tue, Dec 24th 2024 ] - Slate

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[ Tue, Dec 24th 2024 ] - ABC

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[ Tue, Dec 24th 2024 ] - MSN

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Thu, December 19, 2024

[ Thu, Dec 19th 2024 ] - Dallas Morning News

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[ Thu, Dec 19th 2024 ] - The Daily Signal

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[ Thu, Dec 19th 2024 ] - USA Today

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[ Thu, Dec 19th 2024 ] - The New York Times

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[ Thu, Dec 19th 2024 ] - FOX59 News

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[ Thu, Dec 19th 2024 ] - The New York Times

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[ Thu, Dec 19th 2024 ] - Detroit News

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[ Thu, Dec 19th 2024 ] - USA Today

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[ Thu, Dec 19th 2024 ] - MSN

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[ Thu, Dec 19th 2024 ] - NBC News

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[ Thu, Dec 19th 2024 ] - The Daily Telegraph

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[ Thu, Dec 19th 2024 ] - The Boston Globe

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Why CT decided to take a temporary pass on offshore wind energy amid decarbonization efforts

_{//politics-government.news-articles.net/content/ .. re-wind-energy-amid-decarbonization-efforts.html}
^{Published in Politics and Government on Tuesday, December 24th 2024 at 10:00 GMT by MSN}

After keeping the rest of New England waiting for months, Connecticut has decided to step away from a three-state, offshore energy buy as too expensive and concentrate its decarbonization efforts, at least over the short term,

The article from MSN discusses Connecticut's decision to temporarily halt its pursuit of offshore wind energy projects despite the state's commitment to decarbonization. This decision comes in the wake of several challenges faced by the offshore wind industry, including rising costs due to inflation, supply chain issues, and higher interest rates which have made projects less economically viable. Notably, companies like Orsted, Eversource, and Avangrid have either canceled or renegotiated contracts due to these financial pressures. Connecticut's Department of Energy and Environmental Protection (DEEP) has chosen to wait for more favorable conditions, such as lower interest rates and a more stable supply chain, before moving forward with new offshore wind solicitations. This pause aims to ensure that future projects are both cost-effective and beneficial for ratepayers, aligning with the state's broader environmental goals while managing economic realities.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/politics/government/why-ct-decided-to-take-a-temporary-pass-on-offshore-wind-energy-amid-decarbonization-efforts/ar-AA1wqhIn ]

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