Offshore Wind’s Power Grid Costs in States Add to Industry Woes
Nov. 28, 2023
Atlantic Coast states and energy regulators are working to avoid the looming cost of plugging offshore wind into the nation’s power grid as the industry confronts rising inflation and project cancellations.
The push to improve regional power grid planning across the country has grown in recent years as renewable energy requires more transmission lines to deliver electricity to customers. The US power grid is a Balkanized system, with reliability managed by regional transmission organizations in most of the country but energy policy set by state officials.
