Energy industry

Two major state-backed offshore wind farm projects in New Jersey were canceled by Ørsted, which cited growing impairments and sustained marketplace pressures.

The Gulf of Maine offers "significant opportunities" for offshore wind energy development, federal authorities announced. That's good news for state officials hoping to tap the technology's potential to meet green energy goals.

The district plans an aggressive capital program in the next few years to meet rising demand and transition away from coal-fired plants.

Healthcare and transportation had the biggest contraction in issuance volume.

The board named Jamie Asbury, the district's energy manager, to the top slot after an eight-month search.

Over the next few months, the state will be crafting regulations for a carbon emissions bill it hopes will provide an additional revenue source to help smooth some of the state's economic volatility.

The state, burdened with volatile revenue streams because of its dependence on natural resources, has lower ratings from Fitch, Moody's and S&P .

Energy-producing states are riding out oil and natural gas price swings that affect severance tax collections.

The clarifications are predicted to boost bond issuance .

The state-supported deal with Ørsted for a $1.6 billion wind farm off of Atlantic City's Coast is awaiting federal Record of Decision this summer.

The watchdog would have the power to subpoena data from oil companies.

The federal government has set aside $12 billion to help rebuild Puerto Rico's grid. If used effectively to rebuild a greener and more resilient grid, this federal lifeline can be a substantial downpayment toward affordable, reliable, cleaner energy for Puerto Ricans.

The Chamber of Commerce added Sen. Nancy Skinner's bill codifying the governor's proposal on oil companies to its 2023 job killer list.

The transportation bond sector may see the greatest growth in 2023 as a result of the infrastructure act, one analyst said.

Recent federal legislation marks the largest investment in carbon management in the history of the U.S., which is already a global leader in the space.

The Puerto Rico Oversight Board says PREPA electric demand will decline 50% by 2051.

The lawsuit comes as higher education energy concessions have become one of the most active spaces in the P3 market.

Gov. Phil Murphy is behind the push for the Garden State to develop offshore wind power, ramping up from 3,500 megawatts by 2030 to 11,000 megawatts by 2040.

Arkansas, Louisiana, and Oklahoma will submit an application to the U.S. Department of Energy for their HALO Hub, which involves public-private partnerships.

Oil and natural gas-related taxes and payments are driving projected increases in the state's general fund and stirring concerns about a future revenue drop.