Industry and IBEW News

BP and JERA's joint venture JERA Nex BP is withdrawing from the US offshore wind market and halting investment in the Beacon Wind project off Massachusetts, citing unfavorable market conditions. All US-based team members will be laid off in coming months, though the company will maintain the Beacon lease for potential future development. Source: offshorewind.biz
US offshore wind faces a 56% decrease in development by 2035 with $114 billion in investments canceled or delayed due to administration policies including a temporary leasing moratorium, 50% tariffs on turbine parts, and early termination of tax credits. Only seven wind farms remain operational or under construction on the East Coast, far short of the Biden administration's original goals. Source: e360.yale.edu
Nearly 6,000 tradeswomen gathered in Chicago for the 15th Annual Tradeswomen Build Nations conference, with IBEW representing over 800 members including 26 from Local 11. The event featured workshops on empowerment and leadership, highlighting growing programs like EMPOWER and the first-ever All-Women's Veteran Electrical Entry Program Pre-Apprenticeship class. Source: ibew11.org
Connecticut faces significant uncertainty planning its energy future as the Trump administration eliminates federal tax credits for wind and solar, halts offshore wind development, and issues stop-work orders for projects already under construction. State officials are grappling with how to meet clean energy goals while ensuring grid reliability, with DEEP Commissioner Katie Dykes acknowledging natural gas and oil may need to remain part of the solution longer than planned. Source: ctmirror.org
Seven Connecticut technical high schools are slated to receive solar installations through a collaboration with the Connecticut Green Bank, delivering 4.6 megawatts of clean energy and $5.9 million in lifetime cost savings. The projects will include workforce development components offering classroom and onsite education to students, with a groundbreaking event scheduled for October 29 at Howell Cheney Technical High School in Manchester. Source: yahoo.com