logo
New England grid operator tells Congress offshore wind critical to future power reliability

New England grid operator tells Congress offshore wind critical to future power reliability

Yahoo25-03-2025
Turbines from Dominion Energy's wind project off Virginia Beach. (Photo by Sarah Vogelsong/Virginia Mercury)
The head of New England's energy grid will underscore the importance of offshore wind for the future of the region's power supply during a congressional subcommittee hearing on Tuesday, emphasizing the impact of President Donald Trump administration's early action to halt such efforts.
Thanks to new approaches in transmission system planning and better tools for quantifying risks in a quickly changing system, the short term outlook for New England's energy market and reliability is 'generally favorable,' said Gordon Van Welie, president and chief executive officer of the Independent System Operator of New England, known as ISO-NE.
But, Van Welie also warned of 'serious challenges' ahead.
On his first day in office, Trump issued an executive order for a temporary halt in new or renewed offshore wind leases in all areas of the outer continental shelf. It also included a review of the federal government's leasing and permitting process for existing wind projects.
While Maine Republicans have formally praised the action, even asking the president to go further by stopping all current offshore wind development, Van Welie said those actions have created uncertainty for the region's energy future.
'The region, and the ISO, are counting on the addition of large quantities of offshore wind to maintain resource and energy adequacy,' Van Welie told the House Energy and Commerce Subcommittee on Energy during the discussion on grid reliability.
Offshore wind has been seen as a reliable and abundant source of domestic energy, Van Welie said. Maine alone is aiming to develop 3,000 megawatts of offshore wind in the Gulf of Maine by 2040.
Van Welie said the region will need these new resources to meet growing electricity demand, so it is important to have a policy and regulatory framework that will allow those resources to come online.
Additionally, the on-again, off-again tariffs Trump has imposed on Canada could affect both the price and availability of power in New England. Though it is unclear how the additional tax would apply to electricity, Van Welie said there could be reliability issues if electricity were to stop coming into the region from Canada.
The Natural Resources Council of Maine said Van Welie's comments reinforce how essential offshore wind is for New England's energy future.
'The strong, consistent winds off our coast will provide the large amount of energy we'll need to power the future, while generating thousands of new jobs, protecting wildlife, and stimulating economic development up and down the coast,' said NRCM Climate and Clean Energy Director Jack Shapiro.
As Maine has set clean energy and climate goals, developing offshore wind as a power source has been at the crux of meeting those ambitions. The Governor's Energy Office recently released a technical report showing that while it is possible to meet the state's goal of 100% clean energy by 2040, wind and solar are key components of meeting increased electrification demands from plug-in cars and heating options.
SUPPORT: YOU MAKE OUR WORK POSSIBLE
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Trump's Justice Department is investigating whether DC police officials falsified crime data
Trump's Justice Department is investigating whether DC police officials falsified crime data

Yahoo

time19 minutes ago

  • Yahoo

Trump's Justice Department is investigating whether DC police officials falsified crime data

WASHINGTON (AP) — The Justice Department has opened an investigation into whether police officials in Washington, D.C., have falsified data to make crime rates appear lower than they are, according to a person familiar with the probe who wasn't authorized to publicly discuss an open investigation. The investigation comes amid an escalating — and political — showdown between the Trump administration and the city over control of the police department. It wasn't immediately clear what federal laws could have been violated by the possible manipulation of crime data. President Donald Trump claimed that violent crime in Washington is getting worse as he ordered a federal takeover of the city's police department, flooding the streets with hundreds of National Guard members. But he exaggerated or misstated many facts about public safety in Washington, where crime rates have fallen in recent years. Mayor Muriel Bowser's office declined to comment on the investigation. A spokesperson for U.S. Attorney Jeannine Pirro's office in Washington didn't respond to emails seeking comment. The New York Times was first to report on the investigation. Earlier this year, a Metropolitan Police Department commander suspected of manipulating crime data was placed on paid administrative leave, NBC Washington reported. Bowser told the television station last Tuesday that the city's police chief 'had concerns about one commander, investigated all seven districts and verified that the concern was with one person.' 'So, we are completing that investigation and we don't believe it implicates many cases,' the mayor added. Former interim U.S. Attorney Ed Martin, who was Pirro's predecessor and Trump's first pick to lead the office, said Washington's violent crime had decreased in the first 100 days since Trump returned to the White House in January. In an April 28 news release, Martin's office said MPD data showed that violent crime had dropped by 25 percent since the start of 2025. 'We are proving that strong enforcement and smart policies can make our communities safer,' Martin said in the release. ___ Associated Press writer Matt Brown contributed to this report.

Palo Pinto County Elections Administrator tells commissioners local GOP wants separate primary
Palo Pinto County Elections Administrator tells commissioners local GOP wants separate primary

Yahoo

time19 minutes ago

  • Yahoo

Palo Pinto County Elections Administrator tells commissioners local GOP wants separate primary

PALO PINTO — Elections Administrator Laura Watkins alerted county commissioners on Monday that a local party is exploring holding its 2026 primary separately. Her announcement, during a workshop for next year's budget, prompted Palo Pinto County Judge Shane Long to urge members of both parties to be in touch with their political party leadership. "I think whether Republican or Democrat, you need to be willing to go to your own party meetings to find out what this separate primaries is going to cost," Long said. "The number of polling places is going to be ridiculous. We would be set back 30 years and have to have separate polling places." Watkins later confirmed it was the county Republicans investigating the change, which in addition to cost increases would eliminate the popular countywide voting in which residents vote at any county poll. The county pays up front for party primaries, and the parties reimburse the county for election day and early voting expenses — but the county buys the electronic voting machines. Watson said the state GOP had reimbursed the county for the 2024 election last February. Palo Pinto Republican Chairwoman Barbara Upham did not answer several calls Monday after the county meeting, where the elections administrator revealed more of the GOP call. "They want to hand-count ballots," Watkins said. "It's been well over 30 years since we hand-counted ballots in this county." The wait for hand-counted election results also would return to the pre-electronic voting era, when next-day results were common in Texas. "I pray it goes away," she said. "But this is the reality. So if you can't get your totals for five or six days, just be ready." Losing the joint-party option, she told the court, would create the need for more polling sites and voting machines. "Just the voting machines themselves are close to $5,000 apiece," Watson said. "So, you're looking at a big undertaking that we have not had in years." She said Hart InterCivic, which makes the machines the county uses, does not have the inventory to loan equipment to the county but was willing to sell machines. "So who's really pushing this?" Precinct 4 Commissioner Jeff Fryer asked Watson. "Somebody spoke to the party last week, and there's somebody from Tarrant County that has, you know..." she said, not finishing her sentence. The change also would lead to many voters showing up at the wrong site, she said. "We're going to be turning people away and telling them to go someplace else," Watson said, adding those people will blame the county. "It doesn't matter if I say all day, talk to your Republican Party chair." Monday's budget work session brought good news for some county employees, as Sheriff J.R. Patterson successfully pitched a $1.02 hourly raise for his dispatchers beyond the 5% countywide pay increase. Patterson has six in his communications department plus a supervisor. He said their assignment is unique in being tied to their chair. "They sit there 12 hours and have to catch somebody walking by to get a bathroom break," the sheriff said, adding each is licensed and has 500 hours of training. County Auditor Melissa Mahan said the $1.02 raise would bring that pay category from $75,000 to $77,000. The communications office already was budgeted for its first major renovation in decades, and Patterson said he would "whittle down" that expense if it helped secure the pay raise. "I can forego something in order to get the girls taken care of," he said. "I've just got to be frugal with it." Solve the daily Crossword

Trump's 401(k) move could unlock billions for crypto, says Reserve Exec
Trump's 401(k) move could unlock billions for crypto, says Reserve Exec

Yahoo

time19 minutes ago

  • Yahoo

Trump's 401(k) move could unlock billions for crypto, says Reserve Exec

Trump's 401(k) move could unlock billions for crypto, says Reserve Exec originally appeared on TheStreet. Thomas Mattimore, co-founder of Reserve, says President Donald Trump's recent executive order opening 401(k) plans to alternative assets marks a watershed moment for innovation — with crypto standing to benefit. Reserve is a permissionless platform enabling anyone to launch, mint, and govern on-chain crypto indexes — called Decentralized Token Folios (DTFs) — that function like ETFs but with full transparency and 24/7 redemption.'This isn't just a pro crypto change, but it's a pro innovation change,' Mattimore said in an interview with TheStreet Roundtable. 'For a huge swath of the population who uses 401(k)s as their savings mechanism, they've been very limited. Crypto is the fastest growing asset, best performing asset of anything in the last decade.' Accessibility and new products Until now, most Americans have only accessed crypto through exchanges or exchange-traded funds. Mattimore said the new order could quickly expand that landscape. 'There's actually only one 401(k) provider that gives people access to native crypto assets today,' he said. 'This executive order is taking the stigma off of crypto as opposed to encouraging it.' He expects that index-style products will dominate retirement accounts, mirroring traditional markets. 'For the last 30 plus years we've seen an explosion in index investing, specifically ETFs,' Mattimore said. 'I expect that it's going to be the same for crypto over time. At Reserve, we're building DTFs, which are like ETFs in crypto.' Standards and scale Mattimore pointed to encouraging signals from regulators. 'We've seen and heard a lot from the SEC this year encouraging transparency and encouraging good acting from various different players in the space,' he said. 'For something like retirement accounts, transparency and the trustability so that people can actually understand what they're getting into is critical.' On yield-bearing products, Mattimore argued it's only a matter of time. 'Offering exposure to crypto assets without some of the staking or without some of the underlying yield just wouldn't make sense,' he said. Looking at the bigger picture, Mattimore said the inflows could be massive. 'The estimate on the size of the 401(k) accounts is seven and a half to eight trillion,' he said. 'One percent of 8 trillion is still $80 billion. That would still be quite a bit of inflows.' Ultimately, he views the policy as a turning point. 'This executive order is really removing the stigma from enabling people to get involved in this innovative sector,' Mattimore said. 'I'm really excited for rule-based index investing to come to the crypto space.' Trump's 401(k) move could unlock billions for crypto, says Reserve Exec first appeared on TheStreet on Aug 19, 2025 This story was originally reported by TheStreet on Aug 19, 2025, where it first appeared.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store