Michael L. Nealy, Business Manager
Around the Local
After the administration discontinued NOAA's billion-dollar disaster database in May 2025, Climate Central revived it under the leadership of former NOAA scientist Adam Smith. The database has tracked 417 weather and climate disasters totaling over $3 trillion since 1980, with 14 billion-dollar disasters occurring in the first six months of 2025 alone. Source: time.com
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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
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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
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Hartford's PeoplesBank Arena officially reopened following a major renovation aimed at transforming the downtown venue into a modern sports and entertainment hub. Upgrades include new seating, premium suites, enhanced rigging capabilities, and improved concourse technology, with Stevie Nicks headlining the first concert on Saturday. Source: hartfordbusiness.com
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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
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