Maryland
Wind company pulls out of power deal with Maryland, but plans to keep developing its Ocean City farm
Offshore wind company Orsted withdrew Thursday from an arrangement with Maryland regulators governing how much it can charge for the power it would generate at its planned Skipjack wind farms.
The company said in its notice to Maryland regulators that it is not ceasing development on its the wind farm, which is planned off the coast of northern Ocean City.
But the company is saying to Maryland regulators and policymakers that the current pricing limit on wind energy is not commercially viable, and it will need to be changed going forward.
Orsted’s decision comes amid widespread financial challenges in the offshore wind industry, fueled by inflation, high interest rates and supply chain pressures.
In October, Orsted abandoned projects off the coast of New Jersey, casting a shadow on the fledgling industry. At the time, Orsted signaled that it may need an adjustment from Maryland regulators in how much it can charge utilities for offshore wind energy credits, called ORECs. Those prices were set several years ago, before economic conditions changed.
“As we explore the best path forward for Skipjack Wind, we anticipate several opportunities and will evaluate each as it becomes available,” said David Hardy, group executive vice president and CEO Americas at Orsted, in a statement. “We will continue to advance Skipjack Wind’s development milestones.”
That includes submitting an updated construction plan to the federal Bureau of Ocean Energy Management, Hardy said. Construction has not begun on either of the two projects planned for the Maryland coast.
The path forward could be complex.
That’s because Maryland law sets a cap on the amount that ratepayers’ bills can increase as a result of wind energy purchases.
With the current arrangement, there isn’t much wiggle room left, according to officials at the Maryland Public Service Commission, which regulates utilities in Maryland.
Some state lawmakers have expressed reluctance to alter that cap. Last year, state legislators passed a bill allowing Maryland to purchase wind energy, thereby using taxpayer dollars rather than ratepayer dollars.
To some legislators, that is seen as a preferred option, since taxes are scaled based on income, whereas power bills are not.
Regardless, Maryland is relying on offshore wind development to meet its ambitious climate goals.
Gov. Wes Moore, a Democrat, has put forward a goal of reaching 100% clean energy statewide by 2035. Moore has embraced a goal of bringing on 8.5 gigawatts of wind power for the state. The two projects planned for off Maryland’s coast so far only account for about 2 gigawatts.
In a statement Thursday, a Moore spokesman said the governor was “disappointed by the news of Orsted’s repositioning of the Skipjack Wind project, an effort that has the capacity to impact the lives of so many Marylanders.”
“However, he will continue to work with legislators, Maryland’s federal partners, offshore wind developers, and advocates that see Maryland’s potential,” Moore said.
The other offshore wind company currently planning a Maryland project, U.S. Wind, is a bit further along. It has received a crucial environmental review from the federal government.
In November, U.S. Wind CEO Jeff Grybowski told The Baltimore Sun that he was expecting to receive final approval for construction in 2024, and to begin building in 2025.
Grybowski said his company was “looking at ways to improve the way the project pencils out,” and that could include an adjustment on the price it can charge for wind energy. But he said at the time that he felt “very confident we’re going to build Maryland’s first offshore wind farm.”
U.S. Wind did not respond immediately to a request for comment Thursday evening.
In a statement, Frederick H. Hoover, the chair of the Maryland Public Service Commission, called Orsted’s decision “disappointing,” but highlighted the U.S. Wind project.
“The Commission remains optimistic about the future of the offshore wind industry in Maryland, and would note that the US Wind project continues to move through the federal approval process,” Hoover said.
Unlike Orsted, U.S. Wind has not made a filing to the PSC requesting similar changes, said Tori Leonard, a spokeswoman for the commission.
Maryland
Afternoon Summertime Storms Across Maryland Today
We’ll see a few afternoon and early evening scattered storms today followed by a drier end to the weekend. Highs today will reach the mid 80s with overnight lows in the upper 60s to lower 70s.
Mainly sunny and drier for the end of the weekend
Sunday is trending drier with lower humidity and a high near 85. Our temperaturs stay warm but comfortable on Monday with afternoon temperatures peaking the mid-80s. The chance of rain remains slim through much of next week.
Hot weather returns to Maryland by midweek
Temperatures start an upward trend beginning Tuesday. By midweek temperatures soar into the mid and upper 90s both Wednesday and Thursday afternoons. Humidity won’t be as bad as the July 4th week but heat indices could still reach near or above 100° during the afternoon hours for a few days. Heat will gradually ease heading into next weekend.
Maryland
Maryland crab prices climb as catches fall
MARYLAND (WBFF) — Art D’Amico remembers when a bushel of crabs cost about $35 in the mid-1970s. Today, the president of the Annapolis Anglers Club pays nearly $400 a bushel — a price he says has climbed by at least $150 in the past five years.
“Everything’s more expensive,” said D’Amico, who has been involved in Chesapeake Bay fishing and crabbing since 1973, adding that he’s never seen crab prices like this before.
The soaring cost reflects more than inflation. Watermen, seafood dealers and economists say higher operating costs, shifting markets and concern about Maryland’s blue crab population are pushing prices higher, making one of the state’s signature summer traditions more expensive. But many Marylanders are still buying crabs, even at record prices.
“It’s definitely not what we’re accustomed to this time of year as far as quantity and price,” said John Ecker, a managing partner of Conrad’s Crabs, which has four locations in Maryland. “I’ve been here for 19 years doing this and, yeah, they’re getting higher.”
Read the full story on The Baltimore Sun.
Maryland
MD woman sentenced to 2 years, $6.8M restitution in multi-million-dollar laundering scheme
MARYLAND (WBFF) — A Maryland woman was sentenced to two years in prison for her involvement in a multi-million-dollar money laundering scheme, the U.S. Attorney’s Office of Maryland announced on Friday.
Fatoumata Boiro, 32, of Largo, will serve two years in prison, followed by two years of supervised release, and has also been ordered to pay $6,838,558.31 in restitution.
Boiro was found guilty of conspiring to engage in a large, multi-member money-laundering operation. She pled guilty to being involved in the conspiracy and acknowledged that at least $3 million was laundered through her direct participation.
From 2021 through February 2024, she and several other individuals laundered proceeds from a significant wire fraud scheme, according to court documents.
Court documents revealed that the conspirators engaged in various financial transactions to conceal the source, ownership, and control of the wire fraud proceeds, as well as their location.
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The victims of this scheme included government agencies, organizations, and companies, such as an environmental trust, an urban redevelopment program, a medical center, a transportation company, a logistics company, a school district, a college, and a county government, officials reported.
Boiro and her co-conspirators created limited liability companies to act as shell entities, opened bank accounts in the names of these entities, and received and laundered funds from fraudulent activities.
Fourteen defendants have been charged in connection with the money-laundering conspiracy, with 13 already pleading guilty.
Officials reported that Faizou Gnora, 28, formerly of Alexandria, Virginia, remains at large.
The following includes the individuals previously sentenced:
- Yahya Sowe, 42, of College Park, to 114 months in prison, followed by three years of supervised release, restitution of $13,050,827.03, and forfeiture of $1 million
- Bright Boateng, 45, of Bladensburg, Maryland, to 108 months in prison, followed by three years of supervised release, restitution of $1,247,950, and a forfeiture of $431,750
- Victor Killen, 33, of Hyattsville, Maryland, to 63 months in prison, followed by three years of supervised release, restitution of $7,070,656.46, and a $3-million forfeiture order
- Gedeon Agbeyome, 31, of Montgomery County, Maryland, to 72 months in federal prison, followed by one year of supervised release, along with restitution of $2,938,424.65, and a $2.8 million preliminary order of forfeiture
- Lawrence Ogunsanwo, 33, to 40 months in federal prison, followed by one year of supervised release, and restitution of $5,648,816.23
- Lakeisha Parker, 33, of Baltimore, to 36 months in federal prison, followed by three years supervised release, and restitution of $8,306,930.95
- Martin Ogisi, 37, of Severn, Maryland, to 33 months in federal prison, followed by one year of supervised release, restitution of $11,077,044.17; and a $500,000 forfeiture order
- Kevin Colon, 34, of Curtis Bay, Maryland, to 27 months in federal prison, followed by two years of supervised release, restitution of $2,515,159.63, and a $214,518.42 forfeiture order
- Areal Harris, 27, of Hanover, Maryland, to 24 months in federal prison, followed by one year of supervised release, and restitution of $3,159,482.83
- Emily Gil Arias, 29, of Silver Spring, Maryland to 24 months in federal prison, followed by one year of supervised release, and restitution of 2,102,919.27
- Lorena Perez Herrera, 29, of Washington, DC, to 24 months in federal prison, followed by one year of supervised release, and restitution of $1,473,125.58
- Blondel Ndjouandjouaka, 31, of Silver Spring, Maryland, to 24 months in federal prison, followed by one year of supervised release, restitution of $733,941.48, and a $757,562.63 forfeiture order.
Now, Boiro will spend the next two years in prison.
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