Norway’s Ørsted and Eversource, a New England residential energy provider, submitted a joint proposal for a third clean energy wind farm offshore New York State, Ørsted said in a Jan. 26 press release.
The joint venture project will deliver clean energy power to one million homes in New York, create thousands of jobs and generate billions of dollars for the state’s economy.
“We’re committed to developing projects that will create good-paying jobs, build up local communities, and generate clean, affordable energy to fight climate change,” said David Hardy, group executive vice president and CEO Americas at Ørsted. “We’re confident this new proposal offers statewide, comprehensive offshore wind solutions and integrated clean energy innovation for New York, a state where we already have two advanced projects and have invested in supply chain development, workforce training and O&M [operations and maintenance] capabilities.”
Ørsted and Eversource have partnered since 2016 to build a U.S. offshore wind supply chain.
The companies are currently building New York’s first offshore wind farm—South Fork Wind—which will be operational in 2023 with a capacity of 130 megawatts (MW), in addition to Sunrise Wind, set to begin operations in 2025 with a 924 MW capacity.
This is New York’s third round of offshore wind solicitations, which in July called for a minimum of 2,000 MW to power an additional 1.5 million homes. The state has already committed $500 million in investments for offshore wind ports, supply chain infrastructure and manufacturing to develop a series of offshore wind projects.
The wind projects progress New York’s Climate Act, which mandates 70% of the state’s electricity to be sourced from renewable energy by 2030, includingat least 9,000 MW of offshore wind by 2035.
Recommended Reading
PrairieSky Adds $6.4MM in Mannville Royalty Interests, Reduces Debt
2024-04-23 - PrairieSky Royalty said the acquisition was funded with excess earnings from the CA$83 million (US$60.75 million) generated from operations.
JMR Services, A-Plus P&A to Merge Companies
2024-03-05 - The combined organization will operate under JMR Services and aims to become the largest pure-play plug and abandonment company in the nation.
New Fortress Energy Sells Two Power Plants to Puerto Rico
2024-03-18 - New Fortress Energy sold two power plants to the Puerto Rico Electric Power Authority to provide cleaner and lower cost energy to the island.
SilverBow Rejects Kimmeridge’s Latest Offer, ‘Sets the Record Straight’
2024-03-28 - In a letter to SilverBow shareholders, the E&P said Kimmeridge’s offer “substantially undervalues SilverBow” and that Kimmeridge’s own South Texas gas asset values are “overstated.”
Laredo Oil Subsidiary, Erehwon Enter Into Drilling Agreement with Texakoma
2024-03-14 - The agreement with Lustre Oil and Erehwon Oil & Gas would allow Texakoma to participate in the development of 7,375 net acres of mineral rights in Valley County, Montana.