Equinor confirms bid in New York's 800-MW offshore wind tender

Offshore wind farm. Image Source: Equinor

February 14 (Renewables Now) - Norwegian energy major Equinor ASA (NYSE:EQNR) today confirmed that it is participating in New York state’s first solicitation for large-scale offshore wind capacity with its Empire Wind lease site.

The company in December 2016 secured an 80,000-acre lease in the New York Bight. An offshore wind complex with a capacity of up to 2 GW could be built there, Equinor said.

Today was the deadline for bids in the 800-MW New York State Offshore Wind Power Procurement. The New York State Energy Research and Development Authority (NYSERDA), which launched the solicitation in November 2018, will award 25-year power purchase agreements (PPA) to projects of between 200 MW and 800 MW, while it could contract even more if “sufficiently attractive proposals are received.”  The successful candidates will be announced in the spring.

Equinor said it has already undertaken “considerable work" for the offshore wind project in New York, including a study of the seabed conditions, grid connection options and wind resources. It recently deployed a floating LiDAR to measure the speed and direction of wind at the site, wave conditions and other factors.

“Over the life of the project, Empire Wind will generate savings of around 1 billion dollars in reduced wholesale energy costs in New York,” Equinor says in today’s press release.

Equinor is also developing an offshore wind project in the Boardwalk Wind lease area near New Jersey, for which it bid in that state’s offshore wind solicitation in December. At the end of 2018 it also secured a 128,000 acre site offshore Massachusetts.

More stories to explore
Share this story
About the author
Browse all articles from Tsvetomira Tsanova

Tsvet has been following the development of the global renewable energy industry for almost nine years. She's got a soft spot for emerging markets.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription