May 26 (Renewables Now) - US Wind Inc and Deepwater Wind have accepted the conditions set forward by the Maryland Public Service Commission (PUC) for awarding them offshore wind renewable energy credits (ORECs).
The ORECs will be generated by a 248-MW wind park developed by US Wind and a 120-MW wind farm by Deepwater Wind’s Skipjack Offshore Energy LLC in state waters.
Each developer had to notify the PUC by May 25 whether it accepts the nearly 30 conditions of approval. These included, among others, a requirement to use local port facilities, to invest in port upgrades and local steel fabrication capacity, and to create at least 4,977 direct jobs during the development, construction and operation of the projects.
US Wind’s power plant at sea is to start work in January 2020. The Baltimore Sun cited Paul Rich, head of project development, as saying that US Wind will now be working to secure project financing and prepare its construction permit applications.
The Deepwater Wind park is to become operational in November 2022. The latter company is also the developer of the US’ first operational offshore wind park -- the 30-MW Block Island plant off the coast of Rhode Island, completed last year.
According to the Global Wind Energy Council (GWEC), offshore wind globally reached nearly 14.4 GW of installed capacity at the end of 2016. The UK and Germany are the leaders with 5.2 GW and 4.1 GW installed, respectively.