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New York's offshore wind race gaining speed

A picture from Cathie Associates visit to the US’ first commercial offshore wind farm; Block Island.

January 7 (Renewables Now) - Five developers have expressed their interest in taking part in New York’s first offshore wind solicitation targeting 800 MW of capacity, The Politico reports.

The companies and partnerships that have filed a notice of intent with the New York State Energy Research and Development Authority (NYSERDA) are Bay State Wind LLC, a joint venture (JV) between Denmark’s Ørsted A/S (CPH:ORSTED) and utility Eversource Energy (NYSE:ES); Vineyard Wind LLC, a partnership between Copenhagen Infrastructure Partners (CIP) and Avangrid Renewables LLC; Mayflower Wind Energy, a JV between Shell New Energies and EDP Renewables; Norway’s Equinor ASA (NYSE:EQNR), formerly Statoil; and Atlantic Shores Offshore Wind, which was formed last month by EDF Renewables North America and Shell New Energies.

According to the report, the interested parties hold wind lease areas in federal waters covering 700,000 acres (283,300 ha) in total off the coasts of New Jersey and Massachusetts, which could host up to 7 GW of turbine capacity.

At the time of announcing the solicitation, in November, NYSERDA said it will award 25-year power purchase agreements (PPA) to projects of between 200 MW and 800 MW, while it can contract higher capacity if “sufficiently attractive proposals are received.” Bids are due by February 14, while successful candidates will be announced in the spring.

The competition aims to support the state’s goal for 2,400 MW of offshore wind by 2030.

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Browse all articles from Veselina Petrova

Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.

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