{"id":1004339666,"date":"2019-07-19T02:12:45","date_gmt":"2019-07-19T10:12:45","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004339666"},"modified":"2019-07-19T02:19:41","modified_gmt":"2019-07-19T10:19:41","slug":"nations-largest-offshore-wind-agreement-winners","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/nations-largest-offshore-wind-agreement-winners\/","title":{"rendered":"Nation\u2019s Largest Offshore Wind Agreement Winners"},"content":{"rendered":"

Governor Cuomo, joined by former Vice President Al Gore, has executed the nation\u2019s largest offshore wind agreement and the single largest renewable energy procurement by any state in the U.S. history\u2014nearly 1,700 megawatts\u2014with the selection of two offshore wind projects. In addition, he also signed the Climate Leadership and Community Protection Act.<\/p>\n

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READ ALSO:<\/strong> New York Passes Climate Leadership and Community Protection Act<\/a><\/p>\n

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The winners of New York\u2019s first comprehensive offshore wind solicitation are the Empire Wind and Sunrise Wind development projects of Equinor and Bay State Wind, and a joint venture of \u00d8rsted and Eversource Energy, respectively. Combined, the projects will total 1,700 megawatts, enough to power more than one million New York homes and support more than 1,600 jobs with a combined economic activity of $3.2 billion statewide. While the wind parks are slated to enter commercial operation by 2024, the state\u2019s renewable energy and climate goals total 9,000 megawatts of offshore wind by 2035.<\/p>\n

Empire wind<\/h2>\n
\"\"<\/a>

Dudgeon Offshore Wind Farm. Photographer: Jan Arne Wold. Image courtesy of Equinor<\/em><\/p><\/div>\n

Two years ago, Equinor secured an 80,000-acre lease in the New York Bight for Empire Wind. Now the company has been selected to negotiate a long-term contract with the New York State Energy Research and Development Authority for offshore wind renewable energy certificates (ORECs). The award remains subject to the execution of the OREC purchase and sale agreement.<\/p>\n

The project, which will be the biggest wind farm under contract in Equinor\u2019s portfolio so far, will total 816 megawatts and is expected to be developed with 60 \u2013 80 wind turbines, with an installed capacity of more than 10 megawatts each. The project\u2019s proposed interconnection point is at Con Edison\u2019s Gowanus substation. Some 800 local jobs<\/a> will be created during construction and operation, including through the creation of locally manufactured turbine foundations. Construction is expected to begin in 2022.<\/p>\n

Equinor will also invest more than $60 million in port upgrades in New York that will support future offshore wind projects and strengthen the state\u2019s position as a hub for offshore wind. Furthermore, the company will commit at least $4.5 million to community benefits and workforce development, which will support the goals of New York\u2019s National Offshore Wind Training Institute and Community and Workforce Benefits Fund.<\/p>\n

Sunrise wind<\/h2>\n
\"\"<\/a>

Block Island Wind Farm run by 5 GE Haliade 150-6MW turbines. Image courtesy of \u00d8rsted<\/em><\/p><\/div>\n

The 880-megawatt wind park is a 50-50 partnership between \u00d8rsted and New England\u2019s Eversource and will be built 30 miles east of Montauk Point, Long Island, adjacent to Eversource and \u00d8rsted\u2019s South Fork Wind Farm and Revolution Wind projects<\/a>. Siemens Gamesa will supply the turbines for the entire 1.7-gigawatt portfolio the joint venture has announced in the Northeast region. The construction phase is anticipated to begin in 2022.<\/p>\n

The wind facility will create another 800 jobs during development, construction and operation, and will also enter negotiations with New York State contractors and trade labor organizations on a Project Labor Agreement to cover activities for the facility. Moreover, the project owners have entered into a Memorandum of Understanding with New York\u2019s transmission developers, Con Edison Transmission and the New York Power Authority, which will support the development of the transmission facilities needed to deliver the offshore wind energy to the electric transmission grid. The project’s planned interconnection point is the Holbrook and West-Bus substations in the town of Brookhaven within the Long Island Power Authority’s service territory.<\/p>\n

Sunrise Wind is anticipated to bring strong investment to Suffolk County, Long Island. \u00d8rsted and Eversource have committed to invest $10 million to create a National Workforce Training Center in partnership with Suffolk County Community College and labor unions. This investment will add to the goals of New York\u2019s National Offshore Wind Training Institute and Community and Workforce Benefits Fund, too.<\/p>\n

The two companies will also build a new Operation and Maintenance hub in the greater Port Jefferson area, which will include dockage for a 250-foot service operation vessel, with a warehouse and office facility to be located in the vicinity. Construction and operation of the O&M Hub are expected to create more than 100 new full-time jobs in the state.<\/p>\n

Clean energy future<\/h2>\n

New York has awarded a total of approximately 4,700 megawatts of new large-scale renewable energy contracts since March 2018 through three separate solicitations. Collectively, these projects will provide enough renewable energy to power up to two million households and meet nearly 10 percent of New York\u2019s electricity needs by 2025.<\/p>\n

The CLCPA requires the State to achieve a carbon-free electricity system by 2040, mandating that at least 70 percent of New York\u2019s electricity come from renewable energy sources such as wind and solar by 2030. The policy also requires reducing greenhouse gas emissions 85 percent below 1990 levels by 2050 with an interim mandate of 40 percent reduction in emissions by 2030.<\/p>\n","protected":false},"excerpt":{"rendered":"

Empire Wind and Sunrise Wind development projects of Equinor, as well as Bay State Wind\u2014a joint venture of \u00d8rsted and Eversource Energy\u2014are slated for completion by 2024.<\/p>\n","protected":false},"author":237,"featured_media":1004339402,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21748,1600,21742,10,21786],"tags":[43181,35499,43802,44849,44225,42605,42059],"class_list":["post-1004339666","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-industrial","category-new-york","category-latest","category-northeast","category-sustainability","tag-equinor","tag-eversource","tag-governor-cuomo","tag-new-york-power-authority","tag-new-york-state-energy-research-and-development-authority","tag-offshore-wind-power","tag-orsted"],"acf":[],"yoast_head":"\nNation\u2019s Largest Offshore Wind Agreement Winners - 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