Ørsted Tapped for Connecticut Offshore Wind Farm

Monday, December 31, 2018

Denmark based Ørsted has been selected by Connecticut’s Department of Energy and Environmental Protection to move forward to negotiate a fixed-price power purchase agreement (PPA) with the state’s power distribution companies for 0.42TWh (terawatt hours) per year equivalent to 100MW offshore wind capacity.  

Subject to contract signing and Ørsted’s final investment decision (FID), construction on the Revolution Wind project is expected to start in 2022, and the wind farm is expected to be commissioned in 2023.

With the 100MW added capacity, Revolution Wind has now secured a total of 700MW offshore wind capacity, including previously awarded projects in Rhode Island and Connecticut, which Ørsted will build as one joint project. Ørsted will also build the adjacent 130MW South Fork project at the same time.

Martin Neubert, Executive Vice President and CEO of Ørsted Offshore, said, “We’re happy to have been selected for contract negotiations as the only offshore wind project in this zero carbon RPF. Revolution Wind will contribute to Connecticut’s transition to clean energy and add to our attractive construction pipeline in New England which now totals 830MW.”

Thomas Brostrøm, CEO of Ørsted US Offshore Wind and President of Ørsted North America, said, “Offshore wind will bring long-term economic and environmental benefits to Connecticut, attract related industry and supply chain investments to the state, and support Connecticut’s transition to renewable energy sources.”

Revolution Wind is part of the Deepwater Wind portfolio which Ørsted acquired in October 2018. Deepwater Wind proposed the 100MW Revolution Wind project prior to the company’s acquisition.

The selection follows the approval in December by Connecticut regulators of a 20-year PPA for the initial Revolution Wind project. Connecticut’s Public Utilities Regulatory Authority approved Ørsted’s long-term power purchase agreement with Eversource and United Illuminating, two Connecticut utilities, for 200MW of clean energy.

Categories: Energy Offshore Energy Renewable Energy Industry News North America Renewables

Related Stories

SBM Offshore Starts Construction of FSO for Trion Oil Field off Mexico

Brownfield Output Decline Accelerates, says IEA

Floating Offshore Wind Test Center Planned for Japan

Japan Picks Wood Mackenzie to Assess Trump-Backed Alaska LNG Scheme

Shelf Drilling Lands New Jack-Up Contract in Vietnam, Extends Egypt Deal

Dutch Contractor Completes Malaysia’s Largest 'Rig-to-Reef' Decom Project

China Rolls Out 17MW Floating Wind Turbine Prototype

Seatrium Makes First Turnkey FPSO Delivery to Petrobras

CDWE Wraps Up Pin Pile Installation Job for Taiwanese Offshore Wind Farm

Fugro Lands Deepwater Gas Field Job in Southeast Asia

Current News

MODEC Ramps Up Hammerhead FPSO Work After ExxonMobil's Go-Ahead

Aesen, DOC JV Targets Subsea Cable Logistics

Timor Gap Boosts Stake in Finder Energy’s Timor-Leste Oil Fields

SBM Offshore Starts Construction of FSO for Trion Oil Field off Mexico

Russia Targets 2028 for Sakhalin-3 Gas Project Start Up

Seatrium Secures ABS Backing for Deepwater FPSO Design

MDL Secures Cable Laying Job in Asia Pacific

Hibiscus Petroleum Starts Drilling at Teal West Field off UK

Yinson Production Nets DNV Approval for New FPSO Hull Design

Hanwha Ocean's Tidal Action Drillship Starts Maiden Job with Petrobras

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com