Nice Lakes Dredge & Dock (GLDD), along with its consortium companion Van Oord, has been knowledgeable by Empire Offshore Wind, a three way partnership between BP and Equinor, of the termination of the rock set up contract for the Empire Wind 2 offshore wind venture which was set to start in 2026.
In 2022, the GLDD-Van Oord consortium was contracted by Empire Wind to carry out rock set up for the Empire Wind 1 and a pair of offshore wind tasks with set up home windows in 2025 and 2026, respectively.
Empire Wind 1 is presently on observe for rock set up in 2025, mentioned GLDD.
“We look ahead to the beginning of the Empire Wind I set up anticipated in 2025, persevering with our relationship with Equinor and bp as a most well-liked provider, and bidding on future tasks. We proceed to pursue extra alternatives together with tasks internationally for 2026 and past,” mentioned Eleni Beyko, Senior Vice President of Offshore Wind at GGLDD.
Nonetheless, Empire Wind has knowledgeable the consortium that they’ve terminated the Empire Wind 2 rock set up contract that was set to start in 2026.
Termination of the Empire Wind 2 venture initiates a contractually obligate termination price payable to the consortium that’s supposed to cowl misplaced earnings potential associated to Empire Wind 2, mentioned GLDD.
As reported yesterday, 4 January, BP and Equinor have terminated their Offshore Wind Renewable Power Certificates (OREC) settlement for the 1,260 MW venture with the New York State.
As well as, the companions cancelled contracts signed with the Dutch offshore wind basis producer Sif and Singapore-based Seatrium for the manufacturing of monopiles and the venture’s offshore substation, respectively.
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The State of New York has set a purpose of growing 9 GW of offshore wind capability by 2035.
“New York stays dedicated to assembly the State’s clear vitality targets they usually have taken steps ahead with the accelerated solicitations for brand new PPAs to permit builders to regulate costs for inflation and develop extra sturdy tasks going ahead. Awards for the following solicitation spherical are anticipated in February 2024,” mentioned Beyko.
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