Equinor has submitted a bid for its Empire Wind venture into the New York fourth offshore wind solicitation (NY4), becoming a member of a spread of massive builders asserting their intent.
Equinor joins Danish wind vitality big Ørsted and a three way partnership between Germany’s RWE and the UK’s Nationwide Grid Ventures in submitting proposals to the New York State Vitality Analysis and Growth Authority (NYSERDA).
NYSERDA is anticipated to announce the successful bids from NY4 in February.
In an announcement, Equinor stated its 810MW Empire Wind 1 venture is able to ship dependable renewable energy to greater than half one million New York properties.
If profitable, Equinor stated it expects to supply first energy from Empire Wind in 2026.
The Norwegian agency stated Empire Wind will “anchor the East Coast offshore wind business in New York Metropolis by the transformation of the South Brooklyn Marine Terminal (SBMT) right into a world-class hub for offshore wind”.
The NY4 announcement comes after Equinor yesterday accomplished a swap cope with BP to dissolve their 50:50 three way partnership tasks within the US.
Below the deal, Equinor took full possession of Empire Wind whereas BP took over the Beacon Wind venture.
The deal comes simply weeks after the 2 corporations cancelled their settlement with NY authorities for the second part of Empire Wind.
The 2 corporations additionally swapped possession of related onshore property in New York Metropolis, with Equinor receiving the SBMT lease whereas BP will take over the Astoria Gateway for Renewable Vitality.
Empire Wind is ‘shovel prepared’
Asserting its bid, Equinor Renewables Americas president Molly Morris stated: “Empire Wind 1 is prepared and so is Equinor.
“New York has demonstrated its dedication to offshore wind and this venture will play a foundational position in driving that dedication ahead. Empire Wind 1 places New York Metropolis on the coronary heart of this new business and the financial and environmental advantages will prolong all through the state.
“We proceed to interact carefully with our key stakeholders – together with neighborhood companions, union labour, and environmental organizations – and are grateful for the assist the venture is receiving.”
In the meantime, RWE and Nationwide Grid Ventures additionally introduced their 1.3GW Neighborhood Offshore Wind three way partnership will even bid into NY4.
In an announcement, the businesses stated mixed with different provisionally awarded phases, the Neighborhood Offshore Wind tasks is anticipated to generate $4.4 billion in financial advantages to New York.
President and venture director of Neighborhood Offshore Wind Doug Perkins stated the venture is “dedicated to offering the renewable vitality New Yorkers want and driving long-term, equitable financial progress”.
Danish wind developer Ørsted will even submit an NY4 bid for its 924MW Dawn Wind venture after the corporate yesterday took over full possession from its three way partnership companion.
US offshore wind momentum picks up
Whereas BP has not but indicated its intent to submit a bid for the Beacon Wind venture, Reuters experiences BP and quite a lot of corporations together with Shell, EDF and Iberdrola may additionally submit proposals for NY4.
The confirmed bids may point out a constructive upswing in momentum for offshore wind within the US, after venture cancellations and different setbacks seemed set to derail the sector’s momentum in direction of its 2030 targets.
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