August 23, 2019 Read More →

Eastern U.S. states have plans for 19.3GW of offshore wind capacity

S&P Global Market Intelligence ($):

States along the U.S. East Coast are seeking to procure more than 19,300 MW of offshore wind capacity through 2035, according to an analysis from S&P Global Market Intelligence and S&P Global Platts.

Legislation, regulation and, now, approved power purchase agreements are encouraging the development of the new capacity, though only 30 MW of offshore wind resources are operating in the U.S. Grid operators may have to modify their procedures to accommodate the additional resources.

New York has set the pace for offshore wind goals, after Gov. Andrew Cuomo in July signed legislation for the state to get 9,000 MW of electricity from offshore wind by 2035. The state also selected two offshore wind projects, one proposed by Norway’s Equinor ASA, called Empire Wind, and another by a joint venture between Denmark’s Ørsted A/S and U.S. utility Eversource Energy, called Sunrise Wind.

Massachusetts officially has an offshore wind target of 1,600 MW by 2027, though Gov. Charlie Baker’s administration is considering an additional 1,600 MW to boost the state’s procurement goals. State distribution utilities have already contracted for a portion of the output of the 800-MW Vineyard Offshore Wind Project, and have issued a request for proposals for up to 800 MW more.

In New Jersey, Gov. Phil Murphy signed an executive order directing the state Board of Public Utilities work on initiatives to support 3,500 MW of offshore wind by the 2030. In June, state regulators selected the 1,100-MW Ocean Offshore Wind Farm, from Ørsted.

Connecticut recently adjusted its clean energy goals to include a separate 2,000-MW carve-out for offshore wind, issuing a request for proposals Aug. 16. The state’s utilities have already contracted for a portion of the output of the 704-MW Revolution Wind Offshore Project. Another portion of that facility’s output will go to utilities in Rhode Island, which has a 1,000-MW clean energy target set in 2017 by Gov. Gina Raimondo that includes offshore wind.

More ($): U.S. East Coast states to add more than 19,000 MW of offshore wind by 2035

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