An offshore windfarm acquired by Ørsted when it took over Deepwater Wind earlier in 2018 is to provide power to the state of Connecticut.
Connecticut’s Department of Energy and Environmental Protection has selected Ørsted’s Revolution Wind project as the basis of a fixed-price power purchase agreement with the state’s power distribution companies.
The proposed deal is for 0.42 terawatt hours per year, equivalent to 100-MW of offshore wind capacity. Subject to contract signing and Ørsted’s final investment decision, the offshore windfarm is expected to be constructed in 2022, and commissioned in 2023.
With the 100 MW of capacity for Connecticut added, Revolution Wind has now secured a total of 700-MW offshore wind capacity, including previously awarded projects in Rhode Island and Connecticut, which Ørsted will build as one joint project, unlocking procurement, construction and operational synergies. In addition, Ørsted will build the adjacent 130-MW South Fork project at the same time as Revolution Wind, enabling further synergies.
Ørsted Offshore executive vice president and chief executive Martin Neubert said, “Revolution Wind will contribute to Connecticut's transition to clean energy and add to our attractive construction pipeline in New England which now totals 830 MW.”
Revolution Wind is part of the Deepwater Wind portfolio which Ørsted acquired in October 2018. Deepwater Wind proposed the 100-MW Revolution Wind project prior to the company's acquisition.
The Offshore Wind Journal Conference in London on 5 February 2019 will address key issues including global market developments, increasing turbine sizes, floating offshore wind and industry regulations.