Rhode Island regulators have approved a 20-year power purchase agreement with DWW Rev I LLC, a joint venture of Ørsted US Offshore Wind and Eversource, for the Revolution Wind offshore wind project.
The Rhode Island Public Utilities Commission (RI PUC) unanimously approved Ørsted and Eversource’s long-term power contract with National Grid for 400 MW of clean energy from Revolution Wind.
Revolution Wind, Rhode Island’s second offshore windfarm, will generate enough clean energy to power more than 270,000 average Ocean State homes each year – about a quarter of the electricity used by Rhode Islanders annually. The project will save Rhode Island electricity customers millions of dollars in energy costs over the life of the project.
Ørsted US Offshore Wind chief executive and president of Ørsted North America Thomas Brostrøm said, “We’re grateful for the RI PUC’s approval of this important project. We are ready to get to work to deliver dramatically more offshore wind energy, jobs and energy savings to Rhode Island. The project builds upon the success of the Block Island Wind Farm to transform the state’s energy future.”
Eversource executive vice president for enterprise energy strategy and business development Lee Olivier said, “Rhode Island is making tremendous strides in achieving the state’s ambitious clean energy goals. With Revolution Wind set to deliver a quarter of the state’s total electric load, offshore wind is now poised to become a major component of the state’s energy mix.”
Once permits are in hand, construction work on Revolution Wind will begin as early as 2020, with offshore installation starting in 2022 and the project operational in 2023. Offshore oceanographic and geophysical survey work began in 2018.
Ørsted and Eversource are committed to investing US$40M in Rhode Island for local port improvements. The companies expect to make ProvPort a major construction hub for Revolution Wind and are targeting Quonset for the long-term operations centre. The project will create 800 construction jobs and 50 permanent operations and maintenance jobs.
The State of Rhode Island selected Revolution Wind in May 2018 through a competitive and collaborative bid review process with Massachusetts.
Revolution Wind, which is in federal waters roughly halfway between Montauk, NY and Martha’s Vineyard, Mass, is designed to serve as regional energy centre. Connecticut separately selected 300 MW from Revolution Wind to power that state.