Workplaces of power firm Equinor photographed in Norway on February 6, 2019.
Odin Jaeger | Bloomberg | Getty Photographs
Norway’s Equinor has been awarded a significant contract to supply renewable power to New York state from two enormous offshore wind farms positioned in waters off the East Coast.
In an announcement Wednesday, the agency stated it was the “largest-ever” offshore wind deal that had been awarded within the U.S. — and likewise “one of many largest renewable power procurements within the U.S. so far.”
Underneath the phrases of the deal, Equinor and its companion BP will present New York with renewable power from the Empire Wind 2 and Beacon Wind 1 tasks.
The 2 companies may even work with New York to develop the South Brooklyn Marine Terminal and Port of Albany into what Equinor described as “large-scale offshore wind working industrial amenities.”
Final 12 months, BP agreed to take 50% stakes within the Empire Wind and Beacon Wind tasks from Equinor, in a deal set to shut within the early a part of 2021.
The Empire Wind 2 and Beacon Wind 1 developments can have a capability of 1,260 and 1,230 megawatts (MW) respectively. The contract introduced on Wednesday will complement one other settlement for power from the 816 MW Empire Wind 1 challenge. Capability refers back to the most quantity that installations can produce, not what they’re presently producing.
When absolutely completed, Equinor says the general Empire Wind and Beacon Wind tasks will every have the ability to energy over a million houses.
In a press release, Equinor’s CEO Anders Opedal described the East Coast of the USA as “some of the engaging development markets for offshore wind on this planet.”
Whereas it could have potential, the U.S. continues to be a way off matching different components of the world with regards to scale.
The nation’s first offshore wind farm — the 30 MW, five-turbine Block Island Wind Farm, which is operated by Danish firm Orsted — solely began industrial operations on the finish of 2016.
By comparability, Europe is dwelling to a lot of enormous offshore wind tasks. Final November, Orsted introduced that the 752 MW Borssele 1 & 2 offshore facility was absolutely up and working, claiming it may present sufficient electrical energy to energy 1 million households.
In plans laid out towards the tip of final 12 months, the European Union stated it wished its offshore wind capability to hit 300 gigawatts by the center of the century.
Whereas each Equinor and BP are trying to develop extra renewable power tasks, they continue to be main gamers within the oil and fuel sector.