Developers Submit Proposals for Massachusetts Offshore Wind Power Project
Developers submitted bids to meet the Wednesday deadline for what would be Massachusetts' first offshore wind energy project. The project is part of a Massachusetts law that allows for the procurement of up to 1,600 megawatts (MW) of offshore wind energy by 2027. A request for proposals (RFP) for long-term contracts for offshore wind energy projects was issued on June 29, 2017. Yesterday was the deadline for the state to receive the proposals.
Bidders were required to submit proposals for the generation of at least 400 MW of offshore wind power to Massachusetts utilities. The winning proposal will be announced in April next year. For related information, see April 12, 2016, article - Study: Offshore Wind Power Could Surge if Massachusetts Makes a Big Commitment.
Bay State Wind, a partnership between Ørsted (formerly DONG Energy) (Fredericia, Denmark) and New England power utility Eversource Energy (NYSE:ES) (Hartford, Connecticut), said its proposal would make a $4 billion direct investment in Massachusetts, and create up to 1,200 jobs in the commonwealth during construction, and up to 10,800 direct and indirect jobs over the life of the project. The project, which would be located 25 miles off of New Bedford, would include a 55-MW battery storage system, the largest ever deployed in conjunction with a windfarm, Bay State Wind said in a press release.
Vinyard Wind also submitted a proposal, saying it was the first of the competing projects to have applied for federal and state construction permits. Vinyard Wind is owned by Copenhagen Infrastructure Partners (CIP) (Copenhagen, Denmark) and Avangrid Renewables, a subsidiary of AVANGRID Incorporated (NYSE:AGR) (New Haven, Connecticut). Vinyard Wind said in a press statement that it could start building the project in 2019.
Deepwater Wind (Providence, Rhode Island) said it planned to submit a proposal for its Revolution Wind offshore windfarm, to be paired with an offshore transmission system in partnership with National Grid plc (NYSE:NGG) (Warwick, England). The project could be built at various sizes up to 400 MW in its first phase, according to the developer. The Revolution Wind project would be built in Deepwater Wind's federal lease site southwest of Martha's Vineyard. If approved, local construction work on Revolution Wind would begin in 2022, with the project in operation in 2023, the developer said.
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