empire wind 1

Empire Wind moves forward

February 13, 2025 By EarthWise Leave a Comment

Empire Wind 1, the first offshore wind project that will connect to the New York City grid, has received the financing needed to move forward. Equinor, the Norwegian state-owned multinational energy company developing the project, closed on a more than $3 billion financing package.

The wind farm will span 80,000 acres in an area 15-30 miles southeast of Long Island. When completed, it will have a capacity of 810 megawatts. Equinor has executed a Purchase and Sale Agreement with the New York State Energy Research and Development Authority to purchase power from Empire Wind 1 for 25 years at a strike price of $155/MWh. The operations and maintenance hub for Empire Wind 1 will be at the South Brooklyn Marine Terminal. Commercial operation is expected by 2027.

The previously-planned Empire Wind 2 project was terminated a year ago because of inflation, interest rates, and supply chain disruptions. More broadly, the U.S. offshore wind industry has been struggling for the past year.

With the return of President Donald Trump to the White House, there is much greater uncertainty facing the industry. As a result of the election, Attentive Energy, a planned 3-gigawatt wind project off the coasts of New York and New Jersey has been put on pause. Trump’s public disdain for offshore wind energy is likely to create a major slowdown in the growth of the offshore wind pipeline. On the other hand, the new administration is less likely to have much influence on projects already in progress including 4 gigawatts under active construction and more than 50 gigawatts in other stages of development.

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Empire Wind 1 secures $3B+ financing package, enters ‘full execution mode’

Photo, posted May 2, 2022, courtesy of California Energy Commission via Flickr.

Earth Wise is a production of WAMC Northeast Public Radio

Progress on offshore wind in New York

April 1, 2024 By EarthWise Leave a Comment

New York has now conditionally awarded two offshore wind projects that will move towards operation in 2026. The projects, totaling more than 1,700 megawatts of power, will be the largest power generation projects in New York state in more than 35 years. It is an important milestone toward achieving the state’s goal of developing 9,000 megawatts of offshore wind by 2035.

Empire Wind I, located 15 miles southeast of Long Island, and Sunrise Wind, located more than 30 miles east of the eastern point of Long Island, have already completed most federal and state permitting requirements. Empire Wind I received final approval of their Construction and Operation Plan from the Bureau of Ocean Energy Management in late February.

Both projects are expected to ramp up construction activity this year. Previous awards by NYSERDA for the projects in 2019 included contract provisions for specific economic benefits to New York communities and commitments for purchasing iron and steel from American sources. Empire Wind I is being developed by Equinor, an international energy company headquartered in Norway. Sunrise Wind, originally a joint project by Ørsted and Eversource, is now solely being developed by Ørsted, a global energy company based in Denmark.

Following successful execution of the contracts for the two projects, NYSERDA payments under these awards will only begin once the projects have obtained all required permits and approvals, the construction has been completed, and the projects begin delivering clean energy to New York.

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New York selects Empire Wind I and Sunrise Wind offshore projects

Photo, posted June 14, 2022, courtesy of Lissa Eng / BOEM via Flickr.

Earth Wise is a production of WAMC Northeast Public Radio

Offshore Wind For New York | Earth Wise

February 10, 2022 By EarthWise Leave a Comment

In mid-January, the New York State Energy Research and Development Authority announced that it had finalized contracts with BP and Equinor for the Empire Wind 2 and Beacon Wind offshore wind farms.

The agreements brought to fruition contracts that were awarded in January of 2021 and represent one of the largest clean energy procurements ever in the United States.

Under the finalized contracts, Equinor and BP will provide 1,260 megawatts of offshore wind power from Empire Wind 2 and another 1,230 megawatts from Beacon Wind 1. Once completed, Empire Wind 1, Empire Wind 2, and Beacon Wind 1 will produce enough electricity to power about 2 million New York homes.

As part of the project, there will be substantial investments in New York infrastructure. The South Brooklyn Marine Terminal will be transformed into a major staging and assembly facility for the offshore wind industry and will be an operations and maintenance base for the project. (The project will also invest in the Port of Albany, making it America’s first offshore wind tower and transition piece manufacturing facility).

Empire Wind is located 15-30 miles southeast of Long Island and spans an area of 80,000 acres. Its two phases will eventually have an installed capacity of more than 2,000 megawatts.

Beacon Wind is located more than 60 miles east of Montauk Point and 20 miles south of Nantucket. It covers an area of 128,000 acres. Its two phases will ultimately also have a total capacity of more than 2,000 megawatts.

The wind farms will help generate more than a billion dollars in economic output to New York State. Empire Wind 1 is expected to begin commercial operation in 2026 and the other wind farms over the following couple of years.

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New York State just sealed a deal for 2.5 GW of offshore wind

Photo, posted March 24, 2016, courtesy of Andy Dingley via Flickr.

Earth Wise is a production of WAMC Northeast Public Radio.