Equinor (OSE: EQNR, NYSE: EQNR) has entered into an agreement with BP (LSE: BP, NYSE: BP) to sell 50% non-operated interests in the Empire Wind and Beacon Wind assets on the US east coast for a total consideration before adjustments of USD 1.1 billion. Through this transaction, the two companies are also establishing a strategic partnership for further growth within offshore wind in the US. Currently Equinor holds … Continue reading Equinor partners with BP in US offshore wind power to capture value and create platform for growth
Continue readingTag Archives: New York
BP enters the offshore wind energy market
British oil giant BP announced that it has started exploring the offshore wind energy sector, thanks to a partnership with the Norwegian group Equinor in the United States. BP is providing $ 1.1 billion to Equinor to jointly develop projects with existing wind turbines off the New York and Massachusetts coasts. First investment in renewable … Continue reading BP enters the offshore wind energy market
Continue readingGovernor Cuomo Announces Largest Combined Solicitations for Renewable Energy Ever Issued in the U.S. to Combat Climate Change
Nation-Leading Offshore Wind Solicitation Seeks Up To 2,500 Megawatts of Renewable Energy and a Complementary Multi-Port Infrastructure Investment, Totaling More Than $400 Million in Public and Private Dollars for Port Infrastructure in New York Since Last Year; and Sends a “Buy-Clean” Demand Signal for Advanced Materials Governor Also Announces Coordinated Solicitations for Land-Based Renewable Energy Projects Seeking … Continue reading Governor Cuomo Announces Largest Combined Solicitations for Renewable Energy Ever Issued in the U.S. to Combat Climate Change
Continue readingNew York holds off on plans to solicit offshore wind energy bids
On April 23, 2020, the New York State Public Service Commission issued a 2020 Offshore Wind Order, authorising the New York State Energy Research and Development Authority (NYSERDA) to procure at least 1,000 MW of offshore wind capacity, which was also part of the announcement included in Governor Cuomo’s 2020 State address. While NYSERDA fully … Continue reading New York holds off on plans to solicit offshore wind energy bids
Continue readingAmerican Wind Energy Association Statement on New York Renewable Energy Siting Reform Passed as Part of State Budget
The American Wind Energy Association (AWEA) today issued the following statement after the New York Legislature passed a state budget that includes critical improvements to the way that renewable energy projects are sited and developed in the state. “New York continues to lead the nation in its commitment to affordable, clean, renewable energy. These … Continue reading American Wind Energy Association Statement on New York Renewable Energy Siting Reform Passed as Part of State Budget
Continue readingAWEA and Alliance for Clean Energy New York urge Governor Cuomo to support carbon pricing as model for the nation
The American Wind Energy Association (AWEA) and the Alliance for Clean Energy New York (ACE NY) today urged New York Governor Andrew Cuomo to support an innovative, first-in-the-nation proposal to account for the cost of carbon emissions in New York’s wholesale electricity markets, which would be the most cost effective way to meet the state’s … Continue reading AWEA and Alliance for Clean Energy New York urge Governor Cuomo to support carbon pricing as model for the nation
Continue readingBluestone gets green light for 125 MW wind farm in New York
Authorities clear way for 27 wind turbines to feature at wind energy project in Broome County. The New York State Board on Electric Generation Siting and the Environment has granted approval to Bluestone Wind to build and operate a 124MW wind farm in Broome County. The siting board’s decision follows a “detailed review and robust … Continue reading Bluestone gets green light for 125 MW wind farm in New York
Continue readingNew York’s First Offshore Wind Contracts Are Done – Now What?
In the wake of New Jersey Governor Phil Murphy’s announcement this past week of his Executive Order directing the increase of the state’s offshore wind procurement to 7,500 megawatts (“MWs”) by 2035, which amounts to more than half of the state’s total load, the New York and New Jersey regions have solidified their national pole … Continue reading New York’s First Offshore Wind Contracts Are Done – Now What?
Continue readingSunrise Wind signs wind power purchase agreement with New York
On 18 July 2019, New York selected Sunrise Wind as the preferred bidder for an 880MW offshore wind farm. Sunrise Wind has now signed a 25-year OREC purchase-and-sale agreement with the New York State Energy Research and Development Authority (NYSERDA). The Sunrise Wind project has an average all-in development cost of USD80.64 per MWh (2018 … Continue reading Sunrise Wind signs wind power purchase agreement with New York
Continue readingNew York Independent System Operator’s carbon pricing proposal would be an economic win for New York
The American Wind Energy Association (AWEA) applauded the New York Independent System Operator’s (NYISO) proposal to incorporate the social cost of carbon into the wholesale price of electricity. Today, NYISO released a new study which concludes that, “A carbon price in NYISO’s competitive wholesale power markets can help deliver New York’s clean-energy transition in faster, … Continue reading New York Independent System Operator’s carbon pricing proposal would be an economic win for New York
Continue readingNew York board approves 242 MW wind farm
A wind farm with up to 68 wind turbines in Steuben County has been approved by New York’s Electric Generation Siting Board. The 242-megawatt Baron Winds project will be built in the towns of Cohocton, Dansville, Fremont and Wayland. It will connect with the state’s electrical grid through New York State Electric and Gas transmission … Continue reading New York board approves 242 MW wind farm
Continue readingOffshore wind energy: New York awards the construction of the largest maritime wind farm
The Governor of the State of New York, Andrew Cuomo, announced the award of two offshore wind power projects for the construction of a marine wind farm that will produce around 1,700 megawatts and that will become the largest of its kind in the United States. The governor, who specified that the wind turbines facilities … Continue reading Offshore wind energy: New York awards the construction of the largest maritime wind farm
Continue readingGov. Cuomo announces largest procurement of offshore wind power in US history
New York Governor Andrew Cuomo today announced results of the largest procurement of offshore wind power in U.S. history. Two projects, Empire Wind (Opens in a new window) and Sunrise Wind(Opens in a new window), were named as winners of the state’s first call for offshore wind project proposals. Once completed, the 816 megawatt (MW) … Continue reading Gov. Cuomo announces largest procurement of offshore wind power in US history
Continue readingNew York announces critical grid modernization projects
As a native New Yorker, I’m always happy for an opportunity to tout my home state’s clean energy leadership. And while New York’s offshore wind commitments have dominated the headlines, this month the state announced a pair of critically important, under-the-radar initiatives: grid modernization and transmission expansion. The American Society of Civil Engineers rates the … Continue reading New York announces critical grid modernization projects
Continue readingVineyard Wind advances 1.2 GW Liberty Wind Power offshore project
This would be one of the largest offshore wind energy projects in the world, capable to generate enough emission-free energy to power more than 750,000 New York households. In response to the New York State Energy Research and Development Authority’s solicitation of offshore wind project proposals, offshore wind development company Vineyard Wind introduced Liberty Wind. … Continue reading Vineyard Wind advances 1.2 GW Liberty Wind Power offshore project
Continue readingNorway’s Equinor bids to supply New York with offshore wind power
Equinor has submitted a bid to supply New York with offshore wind power from its Empire Wind project south of Long Island, the company said on Thursday. Equinor’s bid comes in response to the 800 MW procurement of offshore wind by the New York State, with the state expected to choose a supplier in spring … Continue reading Norway’s Equinor bids to supply New York with offshore wind power
Continue readingTwo innogy wind energy projects in New York (366 MW) with mainly Nordex wind turbines planned
In October 2018 innogy and the Nordex Group agreed on a strategic partnership with a view to facilitating future growth with onshore wind power projects in a highly competitive environment in an optimal manner. This partnership is already paying off for both companies: for instance, at the end of 2018 innogy SE and the Nordex … Continue reading Two innogy wind energy projects in New York (366 MW) with mainly Nordex wind turbines planned
Continue readingNew York 9 GW offshore wind power target
The American Wind Energy Association issued the following statement reacting to New York Governor Cuomo’s announcement, which more than triples the state’s offshore wind development target from 2.4 GW by 2030 to 9 GW by 2035. “By more than tripling New York’s already impressive offshore wind goal, Governor Cuomo has redefined offshore wind ambition nationwide,” … Continue reading New York 9 GW offshore wind power target
Continue readingEDF Renewables announces Commercial Operation at Copenhagen Wind farm in New York
EDF Renewables North America announced today that the 80 megawatt (MW) Copenhagen Wind Project is fully operational and delivering electricity. This new wind farm brings the EDF Group one step closer to meeting its CAP 2030 strategy of doubling its worldwide renewable energy capacity to more than 50 GW between 2015 and 2030. Consisting of … Continue reading EDF Renewables announces Commercial Operation at Copenhagen Wind farm in New York
Continue readingNew York Governor writes offshore wind energy support
In a letter yesterday, New York Governor Andrew M. Cuomo called on U.S. Secretary of the Interior Ryan Zinke to support New York’s offshore wind initiative by delineating and leasing at least four new wind energy areas recommended by the state’s Offshore Wind Master Plan. The Governor’s letter also enclosed the state’s comments on the … Continue reading New York Governor writes offshore wind energy support
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