Ørsted’s Post

Read the article at the American Journal of Transportation, “Governor Newsom signs bill to expedite Port of Long Beach’s Pier Wind project”—September 30, 2024. “California Gov. Gavin Newsom today signed a bill allowing the Port of Long Beach to streamline the design and construction of Pier Wind, a proposed 400-acre terminal to facilitate the assembly and deployment of floating offshore wind turbines. Assembly Bill 2235, authored by Assemblymember Josh Lowenthal, will reduce costs and accelerate the timeline to complete the proposed Pier Wind project, which would be the largest facility of its kind in the United States and would help California meet its goals for renewable energy sources. ‘We now have the ability to plan and build Pier Wind in a way that is smarter, faster and more cost-effective, thanks to Gov. Newsom, Assembly Speaker Robert Rivas, Senate President Pro Tem Mike McGuire and Assemblymember Josh Lowenthal guiding this critical legislation to approval,’ said Port of Long Beach CEO Mario Cordero… ‘The Pier Wind project presents an exciting opportunity for California to realize its potential as a leader in the U.S. offshore wind market,’ said Chris Hannan, president of the State Building and Construction Trades Council of California…” Read the full story below and at this link. https://lnkd.in/gRYUi3Wy #offshorewind #floatingwind #cleanenergy #renewables #climate #offshorewindca #pacificoffshorewindsummit

#NewsIE | The New York State Department of Public Service Commission granted Empire Offshore Wind, LLC its final approval, authorizing the project to begin construction on the 810MW offshore #windfarm. 💨 The project will continue progress towards achievement of the State’s Climate Leadership and Community Protection Act (Climate Act) goal to develop 9,000 MW of #offshorewind energy by 2035. President of Equinor Renewables Americas, Molly Morris said, “The approval by the New York State Public Service Commission (PSC) of the Certificate of Public Convenience and Necessity is another important step for the development of the Empire Wind 1 project. With this authorization in place, combined with other federal, state and local authorizations, critical construction can begin in Brooklyn that will help connect the 810 MW of renewable energy produced by Empire Wind 1 to the New York City grid. Equinor appreciates the leadership of Governor Hochul and the work of the PSC as we proceed into this exciting new phase of the project.” Executive Director of the Alliance for Clean Energy New York, Marguerite Wells said: "This important milestone for Empire Wind 1 is positive news for all New Yorkers. Construction of this project means thousands of family-sustaining jobs for laborers, electricians, and other building trades and will result in clean, renewable power for more than half a million New Yorkers. We applaud Governor Hochul for her leadership and being a champion for offshore wind, and we look forward to continuing to work with the state to meet our clean energy goals." ➡️ https://lnkd.in/dzbjfRha American Clean Power Association (ACP), American Council on Renewable Energy (ACORE), Global Wind Energy Council (GWEC), WindEurope

1.7GW of Wind Power in New York = 1.7GW of extremely sporadic electricity reliability = titantic electric price volatility = windfall profits for long duration energy storage providers.... Standard Carbon

On Thursday, New York Governor Kathy Hochul (D) announced the completion of South Fork Wind, a 132-megawatt project by Danish energy giant Ørsted and Boston-based utility Eversource Energy. All 12 of the wind farm’s towering turbines are now in place and producing enough clean electricity to power roughly 70,000 homes in Long Island, New York. Construction on South Fork Wind last year represented a rare bright spot for the otherwise embattled U.S. offshore wind sector. Financial hardships and logistical challenges in 2023 hammered project developers, including Ørsted, leading to the delay or cancellation of around 12 gigawatts of offshore wind farms. Learn more: https://bit.ly/48UXtOe #newyork #wind #windpower #offshorewind #cleanenergy #renewableenergy

The offshore wind Industrial Growth Plan published today indicates that there will be a big focus on offshore wind as part of the UK’s renewable energy transition. The plan expects a tripling in the current offshore wind manufacturing capacity, with estimates suggesting that this could bring opportunities in the UK wind sector worth up to £96bn by 2040. It is an ambitious plan, and one which should bring opportunities for businesses throughout the supply chain for these projects.

Great article by Kate on the latest offshore wind Industrial Growth Plan

RenewableUK published the UK Offshore Wind Industrial Growth Plan today which will be significant news to the offshore wind supply chain and Clyde & Co clients. Construction partners Kate Lister and Robin Wood have written their insight on the key takeaways from this vital update. Click below to read more. #offshorewind #energy #construction #renewable

#BreakingNews: Bureau of Ocean Energy Management announces Record of Decision for Empire Wind project. Oceantic Network CEO Liz Burdock said:  “The Network enters the Thanksgiving season thankful for the positive momentum in the U.S. offshore wind industry punctuated by today’s federal approval of the Empire Wind projects for construction. Approval of the 2+ GW Empire Wind projects brings the total U.S. pipeline approved for construction to 7 GW, a substantial jump from just a year ago. A New York parade of positive developments has lifted the industry over the past month with the successful installation of turbines at the nation’s second commercial-scale project, securing a $1 billion new investment in turbine manufacturing, and keeping the market on track by opening a new procurement round. Leadership in Albany and the steadfast work at federal agencies are going a long way to securing new investments in ports, vessels, and component manufacturing facilities that will be key to the buildout of the U.S. industry. In issuance of a ROD for Empire Wind, the Network applauds BOEM for its efforts to maintain the industry’s forward momentum while still ensuring environmentally responsible development.”  https://lnkd.in/eDhK-rs5

🌟 Breaking: Governor Kathy Hochul has conditionally awarded two offshore wind projects from New York’s fourth offshore wind solicitation. The competitively selected projects, Empire Wind 1 and Sunrise Wind, will create over 800 construction jobs and $2 billion in economic development investments statewide. The projects, which will produce over 1.7 gigawatts of clean energy, will be the largest power generation projects built in New York State in over 35 years once they enter operation in 2026.   The announcement represents continued action taken by the state as part of New York’s 10-Point Action Plan, competitively selecting over 1,700 MW of clean, locally produced energy—enough to power one million New York homes and deliver approximately 10% of New York City and Long Island’s electricity needs.   Building on these awards, NYSERDA expects to announce awards for Tier-1 land-based renewables projects in April 2024.