Bureau of Ocean Energy Management

LS Power Grid Unveils Plans to Connect Offshore Wind Power into New Jersey's Onshore Electrical Grid

Retrieved on: 
Martedì, Marzo 22, 2022

LS Power Grid's proposals, which the company collectively calls "Clean Energy Gateway," include multiple alternatives and options designed to integrate offshore wind power into the state's electrical grid.

Key Points: 
  • LS Power Grid's proposals, which the company collectively calls "Clean Energy Gateway," include multiple alternatives and options designed to integrate offshore wind power into the state's electrical grid.
  • The New Jersey Offshore Wind Economic Development Act of 2010 mandated that a percentage of electrical power sold in the state be generated by offshore wind.
  • The NJBPU is now evaluating proposals focused on how best to coordinate and connect all offshore wind projects into the onshore electrical grid.
  • LS Power Grid is a subsidiary of LS Power, which has been operating in New Jersey since the company began in 1990.

TotalEnergies Enters Castle Wind JV to Explore 1GW Development of Offshore Wind in Central California

Retrieved on: 
Mercoledì, Marzo 2, 2022

"Castle Wind welcomes TotalEnergies with its deep commitment to renewable energy to the joint venture and the project team," said Alla Weinstein, CEO of Castle Wind.

Key Points: 
  • "Castle Wind welcomes TotalEnergies with its deep commitment to renewable energy to the joint venture and the project team," said Alla Weinstein, CEO of Castle Wind.
  • TotalEnergies' experience and expertise, with over 10 GW of offshore wind projects under development,will be invaluable as we work towards making offshore wind a reality in California."
  • Castle Wind was created to help bring a floating offshore wind farm with a proposed 1 GW capacity of clean, renewable energy to California.
  • Trident Winds Inc. was established in 2015 to utilize prior permitting expertise in the marine environment for the development of deep-water offshore wind projects using maturing floating offshore wind technologies.

Atlantic Shores Offshore Wind Secures Lease in New York Bight Auction

Retrieved on: 
Venerdì, Febbraio 25, 2022

Atlantic Shores Offshore Wind Bight, LLC, a wholly owned subsidiary of Atlantic Shores Offshore Wind, LLC (Atlantic Shores), is the provisional winner of OCS-A-0541 in the New York Bight offshore wind auction.

Key Points: 
  • Atlantic Shores Offshore Wind Bight, LLC, a wholly owned subsidiary of Atlantic Shores Offshore Wind, LLC (Atlantic Shores), is the provisional winner of OCS-A-0541 in the New York Bight offshore wind auction.
  • With the acquisition of the New York Bight lease, Atlantic Shores continues to grow its offshore wind portfolio and solidify its position as one of the nation's leading offshore wind developers.
  • We are very excited to have won a lease area in the New York Bight enabling us to provide more clean renewable power from offshore wind projects to East Coast residents, said Joris Veldhoven, Commercial and Finance Director at Atlantic Shores Offshore Wind.
  • Atlantic Shores Offshore Wind, LLC is a 50:50 partnership between Shell New Energies US LLC and EDF Renewables North America.

Avangrid Renewables Statement on Federal New York Bight Offshore Wind Auction

Retrieved on: 
Venerdì, Febbraio 25, 2022

Avangrid Renewables, a subsidiary of AVANGRID, Inc. (NYSE: AGR), released the following statement regarding the results of auction for offshore wind lease areas in the New York Bight announced by the Bureau of Ocean Energy Management (BOEM) on February 25, 2022.

Key Points: 
  • Avangrid Renewables, a subsidiary of AVANGRID, Inc. (NYSE: AGR), released the following statement regarding the results of auction for offshore wind lease areas in the New York Bight announced by the Bureau of Ocean Energy Management (BOEM) on February 25, 2022.
  • As a national offshore wind leader, Avangrid Renewables took a strategic and disciplined approach to the New York Bight auction that aligned with our overall long-term business objectives, said Bill White, President and CEO of Avangrid Renewables Offshore.
  • Avangrid Renewables remains committed to the offshore wind market in New York and New Jersey, and will continue to explore opportunities to bring our deep experience and record of delivering transformational local supply chain investments to the region.
  • About Avangrid Renewables: Avangrid Renewables, LLC is a subsidiary of AVANGRID, Inc. and part of the IBERDROLA Group.

United States: TotalEnergies Wins Maritime Lease to Develop a 3 GW+ Offshore Wind Farm on the East Coast of New York and New Jersey

Retrieved on: 
Lunedì, Febbraio 28, 2022

This bid for the development of an offshore wind farm off the U.S. East Coast was won for a consideration of US$ 795 million (100%) by both TotalEnergies and EnBW.

Key Points: 
  • This bid for the development of an offshore wind farm off the U.S. East Coast was won for a consideration of US$ 795 million (100%) by both TotalEnergies and EnBW.
  • In addition, EnBW informed TotalEnergies of its strategic decision to refocus its activity on Europe.
  • In addition, TotalEnergies will acquire from EnBW the predevelopment work undertaken for the upcoming auction off the coast of Central California (Castle Wind project).
  • Locally, it provides a concrete answer to the growing demand for clean energy in New York and New Jersey.

Shell joint venture Atlantic Shores wins acreage in New York Bight, expanding offshore wind market share

Retrieved on: 
Sabato, Febbraio 26, 2022

HOUSTON, Feb. 26, 2022 /PRNewswire/ -- Atlantic Shores Offshore Wind Bight, LLC, the bidding entity representing Atlantic Shores Offshore Wind (Atlantic Shores), a 50-50 joint venture between Shell New Energies US LLC (Shell) and EDF-RE Offshore Development, LLC (EDF), is the provisional winner of block OCS-0541 in the New York Bight offshore wind auction.

Key Points: 
  • HOUSTON, Feb. 26, 2022 /PRNewswire/ -- Atlantic Shores Offshore Wind Bight, LLC, the bidding entity representing Atlantic Shores Offshore Wind (Atlantic Shores), a 50-50 joint venture between Shell New Energies US LLC (Shell) and EDF-RE Offshore Development, LLC (EDF), is the provisional winner of block OCS-0541 in the New York Bight offshore wind auction.
  • Atlantic Shores LLC and Mayflower Wind Energy LLC, are Shell's two separate offshore wind 50-50 joint ventures in partnership with EDF and OW North America LLC respectively.
  • ''Subsidiaries'', "Shell subsidiaries" and "Shell companies" as used in this [report] refer to entities over which Shell plc either directly or indirectly has control.
  • Entities and unincorporated arrangements over which Shell has joint control are generally referred to as "joint ventures" and "joint operations", respectively.

Shell joint venture Atlantic Shores wins acreage in New York Bight, expanding offshore wind market share

Retrieved on: 
Sabato, Febbraio 26, 2022

HOUSTON, Feb. 25, 2022 /PRNewswire/ -- Atlantic Shores Offshore Wind Bight, LLC, the bidding entity representing Atlantic Shores Offshore Wind (Atlantic Shores), a 50-50 joint venture between Shell New Energies US LLC (Shell) and EDF-RE Offshore Development, LLC (EDF), is the provisional winner of block OCS-0541 in the New York Bight offshore wind auction.

Key Points: 
  • HOUSTON, Feb. 25, 2022 /PRNewswire/ -- Atlantic Shores Offshore Wind Bight, LLC, the bidding entity representing Atlantic Shores Offshore Wind (Atlantic Shores), a 50-50 joint venture between Shell New Energies US LLC (Shell) and EDF-RE Offshore Development, LLC (EDF), is the provisional winner of block OCS-0541 in the New York Bight offshore wind auction.
  • Atlantic Shores LLC and Mayflower Wind Energy LLC, are Shell's two separate offshore wind 50-50 joint ventures in partnership with EDF and OW North America LLC respectively.
  • ''Subsidiaries'', "Shell subsidiaries" and "Shell companies" as used in this [report] refer to entities over which Shell plc either directly or indirectly has control.
  • Entities and unincorporated arrangements over which Shell has joint control are generally referred to as "joint ventures" and "joint operations", respectively.

Ørsted and Eversource joint venture takes final investment decision on New York's South Fork Wind Offshore Windfarm

Retrieved on: 
Martedì, Febbraio 15, 2022

South Fork Wind, a 50-50 joint venture between rsted and Eversource, has taken final investment decision (FID) on the project that will be New York's first offshore wind farm.

Key Points: 
  • South Fork Wind, a 50-50 joint venture between rsted and Eversource, has taken final investment decision (FID) on the project that will be New York's first offshore wind farm.
  • The final investment decision codifies the companies' commitment to the 130 MW offshore wind project.
  • Last month, South Fork Wind received final approval from the Bureau of Ocean Energy Management (BOEM) for its construction and operations plan, the final in the agency's review of the project.
  • 'With the joint final investment decision now in place, we have formally codified our commitment to New York's first-ever offshore wind farm,' said Joe Nolan, President and Chief Executive Officer of Eversource Energy.

AVANGRID Applauds Announcement of New York Bight Offshore Wind Auction

Retrieved on: 
Mercoledì, Gennaio 12, 2022

AVANGRID, Inc. (NYSE: AGR), a leading sustainable energy company, released the following statement regarding the announcement that the Bureau of Energy and Ocean Management (BOEM) plans to hold an auction on February 23, 2022 for offshore wind lease areas in the New York Bight.

Key Points: 
  • AVANGRID, Inc. (NYSE: AGR), a leading sustainable energy company, released the following statement regarding the announcement that the Bureau of Energy and Ocean Management (BOEM) plans to hold an auction on February 23, 2022 for offshore wind lease areas in the New York Bight.
  • As a leader in offshore wind, AVANGRID applauds the much anticipated announcement for a public auction for lease areas within the New York Bight, said Dennis V. Arriola, CEO of AVANGRID.
  • Given our 4.9 GW off-shore wind project portfolio, we look forward to participating in this historic auction.
  • Vineyard Wind 1: a 50/50 joint venture with Copenhagen Infrastructure Partners and the first commercial scale U.S. Offshore Wind Project.

Avangrid Renewables Completes Restructuring Agreement and Increases Offshore Wind Portfolio to 4.9 GW

Retrieved on: 
Martedì, Gennaio 11, 2022

Avangrid Renewables, a subsidiary of AVANGRID, Inc. (NYSE: AGR), has completed the previously announced restructuring of its existing Vineyard Wind joint venture to become the largest offshore wind supplier in New England.

Key Points: 
  • Avangrid Renewables, a subsidiary of AVANGRID, Inc. (NYSE: AGR), has completed the previously announced restructuring of its existing Vineyard Wind joint venture to become the largest offshore wind supplier in New England.
  • In total, Avangrid Renewables now has a projected offshore wind pipeline of 4.9 GW on the East Coast of the United States enough to power more than 2 million households.
  • Today marks the next phase for the Avangrid Renewables Offshore team as we continue to bring financial capital, global experience and technical expertise in offshore wind to the U.S. market, said Bill White, president and CEO of Avangrid Renewables Offshore.
  • In addition, Avangrid Renewables has promoted two senior leaders responsible for implementing the companys growing offshore wind project pipeline and securing its next generation of projects and growth.