Ørsted U.S. Offshore Wind

Ørsted and Public Service Enterprise Group Enter into Negotiations for Investment in Offshore Wind Farm

Retrieved on: 
Tuesday, October 29, 2019

Today, rsted and Public Service Enterprise Group (PSEG), a leading energy company with a utility serving 2.3 million New Jersey electricity customers, announced they will enter into exclusive negotiations for PSEG to potentially become an equity investor in one of rsteds offshore wind projects.

Key Points: 
  • Today, rsted and Public Service Enterprise Group (PSEG), a leading energy company with a utility serving 2.3 million New Jersey electricity customers, announced they will enter into exclusive negotiations for PSEG to potentially become an equity investor in one of rsteds offshore wind projects.
  • Subject to permitting and final investment decision, Ocean Wind is expected to be commissioned in 2024.
    rsteds experience in the offshore wind industry has taught us the importance of strong partnerships, said Thomas Brostrm, President of rsted North America and CEO of rsted U.S. Offshore Wind.
  • It operates the Block Island Wind Farm, Americas first offshore wind farm, and has been awarded over 2,900 megawatts of capacity through six projects.
  • Public Service Enterprise Group Inc. (PSEG) (NYSE: PEG) is a publicly traded diversified energy company with approximately 13,000 employees.

Ørsted to pioneer deployment of GE’s next generation offshore wind turbine

Retrieved on: 
Thursday, September 19, 2019

Martin Neubert, Executive Vice President and CEO of rsted Offshore, says:

Key Points: 
  • Martin Neubert, Executive Vice President and CEO of rsted Offshore, says:
    We look forward to introducing the next generation offshore wind turbine to the market.
  • We are delighted to see GEs long-term commitment to offshore wind and to partner with them on our Mid-Atlantic cluster.
  • Offshore wind is a high-growth segment for our company, and like rsted, we are enthusiastic about the potential of offshore wind, both in the US and globally.
  • Following the 30MW Block Island Wind Farm Americas first offshore wind farm which was commissioned in 2016 and pioneered the 6MW Haliade turbine Skipjack and Ocean Wind will be rsteds second and third offshore wind farms to deploy turbines from GE Renewable Energy.

Bay State Wind Submits Bid to Build Offshore Wind Farm in Massachusetts

Retrieved on: 
Friday, August 23, 2019

Bay State Winds bid delivers unmatched project maturity, community investments, stakeholder collaboration and an achievable timeline for project development.

Key Points: 
  • Bay State Winds bid delivers unmatched project maturity, community investments, stakeholder collaboration and an achievable timeline for project development.
  • Bay State Wind in committed to meaningful, local investment to ensure the Massachusetts community as a whole not just some benefits from offshore wind development.
  • Bay State Wind is a proposed offshore wind project located 25 miles off the Massachusetts South Coast and 15 miles off the coast of Marthas Vineyard.
  • It operates the Block Island Wind Farm, Americas first offshore wind farm, and has been awarded over 2,900 megawatts of capacity through six projects.

New Jersey Selects Ocean Wind for State’s First Offshore Wind Project

Retrieved on: 
Friday, June 21, 2019

Today the New Jersey Board of Public Utilities (NJBPU) announced it has selected Ocean Wind, an offshore wind energy project proposed by rsted with support from PSEG, to develop an 1,100 MW offshore wind farm, that will power more than half a million New Jersey homes.

Key Points: 
  • Today the New Jersey Board of Public Utilities (NJBPU) announced it has selected Ocean Wind, an offshore wind energy project proposed by rsted with support from PSEG, to develop an 1,100 MW offshore wind farm, that will power more than half a million New Jersey homes.
  • PSEG, which serves 2.2 million electric customers in New Jersey and has a long development partnership with rsted, has an option to become an equity investor in the Ocean Wind project.
  • Ocean Wind will contribute significantly to Governor Murphys ambitious renewable energy goal of supplying more than 1.5 million New Jersey homes with offshore wind power by 2030.
  • In addition to powering homes and businesses across New Jersey, Ocean Wind will also bring significant investments to New Jersey.