Ørsted has submitted a finalized proposal for its 1,485 MW Long Island Wind project, aimed at providing renewable energy to up to one million homes in New York. This initiative is a significant addition to Ørsted’s Northeast Hub and marks a critical step in the state’s transition to clean energy.
Key Details of the Long Island Wind Project
- Commercial Operation Start: The project is set to commence operations in 2033.
- Investment Impact: Ørsted anticipates several billion dollars in in-state investments, adding to its existing commitments in New York. This includes over $700 million in direct investments for the Sunrise Wind project located in Suffolk County.
- Contingencies: The planned investments depend on the selection of Long Island Wind by the New York State Energy Research and Development Authority (NYSERDA), the successful execution of an Offshore Wind Renewable Energy Certificate agreement, and Ørsted’s final investment decision.
Quotes from Leadership
David Hardy, Group Executive Vice President and CEO for the Americas at Ørsted, stated, “America’s clean energy future is being forged right here in New York, and we’re proud to have played a pivotal role in positioning the Empire State as a national leader in offshore wind.” He emphasized the potential benefits of the Long Island Wind project, including the creation of thousands of high-quality jobs and driving substantial investment in the local supply chain.
Ørsted’s Contributions to New York’s Clean Energy Goals
Ørsted is already operating South Fork Wind, New York’s first offshore wind farm and America’s first utility-scale offshore wind project. The company is also in the process of constructing Sunrise Wind, which will be New York’s second offshore wind farm. Together, these projects are expected to meet approximately 6% of New York’s total electricity demand.
Conclusion
The Long Island Wind project demonstrates Ørsted’s commitment to supporting New York’s ambitious clean energy objectives while fostering economic growth and job creation in the region. As offshore wind energy continues to gain traction, Ørsted aims to play a leading role in advancing renewable energy in the United States.
Sources
- Ørsted Press Releases: Ørsted News
- New York State Energy Research and Development Authority: NYSERDA
- Industry Reports on Offshore Wind Energy: National Renewable Energy Laboratory
