Our 2023 Sustainability Report
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We believe that offshore wind represents the most significant opportunity to decarbonize the electric generation footprint of New England.
We have been working to develop offshore wind in the Northeast in partnership with Ørsted, the world’s leading developer of offshore wind.
In 2022 we underwent a strategic business review of our offshore wind assets, which ultimately resulted in a decision to divest from this area of our business.
Nevertheless, we remain supportive of the region’s offshore wind development through contracting for power on behalf of our customers and developing innovative transmission solutions to bring offshore wind and other clean energy resources to our customers.
We are proud of the significant progress we’ve made in partnership with Ørsted to deliver clean, renewable offshore wind energy to the Northeast.
In September 2023 we closed on the sale of our 50% interest in approximately 175,000 of developable uncommitted offshore acres to Ørsted.
In January 2024, we reached an agreement to sell them our 50 percent interest in the 924-megawatt Sunrise Wind project, contingent on the successful award of the NY04 NYSERDA Offshore Wind Renewable Energy Credits Agreement request for proposal and other conditions.
On February 13, 2024, we announced that we executed a definitive agreement to sell our 50% ownership share in South Fork Wind and Revolution Wind to Global Infrastructure Partners (GIP). We expect to enter into a separate construction management agreement as a contractor to Revolution Wind to complete the onshore work that is currently underway.
Going forward, we plan to remain an integral player in this historic shift to a clean energy generation mix by focusing on our strengths as a regulated transmission builder and operator and bringing the benefits of these investments to our customers.
Located off the coast of New York, this project broke ground in early 2022. We successfully led the completion of the onshore construction scope of the project in the spring of 2023.
At the end of 2023, South Fork Wind started delivering power to the local grid in East Hampton, marking the first commercial scale offshore wind farm in the United States to begin spinning.
In March 2024, we celebrated the completion of the project, which is producing clean energy for approximately 70,000 homes.
State Pier in New London, Connecticut, played a vital role in the development of South Fork Wind.
The transformed State Pier became an offshore wind hub in 2023, with all 12 turbines for South Fork Wind being staged and assembled with support from local union workers.
Work at the pier is now under way to support the build out of Revolution Wind, Connecticut’s and Rhode Island’s first commercial scale offshore wind farm.
Revolution Wind received final approval of the project’s Construction and Operations Plan (COP) from the U.S. Department of the Interior’s Bureau of Ocean Energy Management (BOEM), which was the final decision needed to move the project toward the start of offshore construction. The onshore construction scope of the project broke ground, delivering many well-paid local union jobs for Rhode Island skilled workers.
Eversource and Ørsted are partnered with the Mystic Aquarium in Connecticut to study the relationship between offshore wind and marine wildlife. This study will allow aquarium scientists to investigate the presence and long-term phycological response of sea turtles and marine mammals before and after the construction of the three offshore wind farms.
We've also entered into an agreement with the National Wildlife Federation, Natural Recourses Defense Counsel and the Conservation Law Foundation to further enhance protections for North Atlantic right whales.
This partnership demonstrates Eversource's commitment to developing offshore wind in the most thoughtful way possible, and to mitigate potential impacts to marine wildlife and habitat.
See highlights from other sustainability areas or download the full PDF report for detailed data, graphs and more.
Read the report