We have secured at least 4,000 megawatts (MW) of offshore wind development opportunity in the Northeast in partnership with Ørsted, the world’s leading developer of offshore wind.
We continue to evaluate opportunities to maximize the value of our wind investments in partnership with states throughout the Northeast, and currently have the ability to more than double our commitment to offshore wind capacity within our existing lease areas — providing enough clean, renewable energy to power up to 2 million homes.
Our leases offer significant competitive advantages, which include close proximity to the shore with shallow water and interconnection points in New England and New York.
In addition to these projects, many additional offshore wind projects in New England are planning to interconnect to our transmission system, allowing us to provide customers with even more clean, renewable energy while decarbonizing the electricity sector to meet state climate goals.
South Fork Wind received final approval in January 2022, the culmination of a multiyear effort, to begin construction of New York’s first offshore wind farm, expected to be complete in late 2023. This was only the second utility-scale federal approval in the country. We are currently leading onshore construction of this 130 MW offshore wind project, which will power approximately 70,000 homes once completed.
Additional projects in the permitting stage of development include Sunrise Wind and Revolution Wind, both of which will be built off the coasts of Massachusetts and Rhode Island. Together, these projects will provide approximately 1,760 MW of clean, renewable energy — enough to power more than 1 million homes across the region.
Offshore Wind Projects
Our offshore wind projects offer many benefits that go beyond the delivery of clean energy to the grid. They also generate valuable economic impacts, such as the development of innovative technology, new manufacturing and job creation that includes local, union labor.
- South Fork will use the first American-made, utility-scale offshore wind substation, and will create 350 jobs across three states to support its fabrication.
- We are building a new facility at the Port of Providence in Rhode Island, which will soon be used to support the fabrication of advanced foundation components integral for our portfolio of offshore wind farms.
- Sunrise Wind will be the first to use high-voltage direct current technology, which is more efficient over long distances than alternating current.
- We have partnered with Sea Services North America, a fishing consortium, to support safe navigation in and around our offshore wind farms.
- We have signed an $86 million supply chain contract with Riggs Distler & Company, Inc., to construct advanced foundation components for Sunrise Wind’s wind turbines at New York's Port of Coeymans.
- Eversource and Ørsted announced an agreement to charter Dominion Energy's Charybdis, the first Jones Act-qualified offshore wind turbine installation vessel built in the U.S. Charybdis is expected to be sea-ready by late 2023 and will first be deployed out of New London harbor in Connecticut to support the construction of Revolution Wind and Sunrise Wind.