The US is moving fast to be a key part of the expanding global offshore wind industry. Bolstered by state policies, the US has the potential to become the third largest market in the world with over 25 GW of offshore wind capacity by 2035. This massive opportunity is not without challenges.
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To support New York’s position as the hub for the offshore wind industry, NYSERDA, with the assistance of NY Green Bank, Empire State Development and the New York State Department of Transportation, will support this combined solicitation by investing in and upgrading the state’s port infrastructure. The USD400 million in private and public funding is comprised of USD100 million in Empire State Development grant funding, USD100 million in low-interest financing and USD200 million in private sector matching funds.
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Massachusetts enacted a law in 2016 for the state to procure 1,600 MW of offshore wind by 2027. This move led to the beginning of competitive requests for proposals (RFPs) for long-term offshore wind energy contracts. Vineyard Wind won the 800 MW project under the first RFP organised in 2017/18. The second RFP, organised in 2019/20, also for for an 800 MW project, was won by Mayflower Wind.
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Virginia’s 12 MW Coastal Virginia Offshore Wind project, located about 27 miles off the coast of Virginia Beach, was announced in 2017. Recently, in June 2020, the project reached a major milestone with the installation of turbines in the federal waters. It is expected to be commissioned by the end of 2020.
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Electricity system operators 50Hertz (German) and Energinet (Danish) have inaugurated a hybrid offshore interconnector, the Combined Grid Solution (CGS), to integrate both German and Danish offshore wind farms. This is the first such project of its kind worldwide and is being implemented in the Baltic Sea, connecting two offshore wind substations to each other as well their existing onshore connections.
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In view of the enlarged role for offshore wind in the energy mix in the long run, UK’s policymakers and regulator have been contemplating a change in the current approach to designing and building offshore wind transmission.
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