New York Governor Kathy Hochul as we speak introduced the graduation of development on New York’s largest offshore wind undertaking, Dawn Wind. Developed by Ørsted, the 924-megawatt capability undertaking can generate sufficient energy for about 600,000 properties.
“We’re rising New York’s inexperienced financial system, constructing clear power, and increasing financial alternatives for all New Yorkers,” Governor Hochul mentioned. “By breaking floor on Dawn Wind and advancing the following wave of offshore wind tasks, New York is passing an incredible milestone to fight local weather change. These tasks will create good-paying union jobs and exhibit that New York is main the nation in constructing the offshore wind trade.”
The Dawn Wind undertaking will create over 800 jobs throughout development and produce important financial advantages, together with a $700 million funding in Suffolk County. The undertaking, positioned roughly 30 miles east of Montauk, New York, will connect with New York’s electrical energy grid on the Holbrook Substation in Brookhaven. The offshore wind farm will encompass 84 wind turbine mills. Completion is slated for 2026.
Dawn Wind has accomplished all main federal and state allowing milestones and obtained approval of its Development and Operations Plan from the U.S. Division of the Inside’s Bureau of Ocean Power Administration on June 21, 2024.
This milestone builds on a number of important offshore wind developments for New York State in 2024, together with the completion of the primary utility-scale offshore wind farm within the U.S., Ørsted’s South Fork Wind, the finalization of contracts from New York’s fourth offshore wind solicitation, and the beginning of development on the South Brooklyn Marine Terminal.
“Immediately’s shovels within the floor, paired with the launch of New York’s fifth offshore wind solicitation, marks yet one more step ahead in advancing offshore wind in New York State, and realizing the potential of this powerhouse trade in accelerating the State’s power transition and rising our financial system,” mentioned NYSERDA President and CEO Doreen M. Harris.
The announcement additionally included the launch of New York’s fifth offshore wind solicitation, managed by NYSERDA, to help the state’s renewable trade. The solicitation contains provisions for inflation indexing, labor, stakeholder engagement, and commitments to deprived communities.
“Dawn Wind builds on the momentum from South Fork Wind as we ship jobs, financial improvement, and clear energy for tons of of 1000’s of New York properties and companies,” mentioned David Hardy, Group EVP and CEO Americas at Ørsted. “We’re efficiently standing up a brand new American power trade because of the excellent management of the Hochul and Biden-Harris Administrations.”
Earlier this month, Ørsted accomplished the acquisition of Eversource’s 50% share of Dawn Wind for $152 million, giving Ørsted full possession within the undertaking.
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