New York says it is not moving forward with three offshore wind farms
Credit: April 19, 2024 | Reporting by Nichola Groom, Laila Kearney, Timothy Gardner and Nicole Jao; Editing by Chris Reese and Cynthia Osterman | reuters.com ~~
Translate: FROM English | TO English
Translate: FROM English | TO English
New York State on Friday stalled three major offshore wind-energy projects after General Electric Vernova (GE.N) changed the turbine design, which the state said “materially altered” the plans.
New York provisionally approved the projects in October 2023. They are Attentive Energy One being developed by TotalEnergies (TTEF.PA), Rise Light & Power and Corio Generation; Community Offshore Wind, which is backed by RWE (RWEG.DE), opens new tab and National Grid Ventures (NG.L); and Vineyard Offshore’s Excelsior Wind.
But since then, GE Vernova decided to move from its 18 megawatt Haliade-X turbine platform to a smaller turbine.
This caused “technical and commercial complexities” for the developers, the New York State Research and Development Authority said in a statement that announced it would not sign final contracts.
“Given these developments, no final awards will be made,” NYSRDA said, adding it will “look to advance a future competitive solicitation.”
The problem is the latest hit to U.S. offshore wind energy development, which is an important component of climate plans by President Joe Biden and numerous U.S. states.
Supply chain problems and rising interest rates over the past year have forced project cancellations and billions of dollars in writedowns by major developers.
Vineyard Offshore spokesperson Andrew Doba said the developer planned to continue to bid on new projects.
Market fears of a major escalation to hostilities in the Mideast appeared to ease.
GE Vernova said it aimed to continue working with New York, offshore developers and others to quickly scale offshore wind, and touted its alternative.
“We believe our technology will better position the industry to create jobs, and strengthen the supply chain for the next chapter of offshore wind in New York and beyond,” the company said in a statement.
Offshore wind industry group Oceantic said the news was disappointing, but it “will not impact the market’s overall fundamentals.”
Adrienne Esposito, executive director of the Citizens Campaign for the Environment, said: “Is it a bump in the road? Yes,…but we are still going to get there.”
This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.
The copyright of this article resides with the author or publisher indicated. As part of its noncommercial educational effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.
| Wind Watch relies entirely on User Funding |
 (via Stripe) |
 (via Paypal) |
Share:
[ Short URL: https://wind-watch.org/news/?p=107047 ]
