Connecticut’s Public Utilities Regulatory Authority has approved Ørsted’s long-term power-purchase agreement with Eversource and United Illuminating, two Connecticut utilities, for the 200MW of energy that Revolution Wind will deliver to Connecticut.
With the power contract now finalised, Ørsted will accelerate development work on Revolution Wind. Offshore installation work on Revolution Wind will begin in 2022, with the project in operations in 2023. Offshore oceanographic and geophysical survey work already began in 2018. Deepwater Wind – now Ørsted US Offshore Wind – committed to investing at least US$ 15 million in the Port of New London to allow aspects of Revolution Wind to be constructed in New London. The company also plans to open a development office in New London and use a Connecticut-based boat builder to construct one for the project’s crew transfer vessels in Connecticut. The project is expected to create over 1,400 direct, indirect and induced jobs.