New York State governor Andrew M. Cuomo has announced Equinor’s Empire Wind as one of the winners in the State’s first large-scale competitive offshore wind solicitation.
Two years after Equinor secured a 80,000-acre lease area in the New York Bight for Empire Wind the company has been selected to negotiate a long-term contract with the New York State Energy Research and Development Authority (NYSERDA) for offshore wind renewable energy certificates (ORECs). The award remains subject to the execution of the OREC purchase and sale agreement. The 816MW project is expected to be developed with 60-80 wind turbines, with an installed capacity of more than 10MW each. Total investments will be approximately US$ 3 billion, and the project will be able to power over 500,000 homes in New York, with an expected start up in late 2024.
