The Maryland Public Service Commission has awarded a 20-year Offshore Renewable Energy Certificate (OREC) to Ørsted’s Skipjack Wind 2 Offshore Wind Farm with a capacity of 846 MW.
Ørsted will build Skipjack Wind 2 and the previously awarded Skipjack Wind 1 (120 MW) as one project with expected commissioning in 2026. The 2026 OREC price for Skipjack Wind 2 in 2012 levelised terms is USD 71.61 per MWh with a 3 % annual escalator. Subject to contract signing and Ørsted’s final investment decision, Ørsted expects to commission Skipjack Wind 2 in 2026.