(Reuters) - The U.S. has no large-scale commercial wind farms in operation today, but President Joe Biden's administration aims to have 30 gigawatt ...
STORY CONTINUES BELOW THESE SALTWIRE VIDEOS - The U.S. has no large-scale commercial wind farms in operation today, but President Joe Biden's administration aims to have 30 gigawatt installed by 2030 to help decarbonize the power sector and revitalize domestic manufacturing.
That compared with $24 to $96 for utility-scale solar, $24 for onshore wind and $39 to $101 for combined cycle gas. OCEAN WIND 1&2In January, Orsted became the sole owner of the project off southern New Jersey by acquiring the remaining stake from Public Service Enterprise Group. REVOLUTION WINDThe 704-MW project owned by Orsted and New England utility Eversource Energy is expected to deliver 400 MW power to Rhode Island and 304 MW to Connecticut from 2025-2026.
COASTAL VIRGINIA OFFSHORE WIND The 2,600-MW project owned by U.S. utility Dominion Energy is scheduled to start construction off the coast of Virginia Beach in 2024, pending the federal approval, and to be completed in late 2026. Dominion built the first phase of the project - a two-turbine, 12-MW pilot in 2020.
The owners said the adjustments were needed to maintain the current project schedule with the 816-MW Empire Wind 1 and 1,260-MW Empire Wind 2 aiming to start operations in 2027-2028. They paid local utilities about $60 million to get out of contracts, but said they planned to re-bid in the state's next offshore wind solicitation.
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