DONG enter American partnership
DONG Energy has partnered with New England's largest energy company Eversource Energy, which bought 50% of Bay State Wind to develop the project jointly. The project can potentially develop into a total capacity of at least two gigawatts.
"Offshore wind has great potential in the US and I am delighted that we have entered a strategic partnership with Eversource on developing our first project in New England. Offshore wind will increase the width and supply in Massachusetts' energy mix," says Samuel Leupold, Executive Vice President and CEO of DONG Energy Wind Power.
DONG Energy Wind Power U. Inc. and Eversource will jointly seek to develop, construct and operate large-scale offshore wind project in a 50/50 partnership. DONG Energy will be responsible for developing and building the project offshore production and transmission assets. Eversource will use its large transmission expertise in New England to develop and construct the transmission system on land.
In August 2016, Massachusetts adopted a comprehensive energy bill, which for the first time ever commit state utilities to purchase 1,600 MW of offshore wind power by the end of 2027. The first government procurement round, beginning in June 2017, represents a milestone for the offshore wind industry in the United States.
DONG Energy and Eversource want to play a central role by leveraging the two companies' expertise and experience to help the state to achieve its goal. The companies expect to deliver the first power in the early 2020s.
Source: DONG Energy / Maritime Denmark