wiredInUSA July 2019

Wind power PPAs M A K I N G T H E NEWS

Rhode Island state regulators have approved a 20-year power purchase agreement (PPA) for the power delivered by an offshore wind joint venture of Ørsted and Eversource Energy. The Rhode Island public utilities commission approved the PPA with National Grid for 400MW in wind power capacity from the Revolution Wind project. Project developer DWW Rev 1 LLC is a joint venture of New England utility Eversource and Ørsted US Offshore Wind. “We’re ready to get to work to deliver dramatically more offshore wind energy, jobs and energy savings to Rhode Island,” said Thomas Brostrøm, CEO of Ørsted US Offshore Wind, and president of Ørsted North America. “We’re proud to be Rhode Island’s partner in a project that builds upon the success of the Block Island wind farm to now truly transform the state’s energy future.”

Construction work on Revolution Wind could begin as early as 2020, with offshore installation starting in 2022 and the project in operation by 2023. Offshore oceanographic and geophysical survey work began in 2018. “Rhode Island is making tremendous strides in achieving the state’s ambitious clean energy goals. With Revolution Wind set to deliver a quarter of the state’s total electric load, offshore wind is poised to become a major component of the state’s energy mix,” said Lee Olivier, Eversource executive vice president for enterprise energy strategy and business development. The state of Connecticut has also contracted for 300MW from Revolution Wind in a PPA.

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wiredInUSA - July 2019