Reports related to this article:
Project(s): View 3 related projects in PECWeb
Plant(s): View 5 related plants in PECWeb
en
Researched by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Avangrid Renewables (Orange, Connecticut), part of the multinational Iberdrola S.A. (Bilbao, Spain), has installed an offshore substation to support the Vineyard Wind 1 project, which is under construction off the coast of Massachusetts.
At some 5,000 tons, the topside and jacket for the offshore substation is the largest of its kind to be installed in the U.S., and it supports what will be the first large-scale offshore wind facility in the country. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can learn more from a detailed project report.
The sixth-largest to date for the Iberdrola Group, Avangrid's substation will serve as the land bridge to deliver 806 megawatts (MW) of renewable power, enough to meet the energy demands of an estimated 400,000 customers in Massachusetts.
"Offshore wind in the U.S. is one step closer to becoming a reality," said Pedro Azagra, Avangrid's chief executive officer, in a press release.
President Joe Biden in 2021 set a goal of installing 30 gigawatts (GW) of offshore wind energy capacity by 2030--a lofty goal, considering the U.S. is far behind its peers. Only two windfarms--Block Island off the coast of Rhode Island and the Coastal Virginia Offshore Wind Pilot Project--are in commercial service. Subscribers to Industrial Info's GMI Power Plant Database can read detailed plant profiles for Block Island and Coastal Virginia.
Combined, those two facilities produce just 42 MW of power, showing the Biden administration has its work cut out to meet its goals within the next seven years. Vineyard Wind 1 is expected to deliver first power before the end of this year.
Elsewhere this week, the Bureau of Ocean Energy Management (BOEM) identified three new wind energy areas (WEAs) off the coast of Delaware, Maryland and Virginia for potential development.
The administration believes the area set aside, an estimated 356,550 in maritime acreage, could support as much as 8 GW of wind-energy capacity, moving the U.S. closer to its objectives.
Support service firms, meanwhile, will be able to capitalize on the potential for new work orders later this month when BOEM hosts an August 29 auction for the rights to develop some 300,000 acres in the Gulf of Mexico for wind energy.
BOEM believes that acreage has the potential to support nearly 4 GW of wind energy capacity.
Headwinds are apparent, however. Avangrid reported net income over the first six months of the year of $330 million, compared to $629 million over the same period last year. The company attributed the loss in part to the impacts of regulatory approvals, suggesting the industry is beholden to bureaucratic red tape.
In a status report, the American Clean Power Association (Washington, D.C.) said that storage capacity for renewables set a record last year, and the 25 GW of clean-power installation marked the third-largest on record.
Nevertheless, the group found that various headwinds delayed more than 63 GW worth of developments.
"Project delays are primarily due to unclear permitting timelines, trade policy uncertainty, transmission shortages, difficulties sourcing solar panels, unresolved Inflation Reduction Act implementation, and interconnection queue challenges, with over 1,741 GW waiting in queues at the end of 2022," the group said.
There are only a few turbines spinning off the coast of the U.S., compared to the thousands installed off Europe and the U.K. The 1.2-GW Hornsea Project 1 facility off the British coast already was the largest in the world when operations began in December 2019. Subscribers can learn more from a detailed plant profile.
Last month, the British government signed off on Hornsea Project 4. Once all operations are completed, it alone will boast 6 GW of power capacity, enough to power 1 million homes in Britain. Industrial Info already is tracking the proposed Hornsea Project 3, which is being developed in two phases; subscribers can learn more from a detailed reports on Phase I and Phase II.
Contracts are coming to U.S. waters, as evidenced by recent developments from the likes of Avangrid. But despite lucrative incentives and lofty ambitions, offshore wind in the U.S. remains very much in the nascent stage.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
At some 5,000 tons, the topside and jacket for the offshore substation is the largest of its kind to be installed in the U.S., and it supports what will be the first large-scale offshore wind facility in the country. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can learn more from a detailed project report.
The sixth-largest to date for the Iberdrola Group, Avangrid's substation will serve as the land bridge to deliver 806 megawatts (MW) of renewable power, enough to meet the energy demands of an estimated 400,000 customers in Massachusetts.
"Offshore wind in the U.S. is one step closer to becoming a reality," said Pedro Azagra, Avangrid's chief executive officer, in a press release.
President Joe Biden in 2021 set a goal of installing 30 gigawatts (GW) of offshore wind energy capacity by 2030--a lofty goal, considering the U.S. is far behind its peers. Only two windfarms--Block Island off the coast of Rhode Island and the Coastal Virginia Offshore Wind Pilot Project--are in commercial service. Subscribers to Industrial Info's GMI Power Plant Database can read detailed plant profiles for Block Island and Coastal Virginia.
Combined, those two facilities produce just 42 MW of power, showing the Biden administration has its work cut out to meet its goals within the next seven years. Vineyard Wind 1 is expected to deliver first power before the end of this year.
Elsewhere this week, the Bureau of Ocean Energy Management (BOEM) identified three new wind energy areas (WEAs) off the coast of Delaware, Maryland and Virginia for potential development.
The administration believes the area set aside, an estimated 356,550 in maritime acreage, could support as much as 8 GW of wind-energy capacity, moving the U.S. closer to its objectives.
Support service firms, meanwhile, will be able to capitalize on the potential for new work orders later this month when BOEM hosts an August 29 auction for the rights to develop some 300,000 acres in the Gulf of Mexico for wind energy.
BOEM believes that acreage has the potential to support nearly 4 GW of wind energy capacity.
Headwinds are apparent, however. Avangrid reported net income over the first six months of the year of $330 million, compared to $629 million over the same period last year. The company attributed the loss in part to the impacts of regulatory approvals, suggesting the industry is beholden to bureaucratic red tape.
In a status report, the American Clean Power Association (Washington, D.C.) said that storage capacity for renewables set a record last year, and the 25 GW of clean-power installation marked the third-largest on record.
Nevertheless, the group found that various headwinds delayed more than 63 GW worth of developments.
"Project delays are primarily due to unclear permitting timelines, trade policy uncertainty, transmission shortages, difficulties sourcing solar panels, unresolved Inflation Reduction Act implementation, and interconnection queue challenges, with over 1,741 GW waiting in queues at the end of 2022," the group said.
There are only a few turbines spinning off the coast of the U.S., compared to the thousands installed off Europe and the U.K. The 1.2-GW Hornsea Project 1 facility off the British coast already was the largest in the world when operations began in December 2019. Subscribers can learn more from a detailed plant profile.
Last month, the British government signed off on Hornsea Project 4. Once all operations are completed, it alone will boast 6 GW of power capacity, enough to power 1 million homes in Britain. Industrial Info already is tracking the proposed Hornsea Project 3, which is being developed in two phases; subscribers can learn more from a detailed reports on Phase I and Phase II.
Contracts are coming to U.S. waters, as evidenced by recent developments from the likes of Avangrid. But despite lucrative incentives and lofty ambitions, offshore wind in the U.S. remains very much in the nascent stage.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
