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Released June 06, 2024 | SUGAR LAND
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Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--A marine terminal in Brooklyn, New York, is on the cusp of becoming home to the first dedicated port that supports offshore wind in the U.S. market, a developer said.
Norwegian energy company Equinor (NYSE:EQNR) (Stavanger, Norway) is helping to develop the Empire Wind facility off the coast of New York. The company said Tuesday that transforming the South Brooklyn Marine Terminal was an integral component of the overall structure.
Doreen Harris, the president and chief executive officer at the New York State Energy Research and Development Authority (NYSERDA), said in a statement that the port could serve as a hub for future offshore wind projects.
"NYSERDA applauds Equinor for its ongoing commitment to investing in New York's green economy, including the redevelopment of South Brooklyn Marine Terminal, and helping to stand up New York's offshore wind industry one significant milestone at a time," she said.
New York City, along with Equinor, British energy company BP (NYSE:BP) (London, England) and port authorities, agreed last month to upgrade the terminal to support power infrastructure for Empire Wind, heavy lift platforms and other developments.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can learn more by viewing the project report.
New York Mayor Eric Adams said the facility is expected to generate some $1.3 billion in investments annually as it builds up a new industry for the region. From just Empire Wind, the Norwegian company itself expects to see some 1,000 new jobs created during the construction phase.
The port will serve as the operations and maintenance center for Empire Wind, along with other East Coast installations. It's also being built with a low-carbon footprint in mind, supporting both solar power and charging stations for electric vehicles.
The city itself is backing the port terminal with $57 million in investments. And while New York is setting the stage for onshore support, Danish energy company Ørsted A/S (Fredericia) last month christened the first-ever U.S.-built service vessel, the ECO Edison, that will serve as a platform for maintenance of offshore wind facilities.
Work is progressing, meanwhile, on Empire Wind, situated about 20 miles off the coast of Long Island. Combined with a second phase, the facility will boast a peak capacity of nearly 2.1 gigawatts (GW), enough to meet the energy demand of 1 million New Yorkers.
Equinor on Tuesday solidified its commitment to the project by securing a sales and purchase agreement with the NYSERDA for the power generated by Empire Wind.
"Empire Wind 1 is a defining project for Equinor, and the PSA agreement is an important milestone in de-risking and ensuring a robust path forward as we work toward delivering first power," said Molly Morris, the president of Equinor Renewables America.
Still in its infancy, the first commercial-scale offshore windfarm in U.S. territorial waters officially opened in March when Ørsted and utility company Eversource Energy (NYSE:ES) (Hartford, Connecticut) started operations at the 128-megawatt South Fork windfarm off the coast of New York.
President Joe Biden set a goal of establishing 30 GW of offshore wind energy by 2030 and another 15 GW in floating offshore capacity by 2035. New York state expects to see 9 GW of offshore wind energy by 2035.
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) 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 over 200,000 current and future projects worth $17.8 Trillion (USD).
Norwegian energy company Equinor (NYSE:EQNR) (Stavanger, Norway) is helping to develop the Empire Wind facility off the coast of New York. The company said Tuesday that transforming the South Brooklyn Marine Terminal was an integral component of the overall structure.
Doreen Harris, the president and chief executive officer at the New York State Energy Research and Development Authority (NYSERDA), said in a statement that the port could serve as a hub for future offshore wind projects.
"NYSERDA applauds Equinor for its ongoing commitment to investing in New York's green economy, including the redevelopment of South Brooklyn Marine Terminal, and helping to stand up New York's offshore wind industry one significant milestone at a time," she said.
New York City, along with Equinor, British energy company BP (NYSE:BP) (London, England) and port authorities, agreed last month to upgrade the terminal to support power infrastructure for Empire Wind, heavy lift platforms and other developments.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can learn more by viewing the project report.
New York Mayor Eric Adams said the facility is expected to generate some $1.3 billion in investments annually as it builds up a new industry for the region. From just Empire Wind, the Norwegian company itself expects to see some 1,000 new jobs created during the construction phase.
The port will serve as the operations and maintenance center for Empire Wind, along with other East Coast installations. It's also being built with a low-carbon footprint in mind, supporting both solar power and charging stations for electric vehicles.
The city itself is backing the port terminal with $57 million in investments. And while New York is setting the stage for onshore support, Danish energy company Ørsted A/S (Fredericia) last month christened the first-ever U.S.-built service vessel, the ECO Edison, that will serve as a platform for maintenance of offshore wind facilities.
Work is progressing, meanwhile, on Empire Wind, situated about 20 miles off the coast of Long Island. Combined with a second phase, the facility will boast a peak capacity of nearly 2.1 gigawatts (GW), enough to meet the energy demand of 1 million New Yorkers.
Equinor on Tuesday solidified its commitment to the project by securing a sales and purchase agreement with the NYSERDA for the power generated by Empire Wind.
"Empire Wind 1 is a defining project for Equinor, and the PSA agreement is an important milestone in de-risking and ensuring a robust path forward as we work toward delivering first power," said Molly Morris, the president of Equinor Renewables America.
Still in its infancy, the first commercial-scale offshore windfarm in U.S. territorial waters officially opened in March when Ørsted and utility company Eversource Energy (NYSE:ES) (Hartford, Connecticut) started operations at the 128-megawatt South Fork windfarm off the coast of New York.
President Joe Biden set a goal of establishing 30 GW of offshore wind energy by 2030 and another 15 GW in floating offshore capacity by 2035. New York state expects to see 9 GW of offshore wind energy by 2035.
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) 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 over 200,000 current and future projects worth $17.8 Trillion (USD).
