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Released March 28, 2024 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--The grid operator for New York state, New York Independent System Operator (NYISO), reported that the state obtained record hourly levels of wind and solar generation on separate days earlier this month. Renewable energy only seems set to increase its share in New York's power mix as new facilities come online to help meet the state's goal of having net-zero emissions by 2040. A substantial leap in New York's renewable energy is now expected in a couple of years with this week's federal approval of the Sunrise offshore windfarm, which will send power to New York's grid.
NYISO reported that solar facilities in New York provided 3,832 megawatts (MW) of power for an hour on March 12, accounting for 21% of the power load. The previous record was 3,744 MW, which was set last month. The hourly wind record was achieved March 9, when windfarms provided 2,176 MW of power, accounting for 12% of New York's electrical load. The previous record, set in December, was 2,134 MW.
The wind power record came around the time that Danish renewable energy developer Ørsted A/S (Fredericia) announced that all turbines of the South Fork offshore windfarm were up and running, sending 132 MW of wind energy to New York's grid. For more information, see March 15, 2024, article - Ørsted Completes U.S. Offshore Windfarm, Divests Stake in Onshore Wind Assets.
And Ørsted is set to further increase its share in the state's power mix with the Sunrise offshore windfarm, which received a green light from federal government earlier this week. The U.S. Bureau of Ocean Energy Management (BOEM) on Wednesday concluded its National Environmental Policy Act review process for the windfarm, a step which precedes the anticipated approval of the development's construction and operations plan, which is expected this summer.
Ørsted and co-owner Eversource Energy (NYSE:ES) (Hartford, Connecticut) confirmed that they had made a positive final investment decision on the project after the BOEM's approval and would begin onshore construction soon. Ørsted intends to acquire Eversource's 50% stake in the project, although Eversource still will head up onshore work on the project. Ørsted also is negotiating final terms with New York for the project's 25-year power contract. As offshore wind development costs have risen sharply over the past few years, New York has allowed offshore developers to renegotiate contracts to more favorable terms in order to help these projects afloat.
The Sunrise windfarm is the seventh offshore wind facility to be approved by the federal government, which has set the goal of establishing 30 gigawatts of offshore wind by 2030. The BOEM selected an alternative plan for the project that uses fewer turbines than the developers' primary proposed plan. Up to 84 wind turbines can be built in the lease area, which will provide about 924 MW of power, making it the nation's largest offshore when it is completed, although this probably will be eclipsed by larger future projects. The lease area is about 27 nautical miles from Montauk, Long Island, and about 16.4 nautical miles south of Martha's Vineyard, Massachusetts.
Turbine installation is expected to begin later this year, putting the facility on track for completion in 2026 or 2027. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here for more details on the project.
New York also is set to receive more energy from onshore wind and solar developments as well. Industrial Info is tracking more than $28 billion worth of active onshore renewable energy projects in the state, although not all of these will make it to construction. Currently under construction is EDF Renewable Energy North America's (San Diego, California) Morris Ridge solar farm near Mount Morris, about 60 miles east of Buffalo. Engineering, procurement and construction firm Blattner Energy Incorporated (Avon, Minnesota) is adding more than 368,000 solar panels on a fixed-tilt racking system that will provide 177 MW of power when completed this fall. Subscribers can learn more by viewing the project report.
While Industrial Info is not tracking any onshore wind projects presently under construction in the state, a couple of projects are set to kick off later this year. One of these comes from U.S. renewable energy giant Invenergy LLC (Chicago, Illinois) in the form of its planned Alle-Catt Windfarm near Farmersville Station, about 50 miles southeast of Buffalo. The windfarm will use more than 80 turbines to provide between 350 and 400 MW of power. Construction is expected to begin this fall, putting the facility on track for completion by the end of 2026. Subscribers can click here to learn more.
Subscribers to Industrial Info's GMI Power Project Database can click here to view reports for all of the projects discussed in this article and click here to see the related plant profiles.
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).
NYISO reported that solar facilities in New York provided 3,832 megawatts (MW) of power for an hour on March 12, accounting for 21% of the power load. The previous record was 3,744 MW, which was set last month. The hourly wind record was achieved March 9, when windfarms provided 2,176 MW of power, accounting for 12% of New York's electrical load. The previous record, set in December, was 2,134 MW.
The wind power record came around the time that Danish renewable energy developer Ørsted A/S (Fredericia) announced that all turbines of the South Fork offshore windfarm were up and running, sending 132 MW of wind energy to New York's grid. For more information, see March 15, 2024, article - Ørsted Completes U.S. Offshore Windfarm, Divests Stake in Onshore Wind Assets.
And Ørsted is set to further increase its share in the state's power mix with the Sunrise offshore windfarm, which received a green light from federal government earlier this week. The U.S. Bureau of Ocean Energy Management (BOEM) on Wednesday concluded its National Environmental Policy Act review process for the windfarm, a step which precedes the anticipated approval of the development's construction and operations plan, which is expected this summer.
Ørsted and co-owner Eversource Energy (NYSE:ES) (Hartford, Connecticut) confirmed that they had made a positive final investment decision on the project after the BOEM's approval and would begin onshore construction soon. Ørsted intends to acquire Eversource's 50% stake in the project, although Eversource still will head up onshore work on the project. Ørsted also is negotiating final terms with New York for the project's 25-year power contract. As offshore wind development costs have risen sharply over the past few years, New York has allowed offshore developers to renegotiate contracts to more favorable terms in order to help these projects afloat.
The Sunrise windfarm is the seventh offshore wind facility to be approved by the federal government, which has set the goal of establishing 30 gigawatts of offshore wind by 2030. The BOEM selected an alternative plan for the project that uses fewer turbines than the developers' primary proposed plan. Up to 84 wind turbines can be built in the lease area, which will provide about 924 MW of power, making it the nation's largest offshore when it is completed, although this probably will be eclipsed by larger future projects. The lease area is about 27 nautical miles from Montauk, Long Island, and about 16.4 nautical miles south of Martha's Vineyard, Massachusetts.
Turbine installation is expected to begin later this year, putting the facility on track for completion in 2026 or 2027. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here for more details on the project.
New York also is set to receive more energy from onshore wind and solar developments as well. Industrial Info is tracking more than $28 billion worth of active onshore renewable energy projects in the state, although not all of these will make it to construction. Currently under construction is EDF Renewable Energy North America's (San Diego, California) Morris Ridge solar farm near Mount Morris, about 60 miles east of Buffalo. Engineering, procurement and construction firm Blattner Energy Incorporated (Avon, Minnesota) is adding more than 368,000 solar panels on a fixed-tilt racking system that will provide 177 MW of power when completed this fall. Subscribers can learn more by viewing the project report.
While Industrial Info is not tracking any onshore wind projects presently under construction in the state, a couple of projects are set to kick off later this year. One of these comes from U.S. renewable energy giant Invenergy LLC (Chicago, Illinois) in the form of its planned Alle-Catt Windfarm near Farmersville Station, about 50 miles southeast of Buffalo. The windfarm will use more than 80 turbines to provide between 350 and 400 MW of power. Construction is expected to begin this fall, putting the facility on track for completion by the end of 2026. Subscribers can click here to learn more.
Subscribers to Industrial Info's GMI Power Project Database can click here to view reports for all of the projects discussed in this article and click here to see the related plant profiles.
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).
