Equinor’s NY deal ‘quantum leap forward’ for US wind
Equinor’s latest offshore wind power deal with New York state has been described as a momentous development for renewable energy production in the US
Equinor was selected by the state of New York to develop two large-scale offshore wind power facilities last week, the largest such deal by a US state. Empire Wind 2 will provide generation capacity of 1260MW, while Beacon Wind 1 will have a generation capacity of 1230MW. These are the second and third offshore wind projects agreed between Equinor and New York state. Equinor won the state’s first large-scale competitive offshore wind in 2019, the 816MW Empire Wind 1 facility. Equinor tells Transition Economist that the 3.3GW to be produced when all three offshore wind power facilities are in full production would be enough to power 1.8mn homes. It also confirms that Empire Wind 2 is schedule
Also in this section
25 April 2024
Carbon capture rates forecast to rise steadily from end of decade, but policy tools to drive large-scale deployment have yet to take shape, according to DNV
23 April 2024
Europe must unlock cross-border CO₂ trade if it wants to build a viable CCS sector for the long term
16 April 2024
US and European oil majors snap up smaller players and look to accelerate development in a region deemed to possess all the key elements for successful CCUS deployment
15 April 2024
Demand for credits seen rising 20% this year despite issues around integrity and standardisation