” New York selected Sunrise Wind as the preferred bidder for an 880MW offshore wind farm. Sunrise Wind has now signed a 25-year OREC purchase-and-sale agreement with the New York State Energy Research and Development Authority (NYSERDA).
The Sunrise Wind project has an average all-in development cost of USD80.64 per MWh (2018 prices) with an expected average OREC cost of USD22.62 per MWh.
Sunrise Wind is a 50-50 partnership between Ørsted, the world’s leading offshore wind developer, and Eversource, New England’s largest energy company. Subject to Ørsted’s and Eversource’s final investment decision, the offshore wind farm is expected to be operational in 2024.
Martin Neubert, Executive Vice President and CEO of Ørsted Offshore, says:
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Orsted. GlobeNewswire 23 October 2019.