US Offshore Wind Advances

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A goal to produce up to 30 GW of wind power off the US Northeast coast by 2030, potentially displacing 5 Bcf/d of gas-fired generation, advanced this week when Equinor and BP said they are constructing needed onshore infrastructure to support the effort. The companies plan to turn the South Brooklyn Marine Terminal complex into a facility capable of staging and assembling all the components for a coming offshore industry, Equinor said. The initial focus will be on Equinor and BP’s Empire Wind and Beacon Wind projects, which will supply 3.3 GW of energy (0.55 Bcf/d). The companies will invest $200 million-$250 million in infrastructure upgrades at the site in Brooklyn, New York, with an eye to developing the terminal as a low-emissions facility.

Topics:
Gas Demand, Renewable Electricity
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