NYPA has filed an application with the United States Department of the Interior to lease an offshore site at least 13 miles south of New York City and the western end of Long Island.
â€œThis is tremendously exciting news for New York and for the entire renewable energy industry,â€ said William M. Moore, Deepwater Windâ€™s CEO. â€œWe congratulate the state of New York for taking this bold and important step to advance offshore wind development.
â€œDeepwater Wind will submit a bid in this state competition,â€ Moore added. â€œWe have invested considerable resources over the last several years in preparing our proposal for a utility-scale wind farm to serve New York City and Long Island, and weâ€™re eager and ready to move forward.â€
In addition to Deepwater Windâ€™s bid to build the utility-scale wind farm, Deepwater Wind is developing an innovative, high-voltage transmission system connecting the offshore wind farm to both New York and northern New Jersey. This transmission system â€“ the SMRT Line (Submarine Regional Transmission Line) â€“ will allow Deepwater Wind to supply New York with â€œfirm power,â€ delivering a steady, reliable energy flow to New York, just like a base load plant.
Deepwater Wind has already identified and applied for interconnection positions for SMRT Line in New York City, Long Island, and New Jersey. SMRT Line is currently being studied by the New York Independent System Operator and the PJM Interconnection.
â€œBy combining a utility-scale offshore wind farm with a regional transmission network, we can deliver firm power to address the areaâ€™s electricity demand, and be part of a broader strategy to replace the Indian Point nuclear plant with renewable and other sources of energy at costs that would be close to competitive with new fossil fuel generation,â€ Moore said.
For several years, DWW has been actively developing utility-scale offshore wind projects to serve NYC and Long Island, including one planned for the site nominated by the NYPA Collaborative. DWW has completed numerous environmental, construction and interconnection feasibility, wind resource and market impact studies for this site.
Offshore wind represents the areaâ€™s most abundant and cost-effective clean energy resource. The development of offshore wind will create a new sustainable maritime industry in New York City and will ensure that the ratepayerâ€™s dollars are reinvested in the economy of New York City and Long Island.
About Deepwater Wind
Deepwater Wind is a Providence, Rhode Island-based offshore wind developer. The Company is led by a veteran management team with extensive experience in developing renewable-energy projects in the northeastern United States. The Company is actively planning offshore wind projects to serve multiple East Coast markets located 15 to 25 miles offshore, including Massachusetts, Rhode Island, New York and New Jersey. For its projects serving New Jersey, Deepwater Wind has formed Garden State Offshore Energy in partnership with PSEG Global, a wholly owned subsidiary of PSEG (NYSE:PEG – News). The Block Island Wind Farm, one of two Rhode Island offshore wind farms being developed by Deepwater Wind, is on target to become the nationâ€™s first offshore wind farm. Visit www.dwwind.com for more info.