US Wind

Last updated
US Wind
Industry Renewable energy
Founded2011
Headquarters,
U.S.
Area served
East Coast of the United States
Products Offshore wind power
OwnerRenexia SpA
Parent Toto Holdings
Website US Wind

US Wind is an offshore wind energy development company founded in 2011. US Wind is owned by funds managed by Apollo Global Management, an American investment firm, and Renexia SpA, a subsidiary of Toto Holding SpA. [1] [2] It is headquartered in Baltimore, Maryland. [3] Since 2014, it has been involved in offshore wind farm projects in the United States.

Contents

Activities

On December 1, 2014 US Wind won the auction for 25-year leases for two Wind Energy Areas (WEA) (OCS-A 0489, and OCS-A 0490) established by the Bureau of Ocean Energy Management (BOEM) with a bid of $8.7 million. [4] On March 1, 2018, the two lease areas were administratively merged into a single lease area referred to as OCS-A 0490. [5] On May 11, 2017, US Wind won an Offshore Renewable Energy Credit (OREC) award from the Maryland Public Service Commission, enabling it to develop 248 megawatts (MW) of offshore wind in its lease area. This is referred to as the MarWin project. On December 17, 2021, US Wind won an OREC award from the Maryland PSC enabling it to develop 808.5 MW of offshore wind. This second award is referred to as the Momentum Wind project. Both projects are proposed to be developed in the merged lease area OCS-A 0490. [6] [7] [8]

Both phases were approved by Bureau of Ocean Energy Management in September 2024. [9] Onshore construction may begin in 2025 after remaining state permits are received. [10]

US Wind has committed to the development of a wind port and steel factory at Tradepoint Atlantic in Sparrows Point, Maryland. [11]

The company had also acquired a lease for the New Jersey WEA North, which it later sold. [12] [13] It also pursuing WEA leases in South Carolina. [14]

In January 2025 US Wind reached an agreement with the state of Delaware to provide $40 million in community benefits in return for renewable energy credits and underground transmission cable siting at coastal state parks. [15]

Projects

Wind farmOffshore BOEM wind energy lease areaCoordinates Capacity
(MW)
Developer/UtilityTurbinesReceiving stateState regulatory agencyReferences
MarWinOffshore Maryland
OCS-A 0490 [4]
17 nautical miles -20 miles (32 km) east of Ocean City (MD)79,707 acres (32,256 ha)248US Wind22 MD Maryland PSC [16] [17] [18] [19] [20] [21]
Momentum Wind120082 [22] [23] [24]

See also

Related Research Articles

Ørsted U.S. Offshore Wind is an offshore wind energy development group that is affiliated with Ørsted, a Danish firm. It is joint headquartered in Boston, Massachusetts and Providence, Rhode Island. As of 2019, it was involved in some of the largest offshore wind farm projects in the United States.

Bluewater Wind is an energy company on the North Atlantic Coast, United States, and in the Great Lakes Region, United States, developing offshore wind energy projects. Bluewater's staff has experience in the wind, energy, environmental, finance, public policy, and marine sectors. Bluewater Wind was part of the Babcock & Brown family of companies. and become part of NRG Energy.

<span class="mw-page-title-main">Wind power in Massachusetts</span> Electricity from wind in one U.S. state

The U.S. state of Massachusetts has vast wind energy resources offshore, as well as significant resources onshore. The 2016 update to the states's Clean Energy and Climate Plan had a goal of reducing 1990 baseline greenhouse gas emissions levels by 25% by 2020. Current goals include installing 3,500 megawatts (MW) of offshore wind power in the state by 2035. However, as of Q4 2021 the state had only 120 MW of wind powered electricity generating capacity, responsible for generating 0.9% of in-state electricity production. The state has awarded contracts to two offshore projects, the 800 MW Vineyard Wind project and 804 MW Mayflower Wind project. Construction began on the Vineyard Wind 1 project on November 18, 2021, after a long fight for approval. Commonwealth Wind was selected for development in 2021, but the developer has attempted to cancel the project due to increased costs. There are eight projects planned for off the southern coast of Massachusetts, though some will deliver power to Rhode Island, Connecticut, and New York.

Wind power in New Jersey is in the early stages of development. New Jersey has just six wind turbines, all land based, but the state has plans to develop several major offshore wind projects on the continental shelf of the Atlantic Ocean off the southern Jersey Shore. Legislation has been enacted to support the industry through economic incentives and to permit wind turbines on existing piers.

<span class="mw-page-title-main">Wind power in Delaware</span> Electricity from wind in one U.S. state

The potential of on-shore wind power in Delaware is minimal, having a potential of generating at most 22 GWh/year. Delaware's principal wind potential is from offshore wind. A 2012 assessment estimates that 15,038 MW of offshore wind turbines could generate 60,654 GWh/year. Delaware generated 11,522 GWh from all generating sources in 2011.

<span class="mw-page-title-main">Wind power in Connecticut</span> Electricity from wind in one U.S. state

The U.S. state of Connecticut has vast wind energy resources offshore as well as onshore although Connecticut was the last state in the United States to block the construction of utility scale wind turbines. Connecticut maintains a renewable portfolio standard that requires 21% of the state's electricity to come from renewable sources by 2020.

<span class="mw-page-title-main">Wind power in Maryland</span> Electricity from wind in one U.S. state

Wind power in Maryland, which has land-based and offshore resources, is in the early stages of development. As of 2016, Maryland has 191 megawatts (MW) of wind powered electricity generating capacity, responsible for 1.4% of in-state generated electricity. Two offshore wind farm projects that will supply wind-generated power to the state are underway.

Ocean Wind was a proposed utility-scale 2,248 MW offshore wind farm to be located on the Outer Continental Shelf approximately 15 miles (24 km) off the coast of Atlantic City, New Jersey. It was being developed by Ørsted US Offshore Wind in conjunction with Public Service Enterprise Group (PSE&G). Construction and commissioning were planned for the mid-2020s. The closed Oyster Creek Nuclear Generating Station and B.L. England Generating Station would provide transmission points for energy generated by the wind farm.

Skipjack is a 966 MW capacity off shore wind farm, proposed by Ørsted US Offshore Wind to be built on the Outer Continental Shelf Offshore Delaware, approximately 16.9 nautical miles from the coast opposite Fenwick Island. It was originally projected that the project, which will provide power to Maryland, would be commissioned in 2022, It is one of the wind farm projects providing wind power to Maryland, the others being MarWin and Momentum Wind.

South Fork Wind Farm is a utility-scale offshore wind farm on the Outer Continental Shelf Offshore Rhode Island, providing energy to New York state.

<span class="mw-page-title-main">Vineyard Wind</span> Offshore wind farm under construction off Massachusetts, U.S.

Vineyard Wind 1 is an offshore wind farm under construction in U.S. federal waters in the Atlantic Ocean in Bureau of Ocean Energy Management-designated Lease Area OCS-A 0520, about 13 nautical miles south of Martha's Vineyard and Nantucket, Massachusetts. The array is designed to include 62 Haliade-X wind turbines manufactured by GE Offshore Wind with a nameplate capacity of 804 MW combined, equivalent to the annual power use of 400,000 homes. The Massachusetts Department of Public Utilities approved the project in 2019. Construction began on November 18, 2021. In October 2023, the first turbine was installed. Power from the first turbine started flowing into the ISO New England grid on January 2, 2024. Construction is expected to be complete by the end of 2024.

<span class="mw-page-title-main">Coastal Virginia Offshore Wind</span> U.S. wind energy project

The Coastal Virginia Offshore Wind (CVOW) is an offshore wind energy project located about 43 km (27 mi) off the coast of Virginia Beach, Virginia, U.S. The initial phase, a two-turbine, 12-MW pilot project constructed in 2020, is the second utility scale offshore wind farm operating in the United States. Dominion Energy and Ørsted US Offshore Wind collaborated on the project, which is estimated to have cost $300 million and is expected to generate enough electricity to power up to 3,000 homes. It is the first utility scale wind farm serving Virginia and the first built in U.S. federal waters, in a wind lease area that covers about 2,135 acres.

Empire Wind is a proposed utility-scale offshore wind farm on the Outer Continental Shelf Offshore New York. It will be located in Bureau of Ocean Energy Management (BOEM) lease area OCS-A 0512 in the New York Bight about 15 miles (24 km) south of Jones Beach, Long Island.

SouthCoast Wind, formerly known as Mayflower Wind, is a proposed offshore wind farm in U.S. federal waters about 30 miles south of Martha’s Vineyard and 23 miles south of Nantucket, Massachusetts in Lease OCS-A 0521, which covers 127,388 acres. Construction is expected to start in 2025 with power delivery from the project in 2030.

<span class="mw-page-title-main">Offshore wind power in the United States</span>

Offshore wind power is in the early stages of development in the United States. In 2022, the National Renewable Energy Laboratory estimated that the country has a "technical" resource potential of 1,476 GW (fixed-bottom) and 2,773 GW (floating) offshore wind power. Offshore wind projects are under development in wind-rich areas of the East Coast, Great Lakes, and Pacific coast. The first offshore wind farm, Block Island Wind Farm, began operation in 2016. The first commercial-scale offshore wind farm, South Fork Wind in federal waters offshore Rhode Island, was fully commissioned on March 14, 2024. As of May 31, 2024, total offshore wind power was 174 MW.

Revolution Wind is a utility-scale offshore wind farm under construction on the Outer Continental Shelf Offshore Rhode Island that will provide a total of 704 MW of power, 400 MW to Rhode Island and 304 MW to Connecticut. It is set to be completed in 2026.

References

  1. "Apollo to acquire stake in renewable energy developer US Wind for $265 million". Reuters. August 14, 2020.
  2. "Apollo Infrastructure Funds Announce Strategic Investment in US Offshore Wind Developer US Wind Inc". apollo.com. August 14, 2020. Archived from the original on 2024-10-15. Retrieved 2024-11-20.
  3. "About Us". uswindinc.com. Archived from the original on 2020-09-13. Retrieved 2021-10-06.
  4. 1 2 "Maryland Activities | Bureau of Ocean Energy Management". Boem.gov. Archived from the original on 2020-06-06. Retrieved 2019-12-07.
  5. "MarWin Offshore Wind Farm". NS Energy. 28 October 2022. Retrieved 22 December 2024.
  6. Maryland PSC (19 November 2017). "Maryland PSC Awards ORECS to Two Offshore Wind Developers Projects to Create Jobs, Economic Development in New Industry" (PDF). psc.state.md. Archived (PDF) from the original on 2017-10-25. Retrieved 2024-12-19.
  7. Maryland PSC (17 December 2021). "Maryland PSC Decision Expands Offshore Wind Development" (PDF). psc.state.md. Archived (PDF) from the original on 2021-12-20. Retrieved 2024-12-19.
  8. Chris Flood (31 December 2021). "Ørsted selected to expand windfarm area off Delaware coast". capegazette.com. Archived from the original on 2021-12-31. Retrieved 2024-12-19.
  9. "Biden-Harris Administration Marks Major Milestones for Offshore Wind, Approves Tenth Project | U.S. Department of the Interior". www.doi.gov. 2024-09-05. Retrieved 2024-09-06.
  10. McVety, Molly. "Offshore wind project off Delaware, Maryland coast gets approved. Here's what comes next". The News Journal. Retrieved 2024-09-06.
  11. "US Wind to bring steel fabrication back to Sparrows Point with multi-million dollar investment". Bizjournals.com. Retrieved November 28, 2021.
  12. Stromsta, Karl-Erik (October 9, 2019). "After Early Windfall, Offshore Developer Settles In for Long Game in Maryland". Greentechmedia.com. Archived from the original on October 22, 2019. Retrieved January 4, 2020.
  13. "Shell, EDF Renewables form venture to buy offshore wind lease off New Jersey". Spglobal.com. Archived from the original on 2019-12-07. Retrieved 2019-12-07.
  14. "US Wind sells offshore lease in New Jersey to focus on Md.'s 'advanced' market". Bizjournals.com. Retrieved November 28, 2021.
  15. "Delaware signs $128m deal with US Wind". Renews.biz.
  16. "US Wind Maryland (MarWin) – Offshore Wind Farm Project | 4C Offshore". 4coffshore.com. Archived from the original on 2019-12-06. Retrieved 2019-12-07.
  17. "Maryland Offshore Wind Project". Archived from the original on 2019-12-04. Retrieved 2019-12-07.
  18. Cichon, Meg. "Third US Offshore Wind Lease Auction Goes to Italy-based US Wind Archived 2015-03-28 at the Wayback Machine " 20 August 2014. Accessed: 10 December 2014.
  19. Rentsch, Julia. "Taller, more distant turbines put Ocean City offshore wind projects back under state review". Delmarva Daily Times. Archived from the original on 2019-12-06. Retrieved 2019-12-07.
  20. "Maryland PSC Gives Go-Ahead to US Wind, Deepwater Wind Projects". Offshore Wind. May 11, 2017. Archived from the original on December 6, 2019. Retrieved December 7, 2019.
  21. "Interior Auctions 80,000 Acres Offshore Maryland for Wind Energy Development, Advances President's Climate Action Plan". Doi.gov. August 19, 2014. Archived from the original on June 7, 2020. Retrieved December 7, 2019.
  22. "Momentum Wind Offshore Wind Farm - Concept/Early Planning - United States | 4C Offshore". 4coffshore.com. Retrieved 28 November 2021.
  23. Richard, Craig. "US Wind plans 1.2GW offshore wind farm off Maryland". Windpowermonthly.com. Retrieved 28 November 2021.
  24. "Momentum Wind". Uswindinc.com. Retrieved 28 November 2021.