Equinor and bp Bid for Third New York Offshore Wind Solicitation
NEW YORK–(BUSINESS WIRE). renewable energy.
Equinor and bp’s bid, submitted to the New York State Energy Research and Development Authority (NYSERDA) in response to the state’s recent offshore wind tender, would provide New York with renewable energy from the Beacon Wind lease approximately 60 miles away 2 cater to the eastern tip of Long Island.
Capable of generating 1,360 megawatts of offshore wind energy, Beacon Wind 2 has the potential to power approximately one million New York homes, generate more than $11 billion in new economic activity in the state over the project lifecycle, and create thousands of jobs. Power from Beacon Wind 2 would complement the 3.3 GW of potential offshore wind generation capacity for New York State currently being developed by Equinor and bp with the Empire Wind 1 and 2 and Beacon Wind 1 projects. One of the most mature projects offered for NY3, Beacon Wind 2 is on track to help New York achieve its goal of generating at least 70% of the state’s electricity from renewable energy sources by 2030.
Beacon Wind recently acquired the Astoria Gas Turbines site, which has the potential to bring offshore wind from Beacon Wind 1 and Beacon Wind 2 directly to New York City and convert the site into The Astoria Gateway for Renewable Energy, making Queens a the country’s energy transition plays a leading role.
Equinor and bp’s proposal includes new manufacturing facilities capable of creating game-changing renewable energy career opportunities in the capital region and creating a new vision for creating a manufacturing hub in the region. The proposal includes a facility to manufacture cable components for offshore wind projects both locally and globally. In addition, Equinor and bp, in partnership with offshore wind turbine manufacturers, are proposing to support the establishment of state-of-the-art facilities in New York State to manufacture wind turbine components such as blades and nacelles. These significant new manufacturing and supply chain initiatives build on the companies’ current investments in the New York supply chain and solidify the state’s leadership in developing a domestic offshore wind industry.
“Equinor and bp are committed to building on the significant experience we have gained through our work in New York over the past five years to bring more offshore wind power to the state,” said Molly Morris, President of Equinor Wind US . “The commitments and opportunities we have outlined in this offering are based on our team’s ongoing efforts to develop offshore wind energy for the state. Our deep understanding of the workers, communities and economic opportunities associated with this emerging industry allows us to invest in New York where it matters most. There is a tremendous opportunity here to leverage the maturity, efficiency and knowledge related to our current work, and we welcome the opportunity to deepen our work with New York to bring these exciting new initiatives to fruition and help the state to take its renewable energy goals to the next level.”
Matthias Bausenwein, bp’s Senior Vice President Offshore Wind, said: “This offering is another example of how bp and Equinor are stepping into action to generate cleaner energy and help states achieve their offshore wind goals. We are already advancing 3.3 GW of planned offshore wind projects for New Yorkers. Our bid for Beacon Wind 2 would allow us to produce even more renewable energy for the state while continuing to invest in its economy, workforce and manufacturing sector.
bp and Equinor have the skills, resources and experience to deliver on this vision. Together with the state, we can produce the energy that New Yorkers need, the way they want it.”
The bid includes significant support for New York’s goal of ensuring that all New Yorkers benefit from offshore wind energy. Equinor and bp’s proposal includes investing $50 million in pioneering a regional collaboration of community organizations, NGOs, local and state colleges and training institutions to help workers gain the skills and support needed to participate in New Participate in and benefit from York’s growing offshore wind industry. The funds would be earmarked for providing awareness, mentoring and coaching, and accessibility and employment opportunities in historically marginalized communities — including training programs for industrial workers, capacity-building programs for minority/women-owned businesses (MWBE), and programs at educational institutions across the state.
The companies’ proposal deepens their commitment to strengthening New York’s port infrastructure and sustaining hundreds of long-term jobs and significant economic activity. It also includes options to accelerate New York’s renewable energy transition with energy storage to reduce emissions, support grid resiliency, and the potential for bp pulse, bp’s global electrification business, to install up to 1,000 ultra-fast electric vehicle (EV) charging stations in New York State by 2030.
If accepted, the proposal would bring Equinor and bp’s total commitments to community service and environmental monitoring in New York to over $150 million, including approximately $90 million in investments in community service, people development and environmental initiatives that already as part of Empire 1 and 2 and Beacon 1 projects.
Equinor Renewables USA
equinor is one of the largest offshore wind developers in the world. His work in the United States includes the development of two leases off New York, Empire Wind and Beacon Wind. The projects plan to provide New York State with 3.3 gigawatts (GW) of power – enough to power nearly two million homes – including more than 2 GW from Empire Wind and 1,230 megawatts from Beacon Wind 1. www.equinor.com/NY
bp in the US
bp’s goal is to become a net zero company by 2050 or sooner and help the world reach net zero. bp has a larger economic footprint in the United States than anywhere else in the world, investing more than $130 billion in the economy and supporting approximately 245,000 jobs. For more information on bp in the US, see www.bp.com/us.
About Beacon Wind
Beacon Wind is being developed by Equinor and bp and is planned for 128,000 acres in federal waters between Cape Cod and Long Island. The leased area was acquired in 2019 and will be developed in two phases. Beacon Wind 1 is on track to deliver over 1.2 GW of renewable energy directly to New York City by the late 2020s – enough to power approximately 1 million homes. Beacon Wind 2 has the capacity to generate at least an additional 1.2 GW of clean power for consumers in the Northeast US. www.beaconwind.com
About Empire Wind
Empire Wind is being developed by Equinor and bp as part of their 50:50 strategic partnership in the US. Empire Wind will power more than 1 million homes and generate 2.1 GW of electricity. For more information, please visit www.empirewind.com.