March 28, 2024 — Experts are predicting strong participation in the New England regional offshore wind energy solicitation due to close today. Announced in October 2023, the program coordinated the next phase of wind energy projects between Connecticut, Massachusetts, and Rhode Island and was designed to counter some of the pressures that slowed the industry’s progress in 2023.
Where companies including Ørsted were moving to withdraw from projects and canceling power purchase agreements in 2023, the same companies are now aggressively bidding for the next round of projects. Ørsted, Avangrid, and Copenhagen Infrastructure Partners each announced their entries citing a long list of regional benefits and planned investments.
Reuters was quoting experts saying that other companies were likely to enter bids today. Engie is expected to make a proposal according to Reuters. Both BP and EDP are also in a position to possibly submit proposals. The regional, multi-state solicitation calls for as much as 6.8 GW of wind energy capacity.