At the offshore wind auction held by the U.S. Department of Interior’s Bureau of Ocean Energy Management (BOEM) in November 2015, RES Americas Developments secured the rights to develop one of the two awarded leases.
The lease obtained comprises an area that could potentially accommodate more than 1000 MW of offshore wind in New Jersey waters. Following approval from BOEM, the lease will be taken over by DONG Energy, a global developer and operator of offshore wind farms.
However, RES Americas will continue to support development of the area as agreed upon with DONG Energy.
The New Jersey lease has a total size of 160,480 acres and is located approximately 10 nautical miles offshore. The average water depth is approximately 80 feet. It is the second U.S. lease area for DONG Energy. The acquisition of the company’s first U.S. lease area was approved by BOEM in June 2015, along the coast of Massachusetts.
“The U.S. is an interesting market for offshore wind with the potential to become a significant area for future development,” said Samuel Leupold, Executive VP of Wind Power. “With the transfer of the offshore wind development projects in the U.S., we are broadening our international scope. The site conditions are quite similar to those we currently work with in North-Western Europe, which means that the project could be developed using well-known technology.”
The information provided in this announcement does not change DONG Energy’s previous financial guidance for the 2015 financial year or the announced expected investment level for 2015 and 2016.
Thomas Brostrøm, General Manager of North America, Wind Power, said, “DONG Energy’s entry into New Jersey is extremely exciting. As the world leader of offshore wind development, I look forward to developing a pipeline of projects in the U.S. and potentially an industry.”
Filed Under: News, Offshore wind, Projects