Ørsted and Eversource Propose New Offshore Wind Farm in Rhode Island, Building on Their Leading Role in Ocean State’s Growing Offshore Wind Industry

The Main Workforce of the State’s First Offshore Wind Farms Plans Large New Investments in Native Jobs, Ports, Shipbuilding and Workforce Coaching for the New Challenge: Revolution Wind 2

RHODE ISLAND – March 13, 2023 – Rhode Island offshore wind leaders Ørsted and Eversource introduced in the present day that they’ve submitted a joint proposal in response to the state’s offshore wind request. Delivering clear, dependable renewable energy for greater than 500,000 houses in Rhode Island, the proposed 884-megawatt Revolution Wind 2 represents greater than $2 billion in direct financial advantages to the blue and inexperienced economic system in Rhode Island, together with the creation of a whole bunch of native jobs and unprecedented funding. in port enchancment and shipbuilding.

Ørsted and Eversource are main the best way in constructing a homegrown American offshore wind {industry}, and Revolution Wind 2 will additional advance the state’s management place on this rising inexperienced jobs sector. If chosen, Revolution Wind 2 will create a whole bunch of jobs; delivering vital port investments that broaden Rhode Island’s position within the offshore wind {industry}; advance environmental justice; and create inclusive coaching and profession alternatives for traditionally marginalized Rhode Islanders.

Along with Ørsted and Eversource’s Revolution Wind – the state’s first utility-scale offshore wind farm – Revolution Wind 2 will assist advance the state’s 100-percent clear power 2033 local weather aim. The carbon emissions achieved by Revolution Wind 2 could be equal to taking greater than 265,000 automobiles off New England roads.

“From the ‘begin of 5’ of America’s first offshore wind farm to the most important work already underway for Revolution Wind, we’re proud to be Rhode Island’s trusted offshore wind accomplice,” mentioned David Hardy, Group EVP and CEO Americas at Ørsted. “We’re able to convey extra good-paying jobs and reasonably priced clear power to the Ocean State, and we’re assured that our new proposal will advance Rhode Island’s local weather objectives whereas delivering on the promise of a sustainable financial engine rooted in progress. port services and run by native union staff.”

“We’re answering Rhode Island’s name for extra onshore wind power with a proposal that builds on the muse we have laid within the Ocean State with our vital investments in port infrastructure, workforce coaching and the native provide chain,” mentioned Joe Nolan, Chairman, President and CEO of Eversource Power. “Our newest proposal leverages the unparalleled mixture of our onshore, regional transmission experience with Ørsted’s intensive offshore capabilities. We commend state leaders for his or her dedication to combating local weather change and ship a clear power future for Rhode Islanders.”

If chosen, Revolution Wind 2 will ship unprecedented financial and environmental investments in Rhode Island, together with:

• Ports:
o Vital funding within the state’s present ports, together with $35 million to satisfy the Quonset Growth Company’s imaginative and prescient for a Regional Offshore Wind Logistics and Operations Hub at Quonset Level.
o New, native union jobs to help expanded building of superior ProvPort basis elements.
• Construct the ship:
o Constructing on the state’s historic shipbuilding capabilities, Revolution Wind 2 will allow the development of two new crew switch vessels in Rhode Island to serve Ørsted’s US portfolio, on prime of the 5 already constructed by Blount Boats and Senesco Marine as a part of our Wind Funding Revolution. We’re additionally planning different shipbuilding investments in Rhode Island to help the {industry}.
• Ørsted Offshore Engineering Hub Heart of Excellence:
o Ørsted to open new US Engineering Hub in Rhode Island, creating almost 75 new native engineering jobs in a state-of-the-art facility that may function Ørsted’s engineering middle of excellence within the US

Revolution Wind 2 will even make tens of tens of millions of {dollars} in direct investments to help Rhode Island’s provide chain and provider variety, workforce coaching, schooling and analysis, environmental justice and biodiversity, placement of Rhode Islanders entrance and middle.

Ørsted and Eversource are growing the 704MW Revolution Wind mission and are anticipated to begin building on the mission later this yr. Revolution Wind will present 400 megawatts of fresh, reasonably priced offshore wind energy to just about 200,000 houses in Rhode Island. The mission is predicted to be operational in 2025.

Underneath Governor McKee’s management, Rhode Island established its management position as dwelling to America’s first offshore wind farm, the Block Island Wind Farm, in addition to the state with probably the most formidable clear power targets in nation. Already, Rhode Island has change into a pacesetter in growing a homegrown offshore wind provide chain, together with a thriving {industry} hub of almost 30 Windfall CIC corporations, and the state has begun coaching the long run offshore wind workforce. In July 2022, Governor McKee introduced Rhode Island’s second aggressive offshore wind proposal. This second request marks extra momentum towards attaining Rhode Island’s 100-percent renewable by 2033 aim and the Local weather Act’s emissions discount goal.

The three way partnership between Ørsted, the main US offshore wind power accomplice, and Eversource, the most important power supplier in New England and consultants in regional power transmission, was established in 2016 and each corporations are investing within the building of American offshore wind provide chain and subsequent. technology of power staff within the nation. By way of its industry-first Nationwide Offshore Wind Settlement, the builders are the primary within the US to ensure that their offshore building will probably be accomplished by an American union workforce, underscoring the builders’ dedication to good wages. jobs, employee coaching and security.

As a part of Revolution Wind, Ørsted and Eversource have already got:
• Established a regional offshore wind basis part manufacturing facility at ProvPort, the place native union staff at the moment are constructing superior basis elements for the builders’ South Fork Wind mission.
• Partnered with two native shipyards – Blount Boats, in Warren, and Senesco Marine, in Quonset Level – to construct 5 new crew-transfer vessels to help their tasks within the Northeast. Building continues.
• Invested $1 million to ascertain a coaching partnership with the Group School of Rhode Island, Rhode Island Division of Labor and Coaching, Rhode Island Commerce, Rhode Island Constructing and Building Trades Council and Constructing Futures. The partnership will set up the primary International Wind Group (GWO) coaching certificates program within the state, at CCRI.
• Signed the primary US offshore wind helicopter settlement for brand spanking new crewed helicopters, together with a $1.8 million funding within the Quonset State Airport the place the helicopters will probably be primarily based
• Awarded contract to Boskalis for basis and offshore substations transportation and set up work for Revolution Wind and South Fork Wind , in addition to scour safety set up contracts for its mission that Revolution Wind. The contracts help the opening of Boskalis’ new workplace positioned in Windfall CIC
• Partnered with marine companies supplier Sea Companies North America, and its fishing accomplice in Rhode Island, to help secure navigation in and across the firm’s Northeast offshore wind farms

About Ørsted

A world chief in clear power, Ørsted develops, builds, and operates offshore and land-based wind farms, photo voltaic farms, power storage services, and bioenergy vegetation. Ørsted is the primary power firm on the planet with a science-based net-zero emissions goal licensed by the Science Based mostly Targets initiative.

In the USA, the corporate has roughly 650 workers and a rising portfolio of fresh power belongings and partnerships that embody offshore wind power, land-based wind power, photo voltaic, storage applied sciences and e-fuels. A pacesetter in your complete renewable power sector in the USA, Ørsted holds the highest place in offshore wind power with roughly 5 gigawatts in improvement and operates America’s first offshore wind farm, positioned on the coast of Block Island. Ørsted has a complete US land-based capability of 5 gigawatts in wind, photo voltaic, storage applied sciences and e-fuels. To be taught extra in regards to the Ørsted US enterprise, go to us.orsted.com or observe the corporate on Fb, Instagram, and Twitter (@ØrstedUS).

About Eversource

Eversource (NYSE: ES), celebrated as a nationwide chief for its company citizenship, is the #1 power firm on Newsweek’s checklist of America’s Most Accountable Corporations for 2023 and acknowledged as one in all America’s Most JUST Corporations . Eversource sends and delivers electrical energy and pure gasoline and provides water to roughly 4.4 million prospects in Connecticut, Massachusetts and New Hampshire. The nation’s #1 power effectivity supplier, Eversource leverages the dedication of roughly 9,500 workers in three states to construct a single, unified firm across the mission of safely delivering dependable power and water with superior customer support. The corporate is empowering a clear power future within the Northeast, with nationally acknowledged power effectivity options and profitable applications to combine new clear power assets similar to photo voltaic, wind and offshore, electrical autos and battery storage, within the energy system. For extra info, please go to eversource.com, and observe us on Twitter, Fb, Instagram, and LinkedIn. For extra info on our water companies, go to aquarionwater.com.

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