Mayflower Wind Drops Anchor Offshore Massachusetts
Mayflower Wind Energy LLC, a joint venture of Shell New Energies US LLC and EDPR Offshore North America LLC, has submitted a winning bid in the second Massachusetts offshore wind solicitation.
Mayflower Wind anticipates that its 804MW ”low cost energy” project, located more than 20 miles south of Nantucket with expected start-up in 2025, will provide long term prices below the original price cap of USD 84.23/MWh, a USD 3.7 billion in electricity rate reduction over the term of the contract, and creation of up to 10,000 jobs in Massachusetts including both offshore jobs and onshore opportunities.
“Mayflower Wind is proud to have been selected to provide low cost renewable energy to Massachusetts,” said Mayflower Wind President John Hartnett.
“Development of the Mayflower Wind project will contribute to the building of an offshore supply chain on the South Coast and across the Commonwealth, helping to launch a new clean, safe and innovative sector of our economy. We look forward to working with all of our stakeholders to ensure a safe and successful project.”
Back in August, Mayflower Wind joined Vineyard Wind, a joint venture between Copenhagen Infrastructure Partners (CIP) and Avangrid Renewables and the winner of the state’s first RFP, and Bay State Wind, a 50/50 joint venture between Ørsted and Eversource, in responding to the second offshore wind solicitation in Massachusetts.
Mayflower Wind is now expected to negotiate long-term contracts with the state’s utilities by 13 December.
The long-term contracts will be submitted to the Department of Public Utilities for approval by 10 January 2020.