A collaborative approach is being taken by Connecticut, Rhode Island, and Massachusetts to procure offshore wind projects in the region. Dan-Bunkering is providing a solution to challenges posed by the Jones Act. And GE Vernova is cutting tons of employees at LM Wind Power.
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Up along the East coast, there has been four developers submitting bids for a total of a little over six gigawatts of offshore wind. Along the sort of Connecticut, Massachusetts, Rhode Island, offshore area. The bidders were Avangrid Ørsted, South Coast Wind Energy, and Vineyard Offshore. Back in late last year Connecticut, Rhode Island, and Massachusetts had signed a MOU to collaborate together on offshore wind procurement, because they were all doing it separately and competing against one another, and they all had slightly different wording and contracts, and it made all the bidders confused and upset about it.
So they decided to combine them. Finally, the Massachusetts is looking for about 3. 6 gigawatts, Rhode Island about 1. 2, and Connecticut is headed for about 2 gigawatts. So Massachusetts received bids from Avangrid, South Coast Wind Energy, and Vineyard Offshore. And the final decisions on project will be decided in August, which seems like an eternity, everybody.
Rhode Island will evaluate proposals from all four bidders with a decision expected in about three months. Makes a little more sense.