Nice Lakes Dredge & Dock (GLDD), along with its consortium associate Van Oord, has been knowledgeable by Empire Offshore Wind, a three way partnership between BP and Equinor, of the termination of the rock set up contract for the Empire Wind 2 offshore wind undertaking which was set to start in 2026.
In 2022, the GLDD-Van Oord consortium was contracted by Empire Wind to carry out rock set up for the Empire Wind 1 and a couple of offshore wind initiatives with set up home windows in 2025 and 2026, respectively.
Empire Wind 1 is at the moment on monitor for rock set up in 2025, stated GLDD.
“We stay up for the beginning of the Empire Wind I set up anticipated in 2025, persevering with our relationship with Equinor and bp as a most well-liked provider, and bidding on future initiatives. We proceed to pursue further alternatives together with initiatives internationally for 2026 and past,” stated Eleni Beyko, Senior Vice President of Offshore Wind at GGLDD.
Nevertheless, Empire Wind has knowledgeable the consortium that they’ve terminated the Empire Wind 2 rock set up contract that was set to start in 2026.
Termination of the Empire Wind 2 undertaking initiates a contractually obligate termination price payable to the consortium that’s supposed to cowl misplaced earnings potential associated to Empire Wind 2, stated GLDD.
As reported yesterday, 4 January, BP and Equinor have terminated their Offshore Wind Renewable Power Certificates (OREC) settlement for the 1,260 MW undertaking with the New York State.
As well as, the companions cancelled contracts signed with the Dutch offshore wind basis producer Sif and Singapore-based Seatrium for the manufacturing of monopiles and the undertaking’s offshore substation, respectively.
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The State of New York has set a purpose of creating 9 GW of offshore wind capability by 2035.
“New York stays dedicated to assembly the State’s clear vitality objectives they usually have taken steps ahead with the accelerated solicitations for brand new PPAs to permit builders to regulate costs for inflation and develop extra strong initiatives going ahead. Awards for the following solicitation spherical are anticipated in February 2024,” stated Beyko.
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