Revolution Wind, LLC, a 50/50 joint venture between Global Infrastructure Partners’ Skyborn Renewables and Ørsted, announced March 13 that the Revolution Wind project has started delivering power to New England's electric grid.
Revolution Wind is a 704 MW offshore wind energy project.
The project will deliver power under fixed-price, 20-year agreements with energy utilities in Rhode Island and Connecticut, providing price certainty and stability for consumers.
“At a time of rising electricity demand, Revolution Wind supports a growing regional economy, including energy-intensive industries such as manufacturing and data centers. Once the project reaches full commercial operations, analysis from the State of Connecticut’s Department of Energy and Environmental Protection finds that Revolution Wind will save New England ratepayers as much as $500 million per year in wholesale energy costs,” Revolution Wind said.
Revolution Wind is expected to generate energy year-round, with particularly strong output expected in the winter months, when energy supplies into New England can be constrained and prices can spike.
ISO New England, the entity responsible for operating the electric grid, has noted the importance of offshore wind energy projects including Revolution Wind to the region’s grid reliability, particularly in winter.
