KUALA LUMPUR, Dec 20 (Bernama) -- EDF Renewables North America and Shell New Energies US LLC (Shell) formed a joint venture -- Atlantic Shores Offshore Wind, LLC -- to co-develop OCS-0499 lease area within the New Jersey Wind Energy Area (WEA).
Atlantic Shores Offshore Wind, LLC will begin working to complete a site assessment plan and initiate formal development efforts on the site and subject to a positive final investment decision which will bring the wind farm into operation by the mid-2020s, a statement said.
The lease area holds the potential to produce approximately 2,500 megawatts (MW) of offshore wind energy – enough to power close to one million homes. It also comprises 183,353 acres about eight miles off the coast of Atlantic City on the U.S. Outer Continental Shelf (OCS).
The area also offers strong and steady wind resources in relatively shallow water, close to large population centers with associated electricity demand.
“The opportunity supports the EDF Group’s aim to double global renewable capacity to 50 gigawatts by 2030. It solidifies EDF Renewables' ambitions to leverage its depth of experience in the European offshore wind market in the emerging U.S. market,” said President & CEO of EDF Renewables North America, Tristan Grimbert.
Currently, EDF Renewables (subsidiary of EDF Group) has 2,800 MW of offshore wind in development or operation in Europe (Belgium, France, Germany and United Kingdom), placing the company to efficiently transform the U.S. offshore wind sector, beginning in New Jersey.
EDF Renewables North America is an independent power producer and service provider with over 30 years of expertise in renewable energy. It is a subsidiary of EDF Renewables. More details on https://www.edf-re.com.
-- BERNAMA
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