EDPR and Shell secure 804MW offshore wind contract in Massachusetts
The two companies' proposal for the production of wind power has just been chosen by Massachusetts State authorities. Back in December 2018, EDP Renováveis and Shell announced the creation of a joint venture to produce clean energy from offshore wind.
Mayflower Wind Energy LLC, a consortium created by EDP Renováveis and Shell, has just been chosen by Massachusetts State authorities to supply 804MW worth of renewable energy, which will be produced by an offshore wind farm off Massachusetts and provide clean energy to about half a million homes.
The wind farm will be located about 20 miles south of Nantucket and is expected to go into operation in 2025. The wind farm will offer long-term prices below the initial ceiling of $84.23/MWh, which will provide electricity tariff savings of over $3 billion during the contract. This project will also create some 10,000 jobs in the state of Massachusetts and avoid, due to the production of renewable energy, about 1.7 million tons of CO2.
Thanks to the in-depth experience that both partners have in the development, construction and operation of onshore and offshore wind farms, the EDP Renováveis/Shell consortium will further boost the implementation of renewable energies in that US state. Together, the two companies boast more than 18,000 employees in the United States and a network of over 5,000 suppliers.
About Mayflower Wind
Mayflower Wind Energy LLC was established by a joint venture between EDP Renováveis (EDP Renewables Offshore North America LLC) and Shell (Shell New Energies US LLC), which are equally represented.
Once is has been built, the wind farm will be prepared to accommodate up to 1.6 gigawatts (GW) - enough energy to provide clean energy to more than 680,000 homes/year in that US state.
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