March 25, 2024 — The Biden administration continues to place a high priority on offshore wind as a key part of the country’s renewable energy strategy and is taking steps to support and accelerate the development of the industry. The Bureau of Ocean Energy Management (BOEM) announced plans to start the environmental review for another project while the Treasury Department finally issued long-awaited updates on the tax credits the industry views as essential to its planning.
BOEM reports that it will commence the environmental review of the plan submitted for Vineyard Northeast, the second project from Copenhagen Investment Partners which already has the Vineyard Wind Farm under construction with Avangrid. This second project calls for 2.6 GW of capacity located 29 miles offshore of Nantucket, Massachusetts.
The Vineyard Northeast proposal includes the installation of up to 160 wind turbine generators, up to three electrical service platforms, and one booster station in an adjacent lease area. It also envisions two offshore export cable corridors, one to Connecticut and one to Massachusetts, and associated onshore transmission systems.