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November 29, 2021

Ocean Wind 2, US

By Carmen

Ocean Wind 2 is a 1,148MW offshore wind power project. It is planned in Atlantic Ocean, New Jersey, the US. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2029.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Offshore 1,148 1,148 Permitting New Jersey, the US Orsted US Offshore Wind

Description

The project is being developed and currently owned by Orsted US Offshore Wind.

The project is expected to supply enough clean energy to power 500,000 households. The project cost is expected to be around $5,542.544m.

Development Status

Post completion of the construction, the project is expected to get commissioned in 2029.

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About Orsted US Offshore Wind

Orsted US Offshore Wind is a wind power company that designs and develops offshore wind energy projects. The company develops offshore wind farms and generates electric power from wind and develops utility-scale wind farms in deep waters to provide clean energy. Orsted US Offshore Wind operates through turbine suppliers, combining technology and others. The company projects include Block Island wind farm, deepwater ONE, Garden state offshore energy, and Block Island transmission system, among others. The company also operates as an offshore wind developer for Rhode Island, New York, New Jersey, and Massachusetts, the US. Orsted US Offshore Wind is headquartered in Providence, Rhode Island, the US.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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