U.S. Offshore Wind Roadshow 2018. 4-6 June
Overview
The Trade Council of Denmark in Chicago, and Offshoreenergy.dk, invite you to participate in the U.S. Offshore Wind Roadshow 2018 taking place on the East Coast from June 4th – 6th and which connects with the U.S. Offshore Wind Conference in Boston on June 7th – 8th.
The U.S. offshore wind industry is developing rapidly and there is already a pipeline of 24 GW of offshore wind projects planned in the Atlantic, the Gulf of Mexico, and the Pacific. The bulk of activity is occurring along the U.S. east coast from North Carolina to Massachusetts where 14 GW of projects have been awarded and are expected to be built before 2030. Just three states – New Jersey, New York and Massachusetts – have committed to building close to 8 GW of projects within the next 15 years or so.
Continuing the Trade Council’s successful offshore wind activities over the past four years, this year’s roadshow will focus on exploring recent offshore developments on the Eastern Seaboard. This delegation will meet with developers and OEMs active in the above-mentioned states to gain insights into their developments, their procurement and contracting strategies, to get their perspectives on the challenges they face and the opportunities they see, and to exchange opinions about how Danish businesses can best work with local companies, and state government agencies, to help build the U.S. offshore wind supply chain.
To assist in achieving these multiple goals, we have built numerous networking opportunities, with developers and OEMs, local companies and state government agencies, into this Roadshow.
Itinerary
We will start in New York City on the Monday morning by meeting with NYSERDA and will then work our way North having meetings with key developers (Statoil, Deepwater Wind, Copenhagen Infrastructure Partners and Ørsted) in addition to OEMs (GE and SiemensGamesa) and numerous local companies interested in discussing JVs and partnership opportunities.
The schematic to the right shows our planned route.
Agenda
Last update: Friday 1 June 2018
Please note this agenda includes and anticipates a substantial amount of input from Roadshow participants. This is in response to requests from developers and OEMs who, in addition to sharing their experience with Roadshow companies, would like feedback from those companies as to what they believe are the key supply chain challenges and opportunities.
Monday Morning
Monday Afternoon & Evening
Tuesday
Wednesday
Cost and Participation
The cost is DKK 22.500,00 per participant, which includes:
• Accommodation from Sunday June 3rd – Wednesday June 6th in NYC, Providence and Boston respectively.
• Transportation domestically (Coach/Bus)
• Breakfast from Monday – Wednesday
• Lunch from Monday – Wednesday
Participants are themselves responsible for flights into NYC and out of Boston as well as dinner during the duration of the Roadshow.
If you’d like to attend the US Offshore Wind Conference & Exhibition organized by NewEnergyUpdate: The Consulate General of Denmark has secured a discount of $150 when signing up. To obtain this discounted price please input ‘ROADSHOW150’ as the discount code when you sign up for that event.
Registration Deadline
Due to a large citywide convention in Boston, hotels are filling up quickly and we therefore encourage you to sign up for the Roadshow AS SOON AS POSSIBLE.
The deadline for signing up for the Roadshow, at the guaranteed rate of DKK 22.500, was Friday 4 May. If you sign up after this date, we will confirm the rate after we have checked hotel room costs.
Registered companies
(The following companies have already registered to attend. We will add new ones as they sign up).
State Overviews
Since, as noted, our visit will be focused on the three East Coast states which are currently U.S. offshore wind leaders, we include below a brief summary on each.
New Jersey. Offshore wind policy was stagnant under the previous Governor, Republican Chris Christie, however ex Goldman Sachs banker Phil Murphy is changing that. He campaigned on, amongst other things, a promise to give New Jersey (NJ) the most ambitious offshore wind goal in North America – 3.5 GW by 2030. In November 2017 he comfortably won the Gubernatorial elections and formally assumed office on 16 January 2018. One of this first steps was to sign an executive order committing New Jersey to the 3.5 GW target. NJ legislators have also introduced Bill 811 which would legislate for the 3.5 GW target. The state is also currently working on Bill S877 – an omnibus package that, in addition to the 3.5 GW offshore wind target, would provide support for the state’s nuclear power stations in addition to expanding the Renewable Portfolio Standard (RPS) to 50% by 2030 (currently 24.4% by 2028). The Board of Public Utilities has just passed an order which begins the process of soliciting 1.1 GW of offshore capacity.
Two lease areas have been awarded to two developers: Ørsted and U.S. Wind. They have a combined capacity of 2.5 GW.
New York. The State of New York (NY) has one of the most ambitious RPS’ in the country with a 50% renewables target by 2030. To support this, Governor Andrew Cuomo has stated that 2.4 GW will come from offshore wind. In October, NY asked the federal Bureau of Ocean Energy Management (BOEM) to consider identifying and leasing at least four new wind energy areas off NY’s Atlantic Coast with a total potential capacity of 3.2 GW. NY has also prepared, and released in January, the nation’s first Offshore Wind Master Plan + 20 associated studies. The Governor, in this year’s state-of-the-state address, further committed to two additional offshore wind procurements, of 400 MW each, in 2018 and 2019. These solicitations will encourage bids from leaseholders offshore New York, i.e. Statoil, as well as those offshore neighbouring states such as New Jersey, Rhode Island and Massachusetts.
Only one lease area has been awarded to a single developer – Statoil – with a maximum potential capacity of about 1 GW. In addition: New York’s Long Island Power Authority (LIPA) has awarded a PPA to Deepwater’s 90MW South Fork. South Fork is located 30 miles East of Montauk Island and is actually part of Deepwater ONE: Deepwater’s much larger award in the Rhode Island/Massachusetts Wind Energy Area.
Massachusetts. The state has long been a champion of progressive energy policy: a role likely enhanced by the presence of two world-class educational institutions in Boston – Harvard and MIT. Ten years ago, under then-Governor Deval Patrick, the state recognized the enormous potential in offshore wind and bid aggressively for the federally funded Large Blade Test Facility, now the Wind Technology Testing Centre, located on the waterfront in Boston and the only such facility in the U.S. The state has a number of progressive policies including an RPS of 20.5% by 2020 increasing by 1% annually thereafter. House Bill 4568 requires Massachusetts to solicit long-term contracts to procure 1.6 GW of offshore wind power between 30 June 2017 and 20 June 2027. In August 2017 Massachusetts issued additional regulations aimed at reducing GHGs 25% below 1990 levels by 2020 and 80% by 2050.
Two leases have been awarded (April 2015): one to Bay State Wind (a JV between Ørsted + Eversource) and another to Vineyard Wind (a JV between Copenhagen Offshore Partners and Avangrid). Each lease area has a capacity of about 1 GW. BOEM expects to announce additional lease block bidding rounds within the week. In December, Massachusetts also closed a solicitation for up to 800 MW of offshore wind. Three companies submitted bids: Bay State, Vineyard and Deepwater. Results will be announced on the 23 April.
Accommodation
Accommodation in New York is included in the price and will be at the Viceroy, Central Park located at 120 W 57th St, New York, NY 10019.
Should you need accommodation for the Friday and/or Saturday before; we have negotiated a discounted rate of $280/night for those two days.
To make additional reservations, call the hotel at +1-212-830-8000 and tell them you are booking under the agreement of the Ministry of Foreign Affairs of Denmark.
Monday 4 June (check out on Tuesday morning)
The Omni Providence is located at 1 W Exchange Street, Providence, Rhode Island 02903.
Tuesday 5 June (check out Wednesday morning)
The Fairfied Inn & Suites is located at 185 MacArthur Dr, New Bedford, MA 02740.
Other
If you have any other questions feel free to contact Nick (nidaje@um.dk 312-261-6005) or James (petesm@um.dk 312-785-1165).
We look forward to hearing from you and to seeing you there 🙂
