Ørsted-Eversource Partnership Announces Cancellation of Agreement for Charybdis (Updated)

The Offshore Wind Venture partnering Ørsted and Eversource told CT Examiner on Wednesday that the companies had canceled an agreement with Dominion Energy to use the as-yet-unbuilt Charybdis to install turbines off East Coast of the United States. The planned 472-foot vessel would be the first Jones Act compliant vessel for installing offshore turbines, clearing a significant hurdle for domestic offshore development. The spokesman declined to name the alternative vessel or disclose the cost of the agreement. But last August, it was reported that the vessel’s expected cost had risen from $500 million to $625 million, and that delays in its construction meant that Dominion would miss deadlines for the installation of 704-MW Revolution Wind, and 924-MW Sunrise Wind. In March, Ørsted submitted a bid for its latest project, Starboard Wind, a 1,184-MW project that the company planned to assemble off of State Pier.

Ørsted-Eversource Partnership Announces Cancellation of Agreement for Charybdis (Updated)

Share This Article: