Spotted off the coast of Waterford on Friday was L/B Jill, a massive vessel with 300-foot legs that support a raised platform and will be used to support work at South Fork Wind, an offshore wind farm under construction off Long Island. The 12-turbine project, which will generate enough electricity to power 70,000 homes, is one of three offshore wind farms developed by Danish wind company Ørsted and Eversource expected to use the newly reconstructed Admiral Harold E. Shear State Pier in New London as an assembly and staging area. Price increases because of soaring inflation and supply chain bottlenecks have led to delays and attempts to renegotiate contracts in some long-planned projects along the East Coast. Eversource, Connecticut’s largest energy supplier, announced in May it was divesting itself of its stake in offshore wind assets, including a 50% stake in the $300 million redevelopment of State Pier in New London.
https://www.theday.com/local-news/20230729/can-offshore-wind-withstand-market-storm-and-what-does-it-mean-for-connecticut/