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Thursday, December 08, 2022

Iberdrola to operate US offshore wind ‘megaproject’ Vineyard Wind 1

The power company, directed by Ignacio Sánchez Galán, maintains its strong commitment to the United States. Iberdrola, Through its US subsidiary Avangrid, to assume an agreement is closed responsibility as a provider of operational services and Managing ‘Vineyard Wind 1’, the first commercial-scale offshore wind project in the United States, the company reported. ‘Vineyard Wind 1’ is an offshore wind project that will have a capacity of 800 megawatts (MW) in waters off the coast of Massachusetts and is owned by a 50% joint venture between Avangrid and India. Danish fund Copenhagen Infrastructure Partners (CIP).

Specifically, the agreements include contracts for operation and maintenance services and asset management contracts that designate Avangrid as the responsible party for it. Overseeing the operation and management of the facility Once the construction is completed and the business operations begin. Through these agreements, the Iberdrola subsidiary will provide services to the ‘Vineyard Wind 1’ project and lead the wind farm’s operations management, which includes overseeing critical tasks such as maintenance of turbines, cables and substations, coordinating contractors, and maintenance of the wind farm. And A permanent service control center, among others.

AvanGrid will employ approximately 20 technically qualified employees, including key positions that will receive intensive training overseas through Iberdrola’s operational offshore wind farms. UK and other European countries, Helping prepare them to operate a state-of-the-art facility in the United States.

AvanGrid’s CEO, Pedro Azagra, explained that the company is “proud to be a leader in the offshore wind industry in the United States and, by leveraging the Iberdrola Group’s global experience and a trained and talented local workforce, Well positioned to maximize operation and performance” of the project.

Likewise, he stressed that offshore wind power represents “a great opportunity to advance the United States’ ambitious climate goals” and highlighted that “the successful completion and operation of ‘Vineyard Wind 1′” Lay the foundation for continuous development. industry. In the coming decades”, including Avangrid’s project portfolio 4.9 gigawatt (GW) technology.

Get electricity in 2023

‘Vineyard Wind 1’ is scheduled to begin delivering clean energy to Massachusetts in 2023 and reach commercial operation in 2024. The wind farm will generate affordable, renewable energy for more than 400,000 homes and businesses, reducing CO2 emissions by more than 1.6 million tonnes per year. year, creating 3,600 full-time equivalent jobs and saving taxpayers $1,400 million (approximately 1,374 million euros) over the life of the project.

Iberdrola, through Avangrid, has a portfolio of approximately five GW of offshore wind projects in the United States. In addition to its 50% stake in ‘Vineyard Wind 1’, it owns 100% of the 1,200 MW ‘Commonwealth Wind’ project, which is also off the coast of Massachusetts; As well as 804 MW and ‘Park City Wind’ in Connecticut waters, and 2,500 MW ‘Kitty Hawk Wind’ off the coast of North Carolina.

Offshore Wind, Strategic for the Group

For its part, in Iberdrola’s global renewable energy portfolio, which totals 90 GW, offshore wind power appears as one of the main growth opportunities for the group. In the past year, the group, headed by Ignacio Sánchez Galán, has invested in new development platforms in countries such as Poland, Sweden, Ireland, Japan and Australia, among other countries, increasing the size of the group’s global offshore wind portfolio to 31.7 GW Is. ,

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