The offshore wind project will supply renewable energy to one million homes. Credit: Ørsted.

Danish energy company Ørsted has put forward a comprehensive proposal for the Long Island Wind project to the New York State Energy Research and Development Authority (NYSERDA).

The project is estimated to supply renewable energy to one million homes in New York.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

The initiative is set to bolster Ørsted’s Northeast Hub, contributing to the region’s sustainable energy future.

Long Island Wind will generate more than 1.4GW of offshore wind energy, and is set for commercial operation by 2033.

Ørsted’s proposed project has the potential to create several jobs and drive workforce development.

See Also:

The project represents a multi-billion dollar investment in New York’s economy, adding to Ørsted’s existing financial commitments in the state.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

This includes more than $700m directed to Suffolk County for the Sunrise Wind project, demonstrating the company’s ongoing investment in New York’s renewable energy infrastructure.

The execution of the Long Island Wind project is contingent upon selection by NYSERDA, successful negotiation of an offshore wind renewable energy certificate agreement with NYSERDA, and Ørsted’s final investment decision.

Ørsted manages South Fork Wind, New York’s inaugural offshore wind farm and the first utility-scale offshore wind project in the US.

The company is also in the process of constructing Sunrise Wind, expected to be New York’s second offshore wind facility.

Ørsted Group executive vice-president and Americas CEO David Hardy stated: “America’s clean energy future is being forged right here in New York, and we’re proud to have played a pivotal role in positioning the Empire State as a national leader in offshore wind.

“We are ready to build on this momentum with our new Long Island Wind project, creating thousands of high-quality jobs from Long Island to the Capital Region, driving significant investment in the supply chain and workforce, and propelling New York toward its ambitious clean energy goals.”

In June 2024, Ørsted completed the construction of the 518MW Helena Energy Center, a project that combined wind and solar energy, in Bee County, Texas.