Tag Archives: Beacon Wind
BP & Equinor Demand 54% Hike In Offshore Wind Power Price Increases
BP PlcBP and partner Equinor ASA EQNR are demanding a 54% hike in electricity prices produced at three offshore wind farms in the United States, per a Reuters report. The companies obtained the rights to develop the Empire Wind 1, Empire Wind 2 and Beacon Wind farms offshore New York. Several projects were awarded, and spikes in inflation forced energy companies to hedge equipment and labor at much higher prices than expected. The strike price for Empire Wind 1 would rise from $118.38 per megawatt hour (MWh) to $159.64 per MWh and for Empire Wind 2 from $107.50 per MWh to $177.84 per MWh. Beacon Wind would witness the strike price increase from 118.00 per MWh to 190.82 per MWh. >>click to read<< 11:29
Energy giant to hold forum with fishermen over cross-Sound cable route on Wednesday
The meeting, which is closed to the media, will address concerns by some fishermen,,, The route, as proposed by Equinor, the Norwegian energy giant, will extend more than 150 miles from windmills in the waters off Massachusetts to an electrical station in Astoria, traversing the entire Long Island Sound. Some fishermen saying the buried cable is unlikely to pose problems. The company says the route was hammered out after meeting with individual or small groups of fishermen over the past half year. Arthur Kretchmer, a Mattituck fisherman who operates a trawler on the Sound, said he had not become aware of the planned cable until a few weeks ago. “Anything they put in the water is a problem,” he said. He’s opposed to wind turbines on the water, which could force impacted fishermen to compete in the Sound. “I’m asking them not to put these windmills up.” >click to read< 13:54
