Delays to Ørsted’s projects in United States
29 May 2020 - Upstream Costs and Technology | Headline Analysis
Image not found
Chloe LeeChloe LeeSenior Research Analyst

Delays are expected for Ørsted’s offshore wind projects in the United States, affected in part by the coronavirus pandemic.

The Bureau of Ocean Energy Management’s prolonged analysis of the cumulative impacts from the build-out of US offshore wind projects is also a contributing factor.

The 120 MW Skipjack and the 130 MW South Fork projects are most exposed to the risk of delays. Commissioning date for the Skipjack project has already been pushed back from late 2022 to the end of 2023. South Fork is likely to be delayed to beyond 2022.

Ørsted also sees an increased risk of delays for the Ocean Wind, Revolution Wind, and Sunrise Wind projects scheduled for commissioning in 2023 and 2024. Offshore site surveys on the Sunrise Wind project off New York are not progressing due to the impact of the COVID-19 restrictions.