United States: TotalEnergies Wins Maritime Lease to Develop a 1 GW Offshore Wind Farm off North Carolina’s Coast
May 13 2022 - 2:57AM
Business Wire
Regulatory News:
TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has been named a
winner by the Bureau of Ocean Energy Management of maritime lease
area OCS-A 0545 in the United States, as part of the Carolina Long
Bay auction held on Wednesday, May 11, 2022.
This bid for the development of an offshore wind farm in the
Carolina Long Bay area offshore North Carolina was won for a
consideration of US$ 160 million by TotalEnergies.
Located 20 nautical miles (37 kilometers) from the coast, the
lease covers a 120 square nautical miles area (222 square
kilometers) that will generate a capacity of more than 1 GW, enough
to provide power to more than 300,000 homes. The project is
expected to come online by 2030.
This announcement follows the award in February 2022 of a lease
to develop a 3 GW wind farm off the coast of New York and New
Jersey, United States.
“Being awarded this lease, our second offshore wind project in
the U.S., demonstrates the strength of our commitment to the
country and to our transformation in a multi energy Company. This
project adds to our portfolio of more than 10 GW gross capacity of
renewable projects in operation, in construction and in development
in the U.S. It is one more step towards our objective of reaching
100 GW of renewable electricity generation worldwide by 2030,”
said Patrick Pouyanné, Chairman and CEO of
TotalEnergies.
The Carolina Long Bay project is part of the U.S. government's
goal to deploy 30 GW of offshore wind in the U.S. by 2030, in
response to the climate challenge.
***
TotalEnergies and offshore wind
TotalEnergies is already developing a portfolio of offshore wind
projects with a total capacity of more than 11 GW, of which 2/3 are
bottom-fixed and 1/3 are floating. These projects are located in
the United Kingdom (Seagreen project, Outer Dowsing, Erebus,
ScotWind), South Korea (Bada project), Taiwan (Yunlin project),
France (Eolmed project) and the United States (New York Bight
project, North Carolina project). The Company has also been
qualified to participate in competitive tenders in the US, UK and
France, and will also participate in tenders in Norway and
Poland.
TotalEnergies and renewable electricity
As part of its ambition to get to net zero by 2050,
TotalEnergies is building a portfolio of activities in renewables
and electricity. At the end of 2021, TotalEnergies' gross renewable
electricity generation capacity is more than 10 GW. TotalEnergies
will continue to expand this business to reach 35 GW of gross
production capacity from renewable sources and storage by 2025, and
then 100 GW by 2030 with the objective of being among the world's
top 5 producers of electricity from wind and solar energy.
About TotalEnergies
TotalEnergies is a global multi-energy company that produces and
markets energies on a global scale: oil and biofuels, natural gas
and green gases, renewables and electricity. Our 105,000 employees
are committed to energy that is ever more affordable, clean,
reliable and accessible to as many people as possible. Active in
more than 130 countries, TotalEnergies puts sustainable development
in all its dimensions at the heart of its projects and operations
to contribute to the well-being of people.
@TotalEnergies TotalEnergies TotalEnergies
TotalEnergies
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statements that are based on a number of economic data and
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subject to a number of risk factors. Neither TotalEnergies SE nor
any of its subsidiaries assumes any obligation to update publicly
any forward-looking information or statement, objectives or trends
contained in this document whether as a result of new information,
future events or otherwise.
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