Bluewater Wind Offshore Wind Project

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348 MW project proposed by Bluewater Wind, an NRG Energy affiliate, 13.2 miles east of Cape Hewnlopen, Delaware.  Project cancelled in 2011.

Update:

December 27, 2011– NRG Energy cancels the Bluewater Wind project.  Despite having a PPA, the project was unable to secure financing.

November 9 2009- NRG Energy Inc. (NRG) acquires Bluewater Wind

August 1 2008- The agreement between Delmarva and Bluewater Wind was approved on July 31st 2008 by the Public Service Commission and representatives of three other state agencies.

June 23 2008- Delmarva Power signs 25 year PPA with Bluewater Wind for up to 200 MW. Estimated project cost is US$800 million

May 7 2008:Delmarva Power and 12 electric cooperatives signed onshore wind PPA agreements to aquire 460 MW of wind. Press Release states: “Land-based wind power purchased supports Delaware’s clean energy goals, reduces the operation of regional power plants and saves Delmarva Power’s customers $80 million a year as compared to the Bluewater Wind proposal. On average this savings equals $240 per year for the typical residential customer. ”

Oct 29 2007: The Delaware PSC Report concluded that Bluewater’s project is “not in the public interest.”
According to the report, Bluewater uses an unreasonable pricing escalator, shifts project risk and costs increases onto the ratepayer, delays project timing resulting in added costs, and has increased its proposed project costs in negotiation.

Bluewater Wind has released its project bid at $1.6 billion for a 450 MW project. Delmarva Power would pay 10.59 cents/kWh or 1.05 cents higher than Bluewater’s original bid. Delmarva cites that the cost of electricity as high. In late September 2007, Bluewater was acquired by leading US wind IPP Babcock Brown.

Maps and Images:

PPA Term Sheet:  DPLTermSheet.9.14.07

Map of Atlantic North: (awarded proposal)

atlantic_north
(Source: Bluewater Wind)

News:

 

NRG cancels offshore wind power deal with Delmarva– December 27, 2011

NRG Energy buys Bluewater Wind [Delaware Online News Video]- Nov 9 2009

NRG Energy sees offshore wind revenue by 2014– Nov 10 2009

Bluewater Wind works on new financing– Sept 7 2009

Wind could renew manufacturing– Nov. 30 2008

Delays in NJ offshore windmill project criticized– August 16 2008

Delaware officials approve offshore wind farm– August 1 2008

Offshore wind pact OK’d for Delaware– June 24 2008

Investment group inks offshore US wind farm deal-June 23 2008

Delaware officials discuss proposed wind project-June 23 2008

Bluewater wind ‘cautiously optimistic’ about ongoing negotiations- June 16 2008

Delmarva Power Selects Land-Based Wind Providers– May 7 2008

Del. committee approves wind power report– April 18 2008

More Attempts to Kill Wind Power in Delaware– April 10 2008

Report may doom offshore wind power initiative – April 9 2008

Bluewater Wind launches research ship– March 31 2008

Delmarva Power Anti-Offshore Wind Ad-March 2008

Delmarva Power Says Land-Based Wind Energy Is Best– March 25 2008

House has next say on wind farm- March 13 2008

Wind power contract scrutinized– March 6 2008

Delmarva to seek wind proposals for Delaware- Jan 23 2008

Del. puts wind power deal on hold- Dec. 19 2007*

Cost of wind power could fall- Dec. 14 2007*

DELAWARE: Bluewater Wind price cut but Delmarva Power still balks- Dec. 10 2007*

Wind Power Project Decision Postponed- November 20, 2007*

Minner hopes to keep wind power project alive– November 15, 2007

Bluewater to work with Del. on offshore wind farm– November 8, 2007

Bluewater rewrites plan for wind farm– November 7, 2007*

Bluewater to submit new wind farm plan– November 4, 2007*

Regulators deal blow to wind farm– October 30, 2007

Proposed wind farm gets gust of money– September 28, 2007*

Bluewater Wind says a deal on wind farm is reached– September 17, 2007*

Delmarva Power Submits Bidders’ Proposed Term Sheets– September 16, 2007*

Delmarva continues to balk at wind farm– September 15,2007

Delmarva Power gets more time for contract– August 8, 2007*

Delmarva files suit over wind farm plan- June 21, 2007*

Delaware Energy Debate Could Turn on the Wind– May 7, 2007