TotalEnergies wins bid for offshore wind farm in Carolina Long Bay area

TotalEnergies news

TotalEnergies 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.

The lease 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.

TotalEnergies said this project adds to its portfolio of more than 10 GW capacity of renewable energy 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 Pouyanne, 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.

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).

At the end of 2021, TotalEnergies’ renewable electricity generation capacity was more than 10 GW. TotalEnergies will 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.