Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Commodities»Eversource secures funding for Connecticut wind hub
    Commodities

    Eversource secures funding for Connecticut wind hub

    August 20, 20244 Mins Read


    Eversource Energy has announced its Huntsbrook Offshore Wind (OSW) Hub project proposal was recently awarded US$89 million in federal grant funding through the second round of the US Department of Energy’s (DOE) Grid Innovation Programme.

    The Huntsbrook OSW Hub proposal was included in the Power Up New England project portfolio that was selected to receive US$389 million in total funding through the DOE programme and will support New England’s clean energy transition while improving grid reliability across the region.

    The Huntsbrook OSW Hub project consists of constructing a new 345 kV switching station in southeastern Connecticut at Huntsbrook Junction in Montville, Connecticut, which will establish a new point of interconnection for future offshore wind developers to reliably deliver 2400 MW of offshore wind via high-voltage transmission lines from the offshore wind farm to the Hub. It will utilise existing utility property and rights of way to avoid unnecessary environmental impacts and significant disruptions to local communities while providing benefits of energy cost savings and enhanced workforce development programmes.

    “The US Department of Energy recognised the significance of the Power Up New England portfolio — including our Huntsbrook project — and awarded a transformational investment in clean energy transmission and storage infrastructure that will improve grid reliability, accelerate renewable energy integration, and reduce energy burdens across New England,” said Eversource President of Transmission and Offshore Wind Projects Bill Quinlan. “We appreciate the collaboration shown by the Massachusetts Executive Office of Energy and Environmental Affairs and our other Power Up partners and are looking forward to continuing to work closely with the Connecticut Department of Energy and Environmental Protection to advance our project, which will deliver resounding local economic and community benefits to Connecticut as we work to achieve the state’s clean energy goals and reduce carbon emissions in the coming years.”

    The University of Connecticut has conducted independent analysis of the estimated economic impacts over the lifetime of the project that include the creation of thousands of high-quality jobs, including utilisation of organised labour, and projected savings for Connecticut ratepayers through lower wholesale electric costs. The project has also committed US$4 million to establish the Connecticut Institute for Clean Energy at UConn, which will help to expand the sustainable energy workforce in the state and region through scholarships, real-world engagement on offshore wind projects, and certificate programmes relating to offshore wind, with a particular focus on engagement with individuals from underrepresented and disadvantaged backgrounds. A further US$1 million will be allocated for direct community benefits to the host communities — focusing on the key principles of community and labour engagement, diversity, equity, inclusion, and accessibility (DEIA), and the Justice40 Initiative.

    The Huntsbrook OSW Hub builds upon Eversource’s successful track record of building the infrastructure necessary to enable offshore wind projects to safely and reliably connect to the electric grid in the Northeast. Eversource led the transmission construction for South Fork Wind in Long Island, New York, the first operational commercial-scale offshore wind project in the nation. The company is also currently leading the transmission construction for Revolution Wind, which will provide power to Connecticut and Rhode Island, Sunrise Wind in New York, and Eversource’s Cape Cod Solution – a co-optimised, multi-phase transmission program, the first phase of which is already in service– will efficiently and cost-effectively strengthen Cape Cod’s electric grid while facilitating the integration of offshore wind energy.

    Eversource expects to develop and submit requests for necessary permits for the Huntsbrook Offshore Wind Hub starting in late 2024 with review processes that could last through 2027. Pending receipt of all necessary permits per phase of work, the company anticipates construction to commence in 2028 and continue through 2031.

     

     

    For more news and technical articles from the global renewable industry, read the latest issue of Energy Global magazine.

    Energy Global’s Summer 2024 issue

    The Summer 2024 issue of Energy Global starts with a guest comment from Terrawatt on the streamlining of the permitting process in Italy, before moving on to a regional report from Frost & Sullivan on the energy landscape in Asia Pacific. This issue looks at key topics such as wind installation vessels, offshore wind turbine foundations, weather analysis, solar maintenance, and more!

    Read the article online at: https://www.energyglobal.com/wind/20082024/eversource-secures-funding-for-connecticut-wind-hub/





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Octopus Energy and British Gas customers to see £134 savings next year

    Commodities

    Eos Energy’s Backlog Is Impressive – Its Valuation Even More So (NASDAQ:EOSE)

    Commodities

    Why Is Bloom Energy Stock Crashing This Week?

    Commodities

    Energy company spends 10 years chasing single mum for debt that isn’t even hers | News UK

    Commodities

    The Biggest Rock + Metal Stories of 2025 (In Case You Forgot)

    Commodities

    JSW Energy shares rise 5% after inking 400 MW Karnataka power agreement

    Commodities
    Leave A Reply Cancel Reply

    Top Picks
    Commodities

    La BAD, PowerGen et des partenaires lancent une plateforme transformatrice d’énergie renouvelable

    Cryptocurrency

    UAE to start global sharing tax data on digital assets, cryptocurrencies by 2028

    Precious Metal

    Cannes Lions 2025 : Havas Media et BETC obtiennent un Silver en Media – Image

    Editors Picks

    Toyota and fintech player in race to replace Dream11 as Team India jersey sponsor

    August 25, 2025

    Properties worth more than £2m in England face new mansion tax

    November 27, 2025

    Breakthrough boosts solar thermoelectric generator efficiency

    August 17, 2025

    Here’s every metal album that’s ever gone to number one in the UK

    October 8, 2025
    What's Hot

    Digital currency comes to farmers’ aid – Economy News

    May 14, 2025

    Farmers warned to order fertiliser now or risk potential shortages in spring

    October 9, 2025

    How Blockchain Technology Is Impacting Financial Planning

    October 19, 2024
    Our Picks

    Online platform Hello Alice expands grant program

    August 8, 2024

    Frasers Property sees several senior management changes: source

    April 15, 2025

    FxCapKyn Limited: Redefining Trading Through Fintech Intelligence

    October 15, 2025
    Weekly Top

    Gold Prices Edge Higher In Early Trade; Silver Gains Rs 100 Per Kg

    December 12, 2025

    Worcester MP discusses local concerns at retirement village

    December 12, 2025

    Why it matters- The Week

    December 12, 2025
    Editor's Pick

    Yellow Metal Falls Rs 800, Silver Down Rs 2000; Check Rates Across Cities | Savings and Investments News

    August 11, 2025

    Here’s the 1 Stock Warren Buffett Keeps Buying Despite Market Volatility

    November 22, 2025

    Apex Fintech Solutions Acquires FinTron

    October 17, 2024
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.