German power group RWE AG (ETR:RWE), which develops renewables property within the US, and US utility Entergy Corp (NYSE:ETR) will accomplice to check a path to marketplace for offshore wind within the Gulf of Mexico, in line with an announcement on Thursday.
The businesses have signed a memorandum of understanding to discover the availability of offshore wind energy to industrial clients in Texas and Louisiana. Their joint assessments will cowl market demand for carbon-free power for purchasers of Entergy Louisiana, Entergy New Orleans and Entergy Texas; useful resource economics; transmission evaluation; job creation influence; and abilities improvement.
The partnership comes because the US not too long ago introduced a proposed offshore wind lease sale for 3 proposed areas within the Gulf of Mexico. RWE final 12 months secured websites in two offshore wind lease auctions within the US, within the New York Bight and California.
“The existing Gulf of Mexico oil and gas supply chain, workforce, and port infrastructure represent unique advantages to a potential offshore wind hub,” commented Sam Eaton, chif govt of RWE offshore holdings LLC.
“Our customers continue to share with us that they are seeking clean energy solutions to help them reach their own sustainability goals,” stated Entergy Louisiana president and chief govt Phillip Could, who sees the partnership as an early step to bringing wind energy to Louisiana shores.
Louisiana has a aim of 5 GW of offshore wind energy by 2035.
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