Vineyard Wind to Revitalize Bridgeport With Offshore Wind Hub

Offshore wind developer Vineyard Wind has announced details of the company’s proposed 'Park City Wind' offshore wind project. Vineyard Wind submitted its Park City Wind proposal in September to the Connecticut Department of Energy and Environmental Protection in response to their 2019 solicitation for offshore wind facilities.

“Park City Wind is a tremendous opportunity to revitalize Bridgeport by creating thousands of good paying jobs with good benefits in both the wind industry and throughout the local supply chain,” said Vineyard Wind CEO Lars Thaaning Pedersen. “By selecting our project, the state will help make offshore wind a statewide industry, similar to aerospace, and tap into the innovative roots that have defined Connecticut for generations.” 

Park City Wind has the potential to establish Bridgeport into a U.S. hub for the emerging offshore wind industry. The potential for real, long-term economic growth is enormous as there are several U.S. states which have committed themselves to establish offshore wind.

“Our commitment to Connecticut is significant,” continued Pedersen.  “We see a future with thriving ports in both New London and Bridgeport and manufacturers in every corner of the state working to literally lift this industry off the ground in the US.  If Park City Wind is selected, the jobs and economic opportunities created by this project will be available in the region for decades to come.”

The Park City Wind proposal includes options to develop an offshore wind farm with a capacity of up to 1,200 MW generating enough electricity to power 600,000 Connecticut homes. Furthermore, Park City Wind could generate upwards of $1.6 billion in direct economic benefits and create as many as 12,000 jobs across Connecticut. The project will also save Connecticut ratepayers up to $1.1 billion in energy costs, while delivering a reliable source of fixed price, low cost renewable energy. 

In order to generate such high levels of economic activity, Vineyard Wind has proposed hundreds of millions of dollars in investments in Connecticut for years to come to realize a range of improvements and programs.