Ørsted's Revolution Wind reaches full commercial operation

· Energy · United States

Ørsted's 704-MW Revolution Wind offshore wind farm is now fully operational and delivering power to New England's grid after years of delays and federal regulatory battles. The milestone was underscored by Eversource CEO Joe Nolan, who said the project reaching full commercial operations eases the utility's financial risk. Eversource reported third-quarter income fell 22% year over year to $346 million, partly because it no longer books income from Aquarion, the water utility subsidiary it sold in June. Revolution Wind becomes one of a small number of large US offshore wind projects to reach commercial operation, a sector that has faced permitting hurdles. For Eversource, a partner in the project, completion removes a major construction and cost overhang from its balance sheet.

Why it matters：The completion shows US offshore wind can still deliver despite federal headwinds, a signal for developers, suppliers and utilities weighing future projects.

Key points

  • Revolution Wind has 704 MW of capacity and feeds New England's grid.
  • Eversource Q3 income fell 22% to $346 million, partly on the Aquarion sale.

Sources (original reporting)

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