Momentum Wind (Bid 2) — 808.5 MW offshore wind, ~17 miles off Ocean City, Maryland (PJM)
Levelized OREC price, 2012$. Round 2 award (filed under MD OREC program). Project rescaled in 2025 to 1,710 MW; original levelized price remains the contracted benchmark. Included as 2023+ relevant because it is the most recent disclosed PJM offshore wind procurement for the LBNL-comparable cohort. COD: 2027-12-31. Contract term: 20 years. Price confidence: high.
Deal Value
808.5MW
Capacity
Offshore Wind
Technology
MD
Location
Deal Details
- Deal Type
- Corporate PPA
- Seller / Sponsor
- US Wind
- Buyer / Financier
- Maryland PSC ratepayers (OREC Round 2 award)
- Offtaker
- Maryland PSC ratepayers (OREC Round 2 award)
- Stage
- Operating
- ISO/RTO
- PJM
Related Deals
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MD Round 2 OSW Awards — 1,654.5 MW combined
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OREC at $71.61/MWh (Skipjack 2)
Momentum Wind — 808 MW offshore wind, Maryland (PJM) — MD OREC Round 2 award
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Skipjack Wind 1 — 120 MW offshore wind, Maryland (PJM) — original 2017 MD OREC award
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Skipjack 2 — 846 MW offshore wind, Maryland (PJM) — MD OREC Round 2 award
Ørsted → Maryland PSC
Amazon Wind Farm Texas / Dermott Wind — 253 MW onshore wind, Scurry County, Texas (ERCOT). Original PPA signed Sept 2015 with Lincoln Clean Energy; LCE acquired by Ørsted Aug 2018. Project COD October 19, 2017.
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