July 13, 2018 Read More →

New York plans 800-MW offshore wind auction by year’s end

Offshore Wind Journal:

New York Governor Andrew Cuomo said the state will hold its first offshore wind auction–for 800 MW–by the end of 2018.

The New York State Energy Research & Development Authority (NYSERDA) will procure approximately 800 MW of offshore wind through a solicitation issued in Q4 2018, in consultation with the New York Power Authority and the Long Island Power Authority. Awards are expected to be announced in Q2 2019. If needed, a second solicitation will be issued in 2019.

Through the solicitations, NYSERDA will procure offshore wind renewable energy certificates (ORECs) from awarded facilities. Each electric utility and other third-party suppliers of electricity serving retail customers in New York will support these new offshore wind resources through the purchase of ORECs from NYSERDA.

The New York State Offshore Wind Master Plan announced earlier this year by Governor Cuomo will guide the state in the responsible and cost-effective development of 2,400 MW of offshore wind by 2030. The governor also directed NYSERDA to invest US$15M in clean energy workforce development and infrastructure advancement to train workers to support the growth of the offshore wind industry.

In June, NYSERDA was awarded a US$18.5M Department of Energy grant to lead the National Offshore Wind Research and Development Consortium. This nationwide offshore wind research and development consortium will be supported through a public-private partnership including the offshore wind industry, utilities, research laboratories, and other states.

More: Cuomo kick-starts New York offshore wind with 800 MW procurement

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