Record demand in New York’s latest offshore wind solicitation

Six offshore wind developers submitted proposals to develop projects as part of New York’s third solicitation.

In total, the developers submitted more than 100 proposals. The New York State Energy Research and Development Authority (NYSERDA) said the solicitation resulted in “record-setting” competition for an East Coast state.

All proposals included supply chain investment plans to leverage a targeted amount of up to $300 million in public funding to unlock private investment in key port infrastructure and manufacturing facilities to support a New York State-based supply chain for offshore wind components.

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NYSERDA will now evaluate and score the proposals based 70% on project pricing, 20% on economic benefits, and 10% on project viability, with awards expected to be announced this spring. Public versions of the proposals are expected to be shared soon, the agency said.

The third solicitation is intended to expand New York’s existing 4,300 MW portfolio, which currently consists of five planned offshore wind projects: Sunrise Wind (924 MW), Empire Wind 1 (816 MW), Empire Wind 2 (1,260 MW) and Beacon Wind (1,230 MW).

New York is jockeying with other Northeast states to become an offshore wind industry hub. Gov. Kathy Hochul (D) so far has committed to invest up to $500 million in offshore wind infrastructure and supply chain needs.

New York’s Climate Act requires the state to secure 70% of its electricity from renewable energy by 2030 and at least 9,000 MW of offshore wind by 2035.

Originally published by John Engel on renewableenergyworld.com

The post Record demand in New York’s latest offshore wind solicitation appeared first on Power Engineering International.

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