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New York State Offshore Wind: The Launch of Phase II

Posted on February 10, 2020

NYSERDA’s Petition to Procure At Least Another 1,000 MWs of Offshore Wind

Kickstarting round two of New York State’s nation-leading support of offshore wind projects through the purchase of Offshore Wind Renewable Energy Credits (ORECs), on January 28, 2020, the New York State Energy Research and Development Authority (NYSERDA) filed a petition with the New York Public Service Commission (Commission) seeking authorization to procure at least 1,000 megawatts (MWs) of offshore wind resources. The action cements New York’s leadership role in building the American and global offshore wind industry. As Green Tech Media recently recognized, “Over the past year, New York solidified its position as not only the most important U.S. offshore wind market but also ranking among the most important in the world.”

This petition sends a strong signal to the world’s offshore wind developers, supply chain and other market participants that New York intends to forge ahead in the face of the federal slowdown of additional wind energy area lease auctions and failure to pass an offshore wind investment tax credit. In a joint statement with the Alliance for Clean Energy-New York (ACE-NY), Joe Martens, Director of the New York Offshore Wind Alliance (NYOWA), a project of the Alliance for Clean Energy-New York (ACE-NY), stated this is “[f]ast but deliberate action by NYSERDA to keep New York State’s offshore wind momentum going.”

Source: coastalnewstoday.com

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