New York state Governor Andrew Cuomo has issued a solicitation seeking 800 MW or more of new offshore wind capacity.
The highly anticipated first offering, issued by the New York State Energy Research and Development Authority (NYSERDA), kicks-off competition for the state’s first large-scale offshore wind development contracts, an initial step toward its goal of 2.4 GW of offshore wind by 2030.
The solicitation accelerates New York’s progress towards Governor Cuomo's mandate for 50% of the state’s electricity to come from renewable sources by 2030 and jump starts the emerging offshore wind industry in New York.
“This action is a watershed moment in New York’s renewable energy development efforts as we work to establish a secure, reliable and cost-effective clean energy future,” Governor Cuomo said. “New York will continue to combat climate change, investing in robust offshore wind development and clean energy that provides a path toward a greener and more sustainable future in our state and around the world.”
Offshore wind is expected to bring an estimated US$6Bn of investment to New York that will support approximately 5,000 highly-skilled new jobs in manufacturing, installation and operation of offshore wind facilities and nearly 2,000 jobs in long-term operations and maintenance. The NYSERDA solicitation includes first-of-a-kind requirements for wage and labour agreements by offshore wind developers.
NYSERDA will host the New York Offshore Wind Supplier Forum on 15 November 2018 in New York City to connect local suppliers and service providers to global offshore wind developers and manufacturers.
Under the solicitation, NYSERDA has the ability to award 25-year long-term contracts for projects ranging from approximately 200 MW to 800 MW, with an ability to award larger quantities if sufficiently attractive proposals are received. Each proposer is also required to submit at least one proposal of approximately 400 MW. Bids are due in February 2019, awards are expected in Q2 2019 and contracts are expected to be executed thereafter to take advantage of expiring federal tax credits.