The US state of New York on Thursday launched its debut solicitation for large-scale offshore wind, seeking 800 MW of proposals in support of its 2030 goals.
The competitive selection was issued by the New York State Energy Research and Development Authority (NYSERDA) in line with the state's previously set target for 2,400 MW of offshore wind by 2030. Interested parties can submit their proposals by February 14, 2019, while successful candidates will be announced next spring.
As part of the procurement process, NYSERDA will award 25-year power purchase agreements (PPA) to projects of between 200 MW and 800 MW, while it can contract higher capacity if “sufficiently attractive proposals are received.” Each developer taking part in the competition is required to submit at least one proposal of around 400 MW.
"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," New York Governor Andrew Cuomo said.
In order to facilitate the process, NYSERDA will hold a forum on November 15 to connect local suppliers and service providers to the offshore wind industry. The agency estimates that New York’s offshore wind sector can attract some USD 6 billion (EUR 5.29bn) of investment that will create about 5,000 manufacturing and installation jobs by 2030 and an additional 2,000 long-term operations and maintenance positions.
The state has set a goal of sourcing 50% of its electricity from renewables by 2030.
Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.