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New York to seek proposals for 800 MW of offshore wind in 2018-2019

A picture from Cathie Associates visit to the US’ first commercial offshore wind farm; Block Island.

January 3 (Renewables Now) - New York will issue two solicitations in 2018 and 2019 to develop at least 800 MW of offshore wind projects in a drive to meet the previously set target for 2,400 MW of offshore wind by 2030.

New York Governor Andrew Cuomo announced this on Tuesday as part of the 2018 State of the State Address, noting that the planned solicitations will be the first in a set schedule to reach the target that was established a year ago. The 800 MW of sought offshore wind power generating capacity will be enough to power 400,000 New York households, according to the announcement.

As part of the plan, the New York State Energy Research and Development Authority (NYSERDA) will invest USD 15 million (EUR 12.5m) in clean energy workforce development and infrastructure advancement to train workers for jobs in the offshore wind industry. This includes offshore wind construction, installation, operation, maintenance, design and associated infrastructure.

Moreover, NYSERDA will cooperate with Empire State Development and other state agencies to determine the most promising public and private offshore wind port infrastructure investments. The goal of this activity will be to lure private investment in port infrastructure and supply chain activities.

In an attempt to address the intermittency of clean resources like wind and solar, Cuomo is also launching an initiative to deploy 1,500 MW of energy storage by 2025. Achieving this objective will generate USD 2 billion in energy value to New Yorkers, the announcement says.

The governor has also proposed a commitment of at least USD 200 million from NY Green Bank for storage-related investments. In addition to that, Cuomo wants NYSERDA to invest not less than USD 60 million through storage pilots and activities to reduce barriers to deploying energy storage.

When it comes to solar power, the governor has tasked NYSERDA to secure community solar subscriptions and provide them at zero cost to low-income customers. This move would benefit over 10,000 New Yorkers.

(USD 1.0 = EUR 0.831)

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Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

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