New York Offshore Wind Solicitation Draws Record Response

New York State’s third offshore wind solicitation has attracted more than 100 total proposals for eight new projects from six offshore wind developers – a record-setting level of competition among US East Coast states, according to the New York State Energy Research and Development Authority (NYSERDA).

All proposals included comprehensive supply chain investment plans to leverage a targeted amount of up to USD 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, NYSERDA said.

The agency said it will now commence a rigorous evaluation process to score project proposals based 70 per cent on project pricing, 20 per cent on economic benefits, and 10 per cent on project viability, with awards expected to be announced in spring 2023.

The six offshore wind developers who responded to the solicitation are Ørsted and Eversource, Equinor and bp, RWE and National Grid, Invenergy and energyRe, and Rise Light & Power, and Vineyard Offshore.

With five projects and five ports in active development, New York State is working to build a sustainable long-term industry that will continue to deliver tremendous economic benefits and create thousands of family-sustaining jobs.

The State’s Governor Kathy Hochul has committed to investing up to USD 500 million in offshore wind infrastructure and supply chain needs to establish the State as a leader in building the United States offshore wind supply chain.

This solicitation supports the State on its path to develop 9 GW of offshore wind energy by 2035, a key component in achieving 70 per cent renewable electricity by 2030 and 100 per cent zero-emissions electricity by 2040.

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