The New York State Energy Research & Development Authority (NYSERDA) is set to procure nearly 800MW of offshore wind in a bid to support the state’s goal of 2.4GW of new offshore wind generation by 2030.

The New York State Public Service Commission (NYSPSC) has issued a seminal order for the first procurements of offshore wind, enough to power 1.2 million households in the region.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The first phase of the procurements will be launched through a solicitation issued in the fourth quarter of this year.

"This investment has the potential to create thousands of jobs and fuel a $6bn industry for New York as it combats climate change."

The solicitation will be issued after consultation and coordination with the New York Power Authority and the Long Island Power Authority.

New York Governor Andrew M Cuomo said: “This action represents another major step toward establishing a clean energy future that is secure, reliable and cost-effective.

“Robust offshore wind development is not only critical to meeting our clean energy and carbon reduction goals, this investment has the potential to create thousands of jobs and fuel a $6bn industry for New York as it combats climate change.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

NYSERDA anticipates that the development will support nearly 5,000 new manufacturing, installation and operation jobs in the industry.

New York Power Authority president and CEO Gil C Quiniones said: “New York State has long been a leader in clean energy, with its long history of clean hydropower generation, and we believe off-shore wind is the next frontier that will lead to more clean energy jobs, as well as new infrastructure and economic development at our seaports and along our coasts.”

Awards are expected to be announced in the second quarter of the next year, and if necessary a second solicitation will be issued in the same year.