ALBANY, New York — New York is expediting the timeline to secure contracts with offshore wind developers after failing to finalize any agreements from an earlier round.
The New York State Energy Research and Development Authority (NYSERDA) is also moving forward with a planned competitive process to bolster the offshore wind supply chain in the state with $200 million in previously allocated funds.
The actions announced Tuesday are yet another attempt by Democratic Gov. Kathy Hochul’s administration to keep the state on track to meet its climate goals and to make New York a major economic hub for the nascent industry in the U.S. after three key projects were scrapped last week, POLITICO first reported.
The faster timeline — with a request for proposals expected this summer for new offshore wind projects — could also help secure more offshore wind to support the state’s 9-gigawatt target by 2035. But the projects won’t be required to be online in time to support the state’s 70 percent renewable energy by 2030 goal.