On April 23, 2020, the New York Public Service Commission (NYPSC) issued an order authorizing the New York State Energy Research and Development Authority (NYSERDA) to conduct a 2020 solicitation to procure 1000MW of offshore wind (OSW) renewable energy certificates (ORECs) and with the flexibility to allow evaluation of bids for up to a total of 2500MW.
This solicitation will follow NYSERDA’s earlier solicitations for 800MW or more of OSW in 2018 and 2019[1] that resulted in NYSERDA contracting for 1696MW of OSW.
However, in a reported statement, NYSERDA has said:
“While NYSERDA fully supports and is poised to execute on this authorization, based on industry input and a careful assessment of New York’s COVID-19 status, we feel that issuing a near term solicitation would not be responsible nor advisable at this time.”
[1] Discussed in our earlier Perspective “New York’s Ambitious Goal of 50% Renewable Energy by 2030 One Step Closer: State to Procure 800–2400 MW of Offshore Wind” at: https://www.mayerbrown.com/en/perspectives-events/publications/2018/07/new-yorks-ambitious-goal-of-50-renewable-energy-by.
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