New York Governor Kathy Hochul has introduced the discharge of a brand new 10-Level Motion Plan to develop and assist the rising large-scale renewable vitality trade within the state. One of many plan’s factors outlines that the New York State Vitality Analysis and Growth Authority (NYSERDA) plans to launch an accelerated renewable vitality procurement course of for each offshore and onshore initiatives aiming to backfill any contracted initiatives which might be terminated.
The procurement course of shall be guided by core rules, together with prioritising competitors, simplifying bid necessities, incorporating inflation indexing, making use of essential labor protections, and collaborating with the trade to optimise the accelerated procurement timing, based on NYSERDA.
This announcement follows The New York State Public Service Fee’s determination to disclaim petitions filed by a gaggle of offshore wind builders a state renewable vitality commerce affiliation in search of monetary reduction for 4 proposed offshore wind initiatives and 86 land-based renewable initiatives.
The petitions denied have been submitted by Empire Offshore Wind LLC and Beacon Wind LLC, Dawn Wind LLC, and the Alliance for Clear Vitality New York, Inc. (ACENY).
The 10-point Motion Plan particulars a collection of benchmarks and actions slated for the approaching months, providing perception into how the Governor’s Administration plans to beat latest macroeconomic and inflationary challenges which have impacted the renewable vitality sector, based on the press launch.
“This 10-point motion plan underscores our dedication to addressing challenges that this sector is experiencing all throughout the nation and hardens our resolve to ramp up our efforts in offering inexpensive and clear vitality to all New Yorkers,” mentioned Governor Hochul.
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In considered one of its factors, NYSERDA says it’ll announce a set of awards within the close to future comprised of offshore and onshore renewable vitality initiatives, together with main provide chain investments.
The Authority mentioned that the plan serves to strengthen New York State’s dedication to wash vitality growth, sustainability, and financial progress, and helps the State’s progress in direction of reaching Local weather Act targets, together with acquiring 70 per cent of the State’s electrical energy from renewable sources by 2030.
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