New york city launches largest renewable solicitation in United States history

Jul 22, 2020 04:46 PM ET
  • 4 GW of offshore wind and also land-based renewables are set to come to the Empire State, as guv Andrew Cuomo looks to attain the state's renewable energy mandates while also kickstarting a post-Covid economic situation.
New york city launches largest renewable solicitation in United States history
Image: ahundt/pixabay

New york city's hostile sustainable procurement efforts struck a historical mark today, with Governor Andrew Cuomo revealing the largest single renewable resource solicitation ever put forth in the United States.

The solicitation calls for up to 4,000 megawatts of eco-friendly capacity, all with the direct goal of combating climate change. Of these 4,000 MW, the solicitation requires approximately 2,500 megawatts of offshore wind projects, along with over 1,500 megawatts of land based massive renewable resource projects. That 1,500 MW solicitation, issued especially by the New York State Energy Research as well as Development Authority (NYSERDA) as well as the New York Power Authority (NYPA), is the country's biggest coordinated solicitation for land based large-scale renewable energy projects by a U.S. state.

" During one of one of the most tough years New York has actually ever before dealt with, we continue to be laser-focused on executing our nation-leading environment plan as well as expanding our clean energy economic climate, not just to bring considerable financial advantages and work to the state, however to rapidly strike environment adjustment at its source by decreasing our exhausts," said Governor Cuomo." With these record-breaking solicitations for renewable energy and brand-new port infrastructure, New York remains to lead the way with the most enthusiastic Green New Deal in the nation, creating a future fueled by tidy, renewable energy resources."

Fulfilling objectives as well as making tasks

This very first solicitation has the prospective to bring New York State midway towards its objective of 9,000 megawatts of overseas wind by 2035, while additionally giving substantial headway towards New York State's required to protect 70% of the state's electrical energy from renewable energy by 2030.

Both solicitations are anticipated to create roughly $7 billion in straight investments in about 4,500 short as well as long-term work, which the Governor's office shares that it is leaning on, at least partly, to jumpstart and also drive economic development as part of resuming and also reimagining New York State's economic climate in the wake of the Covid-19 pandemic.

Solicitation specifics

The land-based sustainable solicitation is in fact divided right into 2 classifications: projects being procured by NYSERDA and those being procured by NYPA. NYSERDA's part asks for the growth of Tier-1 qualified renewable energy projects that will certainly generate 1.6 million MWh or even more yearly. Any type of project that can be certified as a Tier 1 eco-friendly technology and got in operation after January 1, 2015 or by November 30, 2022, with the alternative for expansions to November 30, 2025 that fulfills the kWh goal is eligible. The land-based projects chosen will certainly be the fastest to building and also NYSERDA hopes to alert the granted developers in early 2021.

As for NYPA, that solicitation is seeking projects that will certainly generate 2 million MWh or more yearly, with a generation capacity between 20 MW to 25 MW or 100 MW+. The 2 million MWh goal can be served by one or multiple projects. The agreements offered will be for a packed item which will certainly consist of power, capacity as well as RECs. The picked projects are expected ahead online between 2021 and 2024, and also winning bidders will certainly be introduced by year end 2020.

NYSERDA will certainly organize a webinar on this request for proposals and also the submittal procedure for possible proposers on Tuesday, August 4, 2020 at 1:00 p.m. EDT.

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