New York unveils offshore wind auction plans for 2022

New York Governor Kathy Hochul revealed in her State of the State Address that New York will will launch its next offshore wind procurement in 2022, which is expected to result in at least 2 GW of new projects. NYSERDA will couple this procurement with the $500 million investment to support offshore wind manufacturing and supply chain infrastructure.

New York will invest up to $500 million in the ports, manufacturing, and supply chain infrastructure needed to advance its offshore wind industry, leveraging private capital to deliver more than $2 billion in economic activity while creating more than 2,000 good-paying green jobs.

According to Governor Hochul, this offshore wind plan will support more than 6,800 direct high-paying jobs, a combined economic impact of $12.1 billion statewide, and more than 4.3 GW of energy, which is enough to power nearly 3 million New York homes, representing half of New York's 2035 goal.

"With this investment, New York will lead the nation on offshore wind production, creating green jobs for New Yorkers, and powering our clean energy future,"
Governor Hochul said. "I am proud to make New York a leader in offshore wind and renewable energy. We must harness the potential of offshore wind to fuel our economy forward and meet our ambitious climate goals."  

To realise an offshore wind grid able to deliver at least 6 GW of offshore wind energy directly into New York City while minimising onshore and ocean floor impacts, state agencies will conduct a New York State Cable Corridor Study to identify strategic offshore wind cable corridors and access key points of interconnection to the grid.

Furthermore, to build on the New York's Offshore Wind Master Plan, NYSERDA will initiate a new Master Plan 2.0: Deep Water to unlock the next frontier of offshore wind development.

Alongside these new actions, New York will begin construction on the state's first offshore wind project, the South Fork Wind Farm, in early 2022.

For more information on offshore wind farms worldwide, click here.