Commercial, Sourcing Renewables, Wind - October 26, 2023
NY State to Add Three Offshore Wind, 22 Land RE Projects
Governor Kathy Hochul announced a new investment in renewable energy by New York state, including three offshore wind and 22 land-based renewable energy projects totaling 6.4 gigawatts of clean energy.
Following these awards, New York will now have enough operating, contracted, and under-development renewable energy projects to supply 79% of the state's electricity needs with renewable energy by 2030.
“New York continues to set the pace for our nation’s transition to clean energy,” Governor Hochul said in a statement. “An investment of this magnitude is about more than just fighting climate change – we’re creating good-paying union jobs, improving the reliability of our electric grid, and generating significant benefits in disadvantaged communities. Today, we are taking action to keep New York’s climate goals within reach, demonstrating to the nation how to recalibrate in the wake of global economic challenges while driving us toward a greener and more prosperous future for generations to come.”
The awarded offshore wind and land-based renewable energy projects will produce approximately 19 million megawatt-hours of new renewable energy annually and lower GHG emissions by 9.4 million metric tons annually.
These projects employ a mix of transmission designs, including a reduced footprint in energy transmission from offshore wind projects to New York City through high voltage direct current (HVDC) and adaptable “Meshed-Ready” offshore electrical substations. The three offshore wind projects are anticipated to begin commercial operation in 2030.
New York also announced its latest round of conditional land-based large-scale renewable awards, which includes 14 new solar projects, six wind repowering projects, one new wind project, and one return-to-service hydroelectric project, totaling a combined 2,410 megawatts.
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