Earlier this month, the news coming out of New York on offshore wind was causing some dismay. The New York State Public Service Commission denied petitions submitted by Empire Offshore Wind, Beacon Wind, Sunrise Wind and the Alliance for Clean Energy New York, Inc. (ACENY) that sought to address inflationary pressures impacting project economics through adjustments to Renewable Energy Credit (REC) and Offshore Wind REC (OREC) purchase and sales agreements entered with the New York State Energy...
https://www.marinelog.com/offshore/offshore-wind/new-york-offshore-wind-back-on-track/