NYSERDA finalizes new Empire Wind and Sunrise Wind contracts

NYSERDA (New York State Energy Research and Development Authority) has finalized new purchase and sales agreements for the energy produced by two major offshore wind projects:

  • Empire Wind 1, a planned 810-megawatt project (developed by Equinor)
  • Sunrise Wind, a planned 924-megawatt project (developed by Ørsted and Eversource).

Both projects had previously been awarded contracts by NYSERDA in 2019, but had been put in doubt when, last October, the New York State Public Service Commission denied...

https://www.marinelog.com/offshore/offshore-wind/nyserda-finalizes-new-empire-wind-and-sunrise-wind-contracts/

New NYSERDA contracts put two NY offshore wind projects back on track

New York Gov. Kathy Hochul looks to have notched up two more successes in her efforts to get New York State offshore wind back on track. Today she announced that the state has conditionally awarded two offshore wind projects from its fourth offshore wind solicitation: Empire Wind 1, (developed by Equinor) and Sunrise Wind (developed by Ørsted and Eversource).

“I promised to make New York a place for the renewable energy industry to do business, and we are delivering on that promise,” Governor...

https://www.marinelog.com/news/new-nyserda-contracts-put-two-ny-offshore-wind-projects-back-on-track/

New York offshore wind: “Back on track”

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/