NYSERDA has opted not to make any final awards to the three provisional offshore wind projects chosen from the state’s third solicitation for bids which began in 2022.
Last October, the state agency had provisionally awarded three offshore wind projects: Attentive Energy One with a potential 1,404 MW capacity, Community Offshore Wind with a potential 1,314 MW capacity and Excelsior Wind with a 1,314 MW capacity.
NYSERDA also provisionally awarded $300 million of state grant funding to GE Vernova and LM Wind Power for nacelle and blade manufacturing in its Capital Region, which was associated with the provisionally awarded projects.
Subsequent to the provisional award announcement, material modifications to projects bid caused technical and commercial complexities between provisional awardees and their partners, resulting in an inability to come to terms.
“We are confident New York’s leadership will take the action necessary to maintain their market’s trajectory,” says Liz Burdock, founder and CEO of Oceantic Network.
“The state has already shown its ability and willingness to move swiftly to secure projects on their timelines, and we fully expect the state will continue taking bold action in service of their 9 GW deployment goal. The U.S. market has been steadily building momentum, and while today’s announcement is disappointing, it is not unexpected and will not impact the market’s overall fundamentals. The industry recently celebrated New York’s first project coming online, and this summer two new commercial-scale projects begin installation with two more New York projects close behind.”