REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsNov 16 (Reuters) - New York State will issue a new offshore wind solicitation on Nov. 30 with bids due in January 2024, the state government said, in a move that should support the troubled industry.
This would allow the companies to re-offer their planned projects at higher prices and exit their old contracts.
Those measures included the expedited solicitation for offshore wind and other renewable projects announced on Thursday.
The offshore wind projects that the companies are developing are Orsted's 924-megawatt (MW) Sunrise, and the joint venture between Equinor and BP's 816-MW Empire Wind 1, 1,260-MW Empire Wind 2 and 1,230-MW Beacon Wind.
In a positive sign for the companies, the New York State Energy Research and Development Authority (NYSERDA) on Oct. 24 awarded three offshore wind contracts at much higher prices than the earlier projects bid by Orsted, BP and Equinor.
Persons:
Kathy Hochul, Brendan McDermid, New York Governor Hochul, Scott DiSavino, Jonathan Oatis, Nick Zieminski, Richard Chang
Organizations:
New, REUTERS, BP, New York Public Service Commission, New York Governor, New York State Energy Research, Development Authority, Orsted, Equinor, Thomson
Locations:
New York City, U.S, New York, Equinor