The findings of the study will help the Governor reach 2,400 megawatts of offshore wind in waters off the Atlantic Coast by 2030. The study will have a specific focus on largescale European projects.
This input will also help determine the best infrastructure needed to support the Governor's offshore wind targets. The learnings will enable New York State and offshore wind developers to implement these clean energy projects, reducing ratepayer costs and moving the state even further along in its goal of obtaining 50% of its electricity from renewables by 2030.
The New York Power Authority will lead the study, collaborating with New York Independent System Operator, Con Edison, New York State Energy Research and Development Authority, and Long Island Power Authority on the initial phase of the research.
In July, the Public Service Commission authorized NYSERDA to issue Phase 1 solicitations in 2018 and 2019 for about 800 megawatts of offshore wind. The Public Service Commission also required NYSERDA to take steps to study transmission solutions for Phase 2 and consider the longer-term configurations for cost-effective transmission of offshore wind, and the various options for ownership and planning processes.
Earlier this year, Governor Cuomo announced the New York State Offshore Wind Master Plan, which will guide the state in the development of 2,400 MW of offshore wind by 2030. The plan describes the conditions necessary for the state to achieve its offshore wind target and indicates the need for future technical studies and analyses to advance the most cost-effective and responsible development.
Reforming the Energy Vision is Governor Andrew M. Cuomo's strategy to lead on climate change and grow New York's economy. REV is building a cleaner energy system by stimulating investment in clean technologies like solar, wind, and energy efficiency and requiring 50% of the state's electricity needs from renewable energy by 2030.