On April 23, 2020, the New York Public Service Commission (NYPSC) issued an order authorizing the New York State Energy Research and Development Authority (NYSERDA) to conduct a 2020 solicitation to procure 1000MW of offshore wind (OSW) renewable energy certificates (ORECs) and with the flexibility to allow evaluation of bids for up to a total of 2500MW.
This solicitation will follow NYSERDA’s earlier solicitations for 800MW or more of OSW in 2018 and 2019 that resulted in NYSERDA contracting for 1696MW of OSW.
However, in a reported statement, NYSERDA has said:
“While NYSERDA fully supports and is poised to execute on this authorization, based on industry input and a careful assessment of New York’s COVID-19 status, we feel that issuing a near term solicitation would not be responsible nor advisable at this time.”
 Discussed in our earlier Perspective “New York’s Ambitious Goal of 50% Renewable Energy by 2030 One Step Closer: State to Procure 800–2400 MW of Offshore Wind” at: https://www.mayerbrown.com/en/perspectives-events/publications/2018/07/new-yorks-ambitious-goal-of-50-renewable-energy-by.
If you wish to receive periodic updates on this or other topics related to the pandemic, you can be added to our COVID-19 “Special Interest” mailing list by subscribing here. For any other legal questions related to this pandemic, please contact the Firm’s COVID-19 Core Response Team at FW-SIG-COVID-19-Core-Response-Team@mayerbrown.com.