Abstract

New York's Climate Leadership and Community Protection Act (CLCPA) establishes a legally binding commitment to reduce greenhouse gas (GHG) emissions 80 percent by 2050. There is also an interim goal of installing 9 gigawatts (GW) of offshore wind capacity by 2035. To date, no offshore wind projects are operating in New York; however, several market enablers have been active in pushing compliance with this offshore wind target. Key enablers include the competitive auction of federal leases for project development, the presence and interest of experienced international developers, and the market trend of decreasing costs of offshore wind. From a policy perspective, enablers include phased and deliberate policy initiatives, known procurement and contracting procedures, and coordination amongst multiple state and local entities by the New York State Research Development Authority (NYSERDA). While progress has been made, there are also competing interests and potential policy changes that might require additional coordination to meet all of the objectives of the CLCPA.

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