Governor Hochul Announces $ 500 Million Investment in Offshore Wind Turbine Manufacturing

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On January 5, Governor Kathy Hochul announced a plan to strengthen New York’s leadership in renewable energy and invest $ 500 million in the manufacture of offshore wind power under the 2022 state. .

This plan will invest directly in offshore wind power manufacturing and supply chain infrastructure, create thousands of well-paying green jobs, generate billions of economic impact and generate enough energy to power millions. of homes.

“With this investment, New York will lead the country in offshore wind power generation, creating green jobs for New Yorkers and fueling our clean energy future,” Hochul said. “I am proud to make New York a leader in offshore wind and renewable energy. We must harness the potential of offshore wind to advance our economy and meet our ambitious climate goals. “

The Hochul offshore wind plan will draw on more than 6,800 high-paying direct jobs, a combined economic impact of $ 12.1 billion statewide and more than 4.3 gigawatts of energy, this which is enough to power nearly 3 million New York homes, representing half of New York’s population. Target 2035. To consolidate New York’s national leadership in offshore wind energy, Hochul:

  • Invest $ 500 million in critical offshore wind infrastructure: New York will invest up to $ 500 million in the ports, manufacturing and supply chain infrastructure needed to advance its offshore wind industry, leveraging private capital to generate more than $ 2 billion in economic activity while creating more than 2,000 well-paying green jobs. This investment will ensure New York has the strongest offshore wind energy market on the east coast, enabling the state to be the hub of the offshore wind supply chain for other projects along the rating. For the past few years, former Borough President James Oddo has championed a potential wind turbine assembly facility on the south shore of Staten Island. It is not clear whether the initiative, loosely referred to as the Arthur Kill Terminal project, will be a priority among state investments.
  • Obtain enough new offshore wind energy to power at least 1.5 million homes and create at least 2,000 new jobs: NYSERDA will launch its next offshore wind supply in 2022, which is expected to translate into at least 2 gigawatts of new projects – enough to power 1.5 million homes, bringing the state’s combined total to over 4.5 million. homes powered by offshore wind power. NYSERDA will combine this procurement with the $ 500 million investment in offshore wind infrastructure to achieve maximum leverage for New York.
  • Launch the planning of a future offshore wind transport network to supply 4 million homes in New York: To achieve an offshore wind grid capable of delivering at least 6 gigawatts of offshore wind power directly to New York City while minimizing impacts to land and seabed, state agencies will conduct a corridor study. New York State Cables to identify strategic corridors and accesses for offshore wind cables. key points of network interconnection.
  • Launch the Deep Water Offshore 2.0 Wind Master Plan: Building on the success of New York’s award-winning offshore wind master plan, NYSERDA will launch a new master plan 2.0: Deep Water to open the next frontier in offshore wind development.

Along with these new actions, New York will begin construction of the state’s first offshore wind project, the South Fork Wind Farm, in early 2022.


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