Offshore Wind is Blowing Through NYISO | Energy Watch Blog
This blog looks into the impact that offshore wind development in NYISO has on gas-fired generation facilities and their net energy revenues. The recent approval of CLCPA’s minimum statewide offshore wind goal and NYSERDA’s authority to procure offshore renewable energy credits (ORECs) puts renewables at the forefront of NYISOs market development. The Boardwalk Offshore Wind and Beacon Offshore Wind Project that were recently awarded OREC contracts are just the start of the lofty 9 GW offshore wind target.