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November 13, 2024

offshore wind renewable energy certificates (ORECs)

NYSERDA
NYSERDA Asks PSC to Revise REC Capacity Price Calculations
NYSERDA has petitioned the New York Public Service Commission to revise intermittent contract certificates to be more responsive to NYISO.
Shutterstock
NJ Lawmakers Back Ørsted’s Tax Credit Plea
The New Jersey Legislature appears to be backing bills that would allow offshore wind developer Ørsted to directly received federal tax credits for its Ocean Wind 1 project.
NJ BPU
NJ Shoots for 4 GW+ in 3rd OSW Solicitation
New Jersey is seeking projects totaling 1.2 to 4 GW — and potentially larger — in the state’s third offshore wind project solicitation planned for early 2023.
BOEM
New York Issues 3rd and Largest OSW Solicitation
New York officials issued the state’s third offshore wind energy solicitation, seeking proposals for up to 4.8 GW in new projects in the New York Bight.
Shutterstock
NJ Delays Third OSW Solicitation for PJM Tx, NY Bight Winners
New Jersey will delay its third offshore wind solicitation by three months to allow it to incorporate proposed transmission projects now being reviewed by PJM.

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