Organized Labor Lauds Governor Cuomo’s Announcement Involving Finalized Contracts for Empire Wind and Sunrise Wind Offshore Wind Projects That Will Deliver Nearly 1,700 Megawatts Of Clean & Affordable Renewable Energy to New Yorkers
(ALBANY, NEW YORK) – Organizing Labor is lauding Governor Andrew Cuomo announcement that the New York State Energy Research and Development Authority (NYSERDA) has finalized contracts with Equinor Wind US LLC for its 816 megawatt Empire Wind Project and Sunrise Wind LLC for its 880 megawatt Sunrise Wind Project to deliver clean, affordable renewable energy to New Yorkers.
As the largest procurement for offshore wind in the Nation's history, the announcement advances Governor Cuomo's Nation-leading Green New Deal goal to develop 9,000 megawatts of offshore wind by 2035 and position New York State as the regional hub of this rapidly growing industry in the United States.
"New Yorkers know all too well the devastating impacts of climate change and the catastrophic consequences if we do not act urgently," Governor Cuomo said. "By finalizing the contract awards for the Nation's largest offshore wind procurement, we are realizing the positive impacts these projects will have on the environment, while diversifying our economy and bringing significant economic benefits to the Empire State."
Gary LaBarbera, who serves as the President of the 100,000 member Building & Construction Trades Council of Greater New York, said: "Governor Cuomo and his Administration continue to lead the Nation around climate change. The investment in offshore wind is a significant step for New York State and will lead to the creation of thousands of good paying Middle Class Jobs with benefits."
John Durso, the President of the Long Island AFL-CIO Labor Federation, said: "In July, Governor Cuomo announced the first large procurement of offshore wind power in New York State in the fight against climate change. This is an opportunity to develop good Union Jobs in an emerging industry. With the announcement of finalized contracts we have taken another historic step on the journey to creating good union jobs, growing our economy and continuing the necessary fight against climate change."
NYSERDA also concurrently submitted its comprehensive filing: Launching New York's Offshore Wind Industry: Phase 1 Report, to the New York State Department of Public Service (DPS). The Report documents the successful results of New York's first large-scale offshore wind solicitation with a combined total capacity of nearly 1,700 megawatts and provides important details about these highest scoring projects.
As detailed in the report submitted to DPS, the State's first large scale offshore wind solicitation resulted in Offshore Wind Renewable Energy Certificate prices approximately 40% less than projected by NYSERDA's 2018 analysis, signaling that the costs to deploy offshore wind are rapidly declining.
An OREC represents the environmental benefits associated with one megawatt-hour of electricity generated from offshore wind resources and consumed by retail customers in New York State. By compensating offshore wind generators for these investments, ORECs provide financial support necessary to lay the groundwork for the industry to take root, which will yield growing dividends for New Yorkers as the industry matures, the Governor’s Office said.
These projects are priced competitively relative to recent results from New Jersey and several New England States, while also delivering significant new port infrastructure investments, Public-Private Workforce Training commitments and thousands of well-paying job opportunities.
To Read Governor Cuomo’s Announcement In Its Entirety, Go To: www.governor.ny.gov/news/governor-cuomo-announces-finalized-contracts-empire-wind-and-sunrise-wind-offshore-wind?fbclid=IwAR2FCl2sEf01-iKFc8vL9nA7u_-cDsg9lYEANifLLzpF_YTnhl9iCCc7SxM