NY Offshore Wind Program (OREC Solicitations)
Supports Competitive OREC procurements to develop offshore wind capacity sufficient to power NY homes.
NYSERDA runs competitive solicitation rounds to procure Offshore Renewable Energy Credits (ORECs) — long-term contracts for offshore wind output funded by load-serving entities (utility ratepayers). Solicitation rounds have been held in 2018, 2020, 2022, and 2024.
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No upcoming rounds verified. Cadence: Multiple per year.