
Feb 12 (Reuters) - NEW YORK STATE PUBLIC SERVICE COMMISSION:
SAYS THE NEW YORK STATE PUBLIC SERVICE COMMISSION (COMMISSION) TODAY APPROVED THE NEW YORK STATE ENERGY RESEARCH AND DEVELOPMENT AUTHORITY'S (NYSERDA) OFFSHORE WIND (OSW) IMPLEMENTATION PLAN PROPOSAL
THE COMMISSION ACTED TO ENSURE THE ORDERLY MANAGEMENT OF THE OSW PROGRAM AND CORRESPONDING SALE OF OSW RENEWABLE ENERGY CERTIFICATES (ORECS) BY NYSERDA WHEN THE PROGRAM BECOMES OPERATIONAL, SAID COMMISSION CHAIR RORY M. CHRISTIAN.
SAYS NYSERDA IS RESPONSIBLE FOR MANAGEMENT, SALE, AND DISTRIBUTION OF ORECS WITHIN THE NEW YORK GENERATION ATTRIBUTE TRACKING SYSTEM (NYGATS) ONCE OSW GENERATION ASSETS ARE INTERCONNECTED TO THE GRID AND BEGIN GENERATING INTO THE NEW YORK CONTROL AREA.
NEW YORK HAS SEVERAL OFFSHORE WIND PROJECTS UNDER DEVELOPMENT WITH THE 816 MW EMPIRE WIND PROJECT SCHEDULED TO COME ONLINE IN 2027