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New York Governor Andrew M. Cuomo has announced the launch of a new large-scale procurement programme that is expected to help retain the state’s existing renewable energy resources.
Called Competitive Tier 2, the renewable energy procurement initiative will promote lower statewide carbon emissions as well as support New York’s economic recovery by increasing competition and reducing energy costs.
The New York State Research and Development Authority (NYSERDA) will administer the programme to ensure the state’s existing baseline renewable energy generation is retained through three annual solicitations, in parallel with other NYSERDA programmes for new large-scale onshore and offshore wind projects.