Pipeline of Projects Critical to Meeting Renewable Energy Goals

By Joe Martens

I moderated a “Developers Roundtable” at the Advanced Energy Center conference yesterday in New York City. The CEOs in attendance had nothing but praise for New York’s Offshore Wind Master Planand they all agreed that the process New York was going through to put out an offshore wind procurement in 2018 was a good one.

Importantly, all agreed that despite all of the review at the federal, state and local level, they would not weaken or try to fast-track the process because they want to reassure the public that they want to get it right. They also agreed that community engagement is an essential ingredient to successful projects.  On keeping costs down and ensure that local benefits are maximized, Deepwater Wind CEO Jeffrey Grybowski (@JGrybowski) stressed the importance of creating a pipeline of projects. 

 

I highly recommend this excellent Inside Climate News story on the session from reporter Saqib Rahim(@SaqibSansU). Note: if you’re not already a subscriber, you may want to sign up for the free trial.

 

Here’s how the story starts:

 

RENEWABLES

U.S. can replicate Europe's wind build-out, executives say

Saqib Rahim, E&E News reporter

Published: Wednesday, March 28, 2018

NEW YORK CITY — The CEO of a U.S. offshore wind company says project costs in America could one day approach the low costs seen in Europe.

It just takes three things, said Deepwater Wind CEO Jeff Grybowski: "projects, projects and projects."

Speaking at an energy conference in New York City, Grybowski, whose company has built the only offshore wind farm in the United States to date, lauded the states trying to hurry up and build projects. He said that's the same way solar and onshore wind slid down the cost curve.

"There's no reason that offshore wind is going to have any different of a story," he said on a panel at the Advanced Energy Conference. "There's no reason why offshore wind ought to be really cheap in Europe and not so cheap in the United States. There's no magic here the U.S. can't replicate."