New York State has released its long-awaited Offshore Wind Master Plan, encompassing 20 in-depth studies on a variety factors that will affect the state’s ability to reach its 2.4GW offshore wind target by 2030 in a cost-effective manner – from ports and infrastructure, to anticipated jobs, to the most suitable mechanisms for procuring electricity.

Among the high-level conclusions put forward, New York's projections show that it will be cheaper to procure offshore wind than other large-scale renewables in the state by 2030 – meaning offshore wind will help to lower the cost of meeting the state’s 50% renewables target for 2030.