Supply Chain, Workforce, Economic Development
Creating Economic Opportunities in New York and Attracting Industry
Offshore wind is more than an emerging cornerstone of New York State’s pathway to a clean energy future. It is a burgeoning high-tech industry that will bring billions of dollars of investment and create thousands of jobs for New Yorkers in a range of sectors including manufacturing, installation, operations and maintenance, and project development. With a nation-leading commitment to developing 9,000 megawatts of offshore wind energy by 2035, a central location between Northeastern and Mid-Atlantic states, core manufacturing competencies, pioneering education and labor institutions, and a veteran workforce, New York is ideally positioned to be the long-term hub of the U.S. offshore wind industry.
NYSERDA is facilitating collaboration between state agencies, labor organizations, academia, local businesses, and the global offshore wind industry to cultivate a New York-centered U.S. supply chain and develop clear pathways to well-paying, long-term careers in the offshore wind industry.
NYSERDA leads a Jobs and Supply Chain Technical Working Group comprised of representatives from key stakeholder groups. For more information, see our Technical Working Groups (TWGs) webpage.
How New York is Attracting an Industry
Governor Kathy Hochul announced a nation-leading $500 million investment proposal for offshore wind ports, manufacturing, and supply chain infrastructure in her 2022 State of the State address.
This funding will help attract and catalyze additional private funds as part of the State’s much-anticipated third offshore wind solicitation, to be issued in 2022. It also further solidifies New York’s national leadership in offshore wind development and strengthens the State’s unmatched commitment to investments in the burgeoning industry and cultivating a long-term domestic supply chain.
In implementing this significant state funding, NYSERDA anticipates applying similar principles as prior solicitations to attract and catalyze additional private funding from supply chain partners, port operators, and offshore wind developers as part of their proposed projects to supply clean energy to New York.
In addition to the initiatives of NYSERDA’s Offshore Wind Program, our partners are actively working to make New York an attractive market for the offshore wind industry.
Center for Economic Growth
The Center for Economic Growth (CEG) serves as the economic development organization for New York’s eight-county Capital Region. Our professional team is committed to raising awareness of the Capital Region as an attractive, competitive location for investment and job growth. With over 200 acres of shovel ready ports, a growing Tier 2 supply chain and ample workforce, the Capital Region is prepared to grow the New York offshore wind industry. We are ready to partner with interested businesses to help navigate economic development programs and resources, as well as connect with regional offshore wind assets.
For more information contact Katie Newcombe at firstname.lastname@example.org.
Empire State Development
Empire State Development (ESD) is New York State's lead economic development agency. ESD promotes a vigorous and growing state economy through business investment and job creation, and by supporting diverse, prosperous local economies across the State through the efficient use of loans, grants, tax credits, real estate development, marketing and other forms of assistance. New York's commitment to cleaner, non-carbon energy supplies offers an incredible opportunity to grow new industries here and to replace more traditional manufacturing with technology manufacturing.
Hudson Valley Economic Development Corporation
The Hudson Valley Economic Development Corporation (HVEDC) is the leading economic development and business advocacy organization in the Hudson Valley. HVEDC provides comprehensive market data, including economic indicators, workforce information, industrial and commercial real estate information and other information relevant to business location decisions. With a robust regional team of expert career professionals and educational partners, HVEDC provides training, resources, incentives and placement support to ensure businesses have the talent they need to succeed and grow. HVEDC has targeted programming designed to support and grow key industries in the Hudson Valley, including biotechnology and healthcare, food and beverage, tourism and hospitality and advanced manufacturing. HVEDC stands ready to help in making the connections and developing the right relationships to explore offshore wind energy advantages in the Hudson Valley.
For more information, contact Brian Gates at 845-220-2244 or email@example.com.
Nassau County Industrial Development Agency
The Nassau County Industrial Development Agency (IDA) is a New York State public benefit corporation. The mission of the Nassau County IDA is to support and promote economic development and employment opportunities in Nassau County by attracting new companies and industries, as well as by assisting current businesses in taking advantage of opportunities to grow and expand. The Nassau County IDA can provide financial assistance in the form of a structured payment in lieu of property tax payment schedule (PILOT), and savings on mortgage recording taxes, in addition to sales and use tax exemptions. The Agency stands ready to assist businesses with site location and connections to local manufacturers that hold FAA certifications and the like. The Nassau County IDA can be your partner in developing the right relationships for your Offshore wind business to be successful in New York.
For more information contact Catherine Fee, Director of Business Development at 516-571-1945 or firstname.lastname@example.org.
New York City Economic Development Corporation
New York City Economic Development Corporation (NYCEDC) creates shared prosperity across New York City’s five boroughs by strengthening neighborhoods and creating good jobs. NYCEDC works with and for communities to provide them with the resources they need to thrive, and we invest in projects that increase sustainability, support job growth, develop talent, and spark innovation to strengthen the City’s competitive advantage. To accelerate the growth of offshore wind in our region, NYC with our partners will equip the South Brooklyn Marine Terminal in Sunset Park as a new hub for staging, installing and operating turbines across the tri-state area.
The NYCEDC has revealed a 15-year 191 million Offshore Wind Vision (OSW) plan to make New York City a leading destination for the offshore wind industry. The 191 million offshore wind investment will put New York City on the path to create over 13,000 jobs and generate 1.3 billion in average annual investment, ensure 40 percent of job and investment benefits are directed toward women, minorities, and environmental justice communities and reduce 34.5 million tons of CO2 which is the equivalent of removing nearly 500,000 cars from roadways for 15 years.
Suffolk County Industrial Development Agency
The mission of the Suffolk County Industrial Development Agency (IDA) is to promote economic development in the county by helping businesses expand and grow, increase employment opportunities, and add to the quality of life for the residents of Suffolk County. As the lead agency attracting new investment in Suffolk County and driving the region’s innovation economy and job expansion, Suffolk IDA is keenly focused on nurturing and supporting the renewable energy sector.
For more information contact Kelly Morris at 631-853-4802 or email@example.com.
Workforce DevelopmentPreparing New Yorkers for careers in the offshore wind industryRead More
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Supply Chain DatabaseConnecting local businesses to the offshore wind industryRead More
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Port InfrastructureInvesting in critical infrastructure to drive local economic opportunityRead More
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