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New R&D Consortium Aims to Slash Offshore Wind Costs by $10 per Megawatt-Hour

New York state will lead a research and development hub dedicated to reducing the cost of offshore wind energy in the United States.

Last month, the U.S. Department of Energy awarded the New York State Energy Research and Development Authority (NYSERDA) $18.5 million over four years to establish a public-private consortium tasked with developing solutions to offshore wind installation, operation, maintenance, and supply chain challenges. DOE’s national laboratories will receive an additional $2 million to support the consortium.

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