New York Wind farm’s long-term cost will be high for power projects

When Gov. Andrew M. Cuomo in a speech last month touted an offshore wind farm 30 miles from the coast of Long Island, he made special note of its “inexpensive energy,” saying it would “drive the economy.” While the project by developer Deepwater Wind promises many many benefits, including meeting LIPA’s green-energy goals and the state’s Clean Energy Standard, it’s hard to make the case that the power it produces will be inexpensive.  Power from the current crop of natural-gas fueled plants on Long Island costs around 7.6 cents per kilowatt hour. Commercial fishing groups have generally opposed offshore wind energy, but a Siena College poll last month found 76 percent of Long Islanders supported the concept when the projects were 10 miles or more miles from shore. Read the story here 12:03

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