Still Love NY? NY’s Offshore Wind Obsession Means Vastly Higher Power Price

Offshore wind is the renewable-energy industry’s shiny new toy. Led by New York, seven Atlantic-coast states have now imposed mandates to expand offshore wind use over the next decade, with the Empire State last week soliciting bids for an additional 2,500 megawatts of offshore power, on top of the 1,700 megawatts procured previously. Advocates claim offshore wind will contribute to a low-carbon future, spur an economic renaissance, and create thousands of jobs. Don’t buy it. The mandates are yet another boondoggle that will benefit a well-connected few, saddling everyone else with even higher power costs. Consider Rhode Island’s 30-megawatt, six-turbine offshore wind project located off Block Island and operated by Deepwater Wind.  >click to read< 14:34

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