3 New York wind farms scrapped – Cost implications for Mass., Conn., and R.I.
New York pulled the plug Friday on three offshore wind projects that encountered pricing problems after GE canceled the development of a larger turbine that the developers had been counting on. The decision is a setback for the US offshore wind industry and may have some cost implications for Massachusetts, Connecticut, and Rhode Island, which are in the midst of a joint procurement for offshore wind power. The three wind farms proposed for the coast off New York were all tied to a plan by GE Vernova to start producing giant 18-megawatt turbines at a facility on the Hudson River to be subsidized by the state. more, >>CLICK TO READ<< 10:04
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