High Price Tag Kills Jones Beach Offshore Wind Farm
The proposed Jones Beach offshore wind farm won’t get the chance to generate new clean power for Long Island .The project’s high price tag was ultimately the cause of its undoing according to comments from Long Island Power Authority (LIPA) Chairman Kevin Law. FPL Energy LLC’s most recent estimates were almost $700 million for the project. And a report released last month by Pace Global Energy Services LLC estimated the project would cost $811 million.
Cost concerns about the project have been under scrutiny for months and the decision was not unexpected. Thankfully, LIPA made it clear that it is still open to wind power proposals, of both the on- and offshore variety.
Environmental Advocates of New York remains supportive of wind power and the critical role it will play in our energy future. Because energy use is a significant source of air pollution, one way to reduce pollution is by increasing the use of clean and safe energy, such as wind and solar power.
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