New York Power Authority Applies For Long Island Offshore Wind Farm Lease From Feds
photo: Julian Menichini via flickr
Never to be left out of the action, New York has joined other northeast states in marching down the path towards building offshore wind farms: Reuters reports the New York Power Authority will soon be applying for a lease from the federal government required to build a 350-700 MW wind farm off Long Island.Project Cost Nearly $2 Billion, Minimum
The lease would be for over 64,000 acres of ocean, 13-15 miles out to sea. Expected rent for the project is in the $200,000 per year range. Based on estimates in the original article, the cost of the project is likely to be about $4 million per megawatt. In addition, costs for upgrading the electrical transmission system will add $415-812 million, depending upon the final size.
The planned project has been discussed for some time now--and an older plan for a smaller wind farm closer to shore off Jones Beach shelved after cost estimates soared--with the New York Power Authority, the Long Island Power Authority, Con Edison, and other state and city agencies involved.
More on Wind Power:
Rhode Island's First Offshore Wind Farm to Begin Construction in 2010
New Jersey's Offshore Wind Power Plans Will Have Little Negative Environmental Impact: Study
Northeast States Rush to Build Nation's First Offshore Wind Farm
The Windy Apple? Possible 300 Megawatt Offshore Wind Farm on Long Island Discussed