Any Way the Wind Blows
Governor Cuomo wants to move a big chunk of New York’s electric grid offshore. With the closure of the Indian Point Energy Center looming in 2021, the governor is pushing his version of the Green New Deal, which includes 9,000 megawatts of new offshore wind-energy capacity. But even if Cuomo succeeds in anchoring thousands of wind turbines in some of the most heavily fished and navigated waters on the eastern seaboard, the new installations won’t come close to supplying all the electricity New York needs.
The Facts You Need to Know
Nuclear: The Indian Point facility currently supplies about 25% of New York City’s electricity. Read more.
Wind: Nearly half of Cuomo’s 9,000 megawatts of offshore wind capacity will be needed just to replace the electricity now being generated by Indian Point. Read more.
Fish: Commercial fishermen in Montauk and other coastal towns are fighting to protect their fisheries from the encroachment of Big Wind. Read more.
“If Cuomo was serious about cutting New York’s greenhouse-gas emissions, he would be fighting to keep Indian Point open.”
Upstate New York ratepayers will pick up more than half the multi-billion-dollar tab for a massive offshore wind turbine project that will provide very costly power for Long Island and New York City. Wind developers will be paid more than 3x last year's average wholesale rate. https://t.co/biSb04rWce— SIFF Capital (@SIFFCapitalMgmt) July 19, 2018
The Past is Present
“New York governor Andrew Cuomo’s renewable-energy plan will require forcing small towns to build turbines against their will.”
And in other news...
“Taxi and for-hire passengers will pay a congestion charge on trips in the busiest parts of New York City after a state court judge on Thursday lifted a temporary restriction on the fee.”