Library filed under Offshore Wind from New York
New York’s chairman of energy and finance will exclude himself from meetings with the world’s largest offshore wind-energy developer about a wind farm off Long Island because of an investment he has in a Goldman Sachs subsidiary that owns a large stake in the company.
Groups including the Long Island Commercial Fishing Association and the Fisheries Survival Fund and a seafood company in Rhode Island have already voiced objections about damage to the fishing ground and potential navigation hazards for vessels traversing the area.
The area known as the New York Bite is especially important for scallops. There’s staunch opposition from an industry which warns 100-plus wind turbines will interfere with scallop beds.
New York Governor Andrew M. Cuomo has vetoed the Port Ambrose Liquefied Natural Gas Deepwater Port project, citing security and economic concerns along with the potential to negatively impact off-shore wind development.
An outpouring of support from lawmakers and environmentalists for an offshore wind farm 30 miles from Montauk appears to have been decisive in helping push the politically connected developer's project to LIPA's list of finalists.
The project was bid as part of a larger LIPA request for proposals for up to 280 megawatts of renewable energy in October 2013.
Deepwater is responding to a 2013 request for proposal by LIPA for 280 megawatts of renewable energy. The state-controlled entity is seeking options after applying for a federal lease for its own wind project proposal with Consolidated Edison Inc. and the New York Power Authority off the coast of Long Island.
The project was technically feasible, but the energy output from the turbines — 120 to 500 megawatts — would have cost two to four times more than land-based wind, according to a NYPA news release. The NYPA said annual subsidies of between $60 million and $100 million would result in high costs to the New York Power Authority. Great Lakes Wind Truth and NA-PAW were outspoken against the GLOW project, with hundreds of residents in the town of Greece, N.Y., signing a petition against it.