Here's some breaking news from our Nancy Madsen, something that the venerable Ms. Madsen has already pretty much reported:
The New York Power Authority will not support offshore wind power projects in Lake Ontario and Lake Erie.
NYPA's board of trustees decided Tuesday morning not to award any power purchase agreements through its Great Lakes Offshore Wind project.
“While deciding not to proceed with GLOW, the Power Authority will continue its commitment to developing and implementing wind and other clean alternative energy sources to produce emissions-free power for the benefit of New Yorkers today and for future generations,” said Gil C. Quiniones, acting president and chief executive officer, in a statement.
The authority will focus on an offshore wind project near Long Island with a direct connection to Long Island, New York City and New Jersey.
NYPA asked in December 2009 for bids from developers to install up to 500 megawatts of wind power in the shallow waters of Lake Ontario and Lake Erie. Bids were due June 1, 2010, when a review process began. Galloo Island Wind Farm, proposed by Upstate NY Power Corp. for an uninhabited island in Lake Ontario about six miles from shore, submitted a proposal. Its developers said it needed a power purchase agreement through NYPA to secure financing.