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Renewable reset

What happens next will determine whether New York has a shot at meeting its renewable targets — and how expensive it will be for ratepayers.

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NY regulators: No more money for wind, solar developers

ALBANY (TNS) — State utility regulators gave a hard “no” to a request from developers of the massive offshore wind towers going up off the Long Island coast and dozens

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New York regulators say no more money for wind, solar developers

New York regulators say no more money for wind, solar developers
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WindAction | New York rejects offshore wind, onshore renewables request for larger subsidies

Gov. Kathy Hochul’s administration Thursday rejected a request from companies for bigger payments to complete large-scale wind, solar and offshore wind projects — leaving the developments in doubt and threatening New York’s ability to meet its climate goals. The dismissal by the Public Service Commission sets off a scramble for developers to decide whether to cancel contracts with NYSERDA, sacrificing millions of dollars in security payments. It also places New York’s clean-energy ambitions in peril. The state’s landmark climate law requires 70 percent of electricity in 2030 to come from renewable resources.

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State PSC rejects offshore wind farm developers requests for more subsidies

State PSC rejects offshore wind farm developers requests for more subsidies
newsday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsday.com Daily Mail and Mail on Sunday newspapers.

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