Spotlight on labor ahead of big climate week
This week, two events highlight labor’s power over energy policy.
Source: politico.com
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Another clean energy project requests more money
The $4 billion project is being carried out by Transmission Developers Inc., a subsidiary of the Blackstone Group.
Source: politico.com
Filings show NY green energy could cost consumers 64% more
ALBANY (TNS) — Electricity prices could rise 64% in order to cover inflation and the higher-than-anticipated costs that are becoming apparent in New York’s shift to renewable energy, according to
Source: oleantimesherald.com
WindAction | Filings show N.Y. green energy could cost consumers 64 percent more
In February, the Port of Albany said the costs to build a wind tower factory have grown to $604 million from earlier estimates of $350 million, necessitating more aid. This month, wind developers Equinor and BP said they would need to renegotiate contracts in light of inflation. It was not immediately clear what impact these increases could have on consumer electricity prices. The strike price represents a base line that power generators are guaranteed for their electricity. And NYSERDA’s 64 percent estimate represents an average increase, weighted by the size of th...
Source: windaction.org
Guest Commentary: Numbers don't add up for New York's energy plan
New York state’s Independent System Operator, the NYISO, responsible for maintaining a reliable electric grid, thinks the state’s energy plan is stupid.
Source: thedailystar.com