Clean Energy Megaprojects Face Iron Law
Offshore wind projects are not immune to the Iron Law, regularly experiencing vast cost overruns before a single watt is generated
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Offshore wind projects are not immune to the Iron Law, regularly experiencing vast cost overruns before a single watt is generated
From Boston’s Big Dig to California’s high-speed rail to New York’s 12 years-overdue and 300-percent over-budget East Side Access rail project, big boondoggles routinely demonstrate the validity of the rule. Offshore wind projects are not immune to the Iron Law, regularly experiencing vast cost overruns before a single watt is generated.
The developer of Park City Wind may be trying to alter its contract with the state of CT. And that's not the only problem facing the project.
Connecticut could be in danger of losing its biggest offshore wind project — the more than 800-megawatt plan known as Park City Wind. Its developer, Avangrid — parent of United Illuminating and the A...
Healey administration seeks federal help to upgrade power grid ahead of offshore wind buildout.