Long Island Offshore Wind Project: $2.7 to $4.7B

The Long Island–New York City Offshore Wind Collaborative, consisting of Consolidated Edison Company of New York (Con Edison), the Long Island Power Authority (LIPA), and the New York Power Authority (NYPA) filed a lease application with the U.S. Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE).
This application furthers Governor Cuomo’s clean energy agenda.  Earlier this year, the Governor announced the latest awards under New York's Renewable Portfolio Standard program, providing contracts valued at $191 million to 17 renewable energy projects statewide.  It is expected that approximately $1.85 billion will be awarded to additional renewable energy projects over the next four years to meet the state's goal to meet 30 percent of the state's electricity demand with renewable resources by 2015.
The Collaborative also issued a study (http://www.linycoffshorewind.com/econstudy.html) showing that the proposed wind farm of up to 350 megawatts, potentially growing to 700 megawatts that is to be located 13 to 17 miles off the coast of the Rockaway Peninsula and Long Island, could create up to $2.7 billion in new economic activity, including 2,300 to 4,700 jobs during construction and 85 to 170 permanent jobs, depending on project size.
Since 2009, the Collaborative has undertaken visualization simulations (http://www.edrcompanies.com/li-nyc_offshore), completed an interconnection feasibility study and issued a Request For Information (RFI) where over 30 wind developers and technical firms responded indicating a substantial interest in developing what could be the largest offshore wind farm in the country.  While additional information and studies are still needed, including a comprehensive review pursuant to the National Environmental Policy Act (NEPA), preliminary studies by the Collaborative and the New York State Energy Research & Development Authority (NYSERDA) have indicated that the project can be economically productive, environmentally responsible, and technically feasible. (http://www.linycoffshorewind.com/summary_report.html).
ased on the positive results thus far, NYPA, on behalf of the Collaborative, has initiated the process to obtain a lease by submitting a preliminary lease application (http://www.linycoffshorewind.com/lease_application.html) with BOEMRE, formerly known as the United States Minerals Management Service, for development rights on the proposed site, 13 to 17 miles off the coast on the ocean floor.  Letters of support for the lease application are included in the application and were received from Consolidated Edison, Inc.; Long Island Power Authority; numerous Environmental Groups (Alliance for Clean Energy New York, Citizens Campaign for the Environment, Environmental Defense Fund, Environmental Advocates of New York, National Wildlife Federation, Natural Resources Defense Council, New York League of Conservation Voters, Pace Energy and Climate Center, and Renewable Energy Long Island); New York City Mayor’s Office; New York State Governor’s Office; and Port Authority of New York and New Jersey.