Wind Energy | Plug Pulled On Great Lake Offshore Wind Energy Project
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Wind Energy | Plug Pulled On Great Lake Offshore Wind Energy Project

The estimated annual cost of GLOW and the current economic conditions were the reasons for the Trustees’ action, the Authority said on Tuesday.

Evaluation of the proposed project’s economics determined that it would not be fiscally prudent for the Power Authority to commit to the initiative.

Development of a 150 megawatt (MW) GLOW project would have resulted in an estimated annual subsidy of between $60 million and $100 million, resulting in a significant cost premium to NYPA, it said.

“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, NYPA.

“The Power Authority’s participation in the evaluation of the LI-NYC Offshore Wind Project and in the regional efforts of such organizations as the Great Lakes Commission and the Great Lakes Wind Collaborative shows NYPA’s dedication to affordable and environmentally-sound development of future offshore wind projects in New York State waters.”

The Power Authority received five responses to the GLOW RFP from Apex Offshore Wind LLC; Great Winds, LLC; NRG Bluewater Wind Great Lakes LLC; Pattern Renewables Development Company, LLC; and RES Americas Developments Inc.

A thorough multi-disciplinary review of the proposals was conducted, which evaluated a wide range of


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