Big offshore wind project proposed for New York as other sites are evaluated in 3 states [Financial Post (Toronto, Ontario, Canada)]
National Grid Transco, PLC National Grid PLC (NEW) American Depositary Shares (NGG)
US:NYSE Investor Relations:
investors.nationalgrid.com
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Source: Financial Post
BRIGANTINE, N.J. (AP) — Offshore wind energy projects in New York, New Jersey and Maryland are moving forward, as federal regulators examine the proposals and opponents escalate their legal challenges to the work. A large offshore wind farm is being proposed in the waters off New York as federal agencies are pressing ahead with reviews of seven other ocean sites. Community Offshore Wind, a partnership between Essen, Germany-based RWE and New York-based National Grid, on Friday proposed a wind farm that would generate 2.8 gigawatts of electricity, or enough to power 1 million homes. The company also has an active proposal to build a separate project in New Jersey off the coast of Long Beach Island. It says its New York project is the largest offshore wind project ever proposed to New York regulators, although it did not say approximately how many wind turbines it might build there. “New York and New Jersey are both pursuing some of the most ambitious clean energy goals in
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