Wind Power Farm One Step Closer To Reality
A wind power farm proposed for the ocean off the shore of Rockaway took one step closer to reality this week when the Long Island Power Authority authorized a lease for land beneath the Atlantic Ocean from the federal government.
The wind project site includes an area of approximately 64,500 acres of underwater land and is approximately 13 to 15 miles offshore of Breezy Point in the Atlantic Ocean’s Outer Continental Shelf (OCS), an area under the jurisdiction of the Bureau of Energy — a federal bureau within the United States Department of Interior.
The proposed lease would run for 25 years. An application fee of $16,000, based on a price of $0.25 per acre, is required upon submission of the lease application. Annual rent during project development and construction will be negotiated with BOE and is expected to be approximately $3 per acre resulting in an approximate annual rent of $200,000. Once a project is operational, BOE will receive a portion of the revenue generated from energy sales as the payment for the lease.
The Long Island–New York City Offshore Wind Collaborative (LI-NYC Wind Collaborative), which consists of NYPA, Consolidated Edison Company of New York, Inc. (Con Edison), the Long Island Power Authority (LIPA), the City of New York and other New York City and New York State governmental entities, is evaluating the development of 350 megawatts (MW) up to a total of 700 MW of offshore wind by 2016. The application for a lease is a necessary measure to pursue the feasibility of the offshore wind project.
“By taking this step, New York moves closer to the clean energy economy which combines the benefits of emission-free generation for a better environment with the economic development opportunities of the jobs and industries that will aim to make New York a leader in the growth of offshore wind,” said Richard Kessel, president and chief executive officer of LIPA.
“To achieve our PlaNYC goals of improving air quality, increasing the reliability of our energy network, and reducing greenhouse gas emissions 30 percent by the year 2030, we must develop renewable sources of electricity,” said Mayor Michael Bloomberg. “Beginning the process of leasing the land beneath the ocean will get us closer to developing power from the Long Island-New York City offshore wind farm, which when built, will reduce our dependence on fossil fuels and promote economic development.”
“The action by the NYPA Board of Trustees is the next big milestone in exploring the feasibility of developing an offshore wind farm and positioning New York as leaders in the renewable energy world,” said Kevin S. Law, president and chief executive officer, LIPA. Our project has the potential to diversify our energy portfolio, strengthen the economy with the creation of new quality jobs, and help to meet the State’s ‘45 by 15’ clean energy initiative.”