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Capital Region wind projects in flux

Oct 17, 2023 12:45 pm

Rick Karlin reports in the Times Union that efforts to build a wind tower factory at the Port of Albany, and to fully develop other wind-power facilities a few miles south at the Port of Coeymans, could be impacted by the state Public Service Commission announcement last week that it wouldn’t allow higher wholesale rates for New York’s emerging offshore wind projects. The Albany project could create an estimated 300 jobs, with an estimated 870 jobs generated in Coeymans. David Hardy, CEO for Orsted Wind’s U.S. division, said, “Sunrise Wind’s viability and therefore ability to be constructed are extremely challenged without this adjustment. We will evaluate our next steps and communicate the status of the project as soon as possible.” Building the Albany wind tower plant is also getting more costly, as port officials say costs have ballooned from $350 million to $604 million. Meanwhile, there is talk about building a third site for offshore renewable wind projects called the New York State Offshore Wind Port, an undeveloped 112-acre spot on the east side of the Hudson River in East Greenbush across from the Port of Albany. Companies are waiting on a delayed announcement from the New York State Energy Research and Development Authority to award new bids for other projects. Read more about this story in the Times Union.