Gov. Andrew M. Cuomo on Friday said New York State will invest $3 billion for off-shore wind farms off Long Island, the first time he’s put a price tag on the plan.
In remarks at New York University, where he joined former vice president Al Gore in condemning the Trump administration’s plan to open nearly all U.S. coastal waters for oil and gas drilling, Cuomo made reference to a long list of clean-energy projects by the state.
Among the initiatives was a previously announced plan by the state to issue bid requests for at least 800 megawatts of off-shore wind. The procurements, expected to take place this year and next, will happen in 400-megawatt increments for projects that would dot the deep-water coast off Long Island.
Cuomo and his administration have previously made reference to the procurements, but haven’t previously put a price tag on them.
“We will procure 800 megawatts of offshore wind power, located off-shore of Long Island,” Cuomo said at the event Friday. “These new off-shore wind programs will create 5,000 clean energy jobs. A total investment of $3 billion,” Cuomo said, according to a transcript provided by his office.
The figure is important because it’s likely that at least half of that energy will be directed to the LIPA power grid. LIPA last year released a future energy plan that discussed its plan for meeting a state goal for procuring more green-energy sources, including offshore wind.
One omission in that plan was the cost for the renewable resources, including the wind farms. LIPA at the time said it was too soon to put a price tag on the offshore wind plan, in part because it was too far into the future to estimate.