4min chapter

Crossroads: The Infrastructure Podcast cover image

NYSERDA Director discusses the state of the offshore wind industry

Crossroads: The Infrastructure Podcast

CHAPTER

Rising Costs and Commitments in Offshore Wind Projects

This chapter explores the 34% increase in strike prices for offshore wind projects in New York, attributing the hikes to market conditions and enhanced developer commitments. It emphasizes the state's dedication to the Climate Act goals through adaptive measures that address both renewable energy targets and cost challenges.

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