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New Yorkers would be forced to pay 2.5x market rate for wind energy from Empire Wind One offshore farm: expert

Empire Wind One
New York Post Fews App News Provider
Fews App Post Time 1d ago

New Yorkers would be forced to pay 2. 5 times the market rate for electricity generated by the Empire Wind One offshore wind farm if the deal goes through, according to an independent financial analysis. The Trump Administration paused construction of the controversial project — 54 turbines in the Atlantic Ocean some 14 miles south of Long Island — last week, saying it needs further review.

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