OPINION / COMMENTARY
In June of 2010, we published an article about an informational meeting for the New York Power Authority's offshore wind project, called Great Lakes Off-Shore Wind (GLOW). The plan for GLOW included constructing offshore wind turbines along the Buffalo waterfront. This opinion article provides a follow-up regarding the GLOW project. Amanda, thanks for sharing your article on Grow!
New York State’s Short-Sighted Vision on Alternative Energies
The New York State Power Authority’s (NYPA) dismissal of the Great Lakes Off-Shore Wind (GLOW) project is a set-back for Western New York’s role in the struggle to find renewable energy and to further the future economic growth of the region.
The biggest factor in the dismissal is cost.
NYPA insisted that the subsidies were too expensive to be feasible. “It's electricity, while green, would simply cost too much, likely three to five times the current market rates,” The Buffalo News business columnist David Robinson noted. $60 to $100 million a year may look like a lot in subsidies, especially in a time of economic recession; however, in comparison with the amount of money spent annually on fossil-fuel subsidies, this number is not so big.