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November 21, 2024
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NY Rejects Inflation Adjustment for Renewable Projects
PSC Says Request Would Undercut Competitive Energy Market
A jack-up barge is shown during geotechnical survey work off the New York coast in preparation for offshore wind power development.
A jack-up barge is shown during geotechnical survey work off the New York coast in preparation for offshore wind power development. | Shutterstock
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New York rejects inflation adjustment requests for 90 planned wind and solar projects that total more than 12 GW of capacity and constitute much of the state’s contracted clean energy pipeline.

NYSERDAOffshore Wind PowerOnshore Wind PowerPublic Service CommissionUtility scale solar