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Keyword: mwh

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  • New York to Pay $155 Per Megawatt Hour for Wind, Current Rate is $36 Per MWH

    08/26/2024 5:16:42 PM PDT · by george76 · 76 replies
    MishTalk ^ | August 24, 2024 | Mike Shedlock
    It currently costs NY about $36 per MWH for energy. But the state demanded wind. Let’s discuss the amazing bottom line results. So Much for So Little The Wall Street Journal asks Why Is New York Paying So Much for Wind Power? New York state signed a contract in June to buy electricity generated by two large wind farms, Empire Wind 1 and Sunrise Wind, off the coast of Long Island. The projects are expected to begin in 2026 and 2027, with power delivered to Brooklyn (Empire) and Long Island (Sunrise). The state will pay $155 and $146 per megawatt-hour,...