125 square miles off New York coast dedicated for wind power

[Ksheed]

Federal officials on Wednesday dedicated more than 125 square miles in the waters off the coast of Long Island for the development of commercial wind energy, pushing forward a renewable energy proposal initially created by New York utilities. Interior Secretary Sally Jewell said the state has "tremendous" offshore wind potential. "Today's milestone marks another important step in the president's strategy to tap clean, renewable energy from the nation's vast wind and solar resources," she said in a statement. The Long Island Power Authority, New York Power Authority and Con Edison initially went to the Bureau of Ocean Energy Management in 2011 with the proposal to build the farm in the Atlantic Ocean that would include up to 200 turbines generating about 700 megawatts of energy capable of powering about 245,000 homes. The price tag was estimated at between $2 billion and $4 billion.

http://www.seattletimes.com/business/80k-acres-off-long-island-coast-dedicated-for-wind-energy/

[Bonds 25]

700 megawatts for 15-20 years........ohhhhhhh, but with a 30% capacity factor. So no, it's not 700 megawatts.

Or you could build a Nuke for 6 billion and get 1000 megawatts at 90+ capacity......for 60 years.......24/7

200 wind turbines wherever they are UGLY