Sunday, April 29, 2007

Spitzer OKs incentives for Jordanville wind project

The Final Environmental Impact Statement has yet to be completed, but the Spitzer Administration is showering largesse on Community Energy’s 68-turbine Jordanville Wind Project.

The project is one of nine wind projects – 21 clean-energy projects in all, when hydroelectric and biomass are included – targeted for $295 million in “performance incentives” in Gov. Eliot Spitzer’s speech, “15 by 15, A Clean Energy Strategy for New York,” delivered to Crain’s Breakfast Business Roundtable in New York City on Thursday, April 19. He said such incentives have attracted $2 billion in private investment to date in clean energy.

The incentives were announced jointly by NYSERDA (the state Energy Research & Development Agency) and the state Public Service Commission in conjunction with Spitzer’s speech, but few speech, but few details were immediately forthcoming from those quarters.

(Click to read entire article)

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