The New York State Public Service Commission (PSC) has given the green light to Innogy SE’s (ETR:IGY ) 126-MW Cassadaga wind project.
The approval covers the construction and operation of the onshore wind farm and related transmission infrastructure, including underground and overhead lines, substations, an operation and maintenance base and related facilities. In addition to securing all needed municipal permits, the project was deemed financially viable, PSC said in a statement last week.
The proposed wind farm will use up to 48 turbines, the output of which is expected to be enough to supply over 36,000 average homes. The project will be developed and operated on a merchant basis and will sell its power on the wholesale energy markets.
After getting PSC’s consent, Innogy will need to make several Article 10 compliance filings in order to launch construction. In January 2018, it was granted a certificate authorising the development of the facility by the New York State Board on Electric Generating Siting and the Environment. The regulator then said the project will improve fuel diversity, grid reliability and grid infrastructure upgrade.
New York has set a goal of sourcing 50% of its electricity from renewables by 2030 and lowering its carbon dioxide (CO2) emissions by 40%.
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