NY Close to Shelving Great Lakes Wind Farm Project

Head winds were just too strong for the huge Great Lakes offshore wind farm. The project, likely to cost upward of $1 billion, was too expensive in an economy still struggling to rebound from the recession. 

Its electricity, while green, would simply cost too much, likely three to five times the current market rates. Public support was lukewarm at best, with county legislatures across Western New York lining up to oppose the project. And its biggest backer, New York Power Authority President Richard Kessel, left his job earlier this month, leaving his pet project without a real master.

Is it any wonder the New York Power Authority is on the verge of pulling the plug on the project?

(More on closure of the Great Lakes wind farm . . . )