{"id":71909,"date":"2023-10-12T14:53:09","date_gmt":"2023-10-12T18:53:09","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/commodities\/ny-will-not-change-offshore-wind-and-other-renewable-power-sales-contracts\/"},"modified":"2023-10-12T14:53:11","modified_gmt":"2023-10-12T18:53:11","slug":"ny-will-not-change-offshore-wind-and-other-renewable-power-sales-contracts","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=71909","title":{"rendered":"NY will not change offshore wind and other renewable power sales contracts"},"content":{"rendered":"
\n

(Reuters) – New York regulators on Thursday denied requests by developers of offshore wind projects and dozens of land-based renewable projects seeking billions of dollars in additional funding for existing contracts to sell power.<\/p>\n

The state denial could force developers to cancel some money-losing contracts and cancel or delay projects to sell power in New York as it has for some offshore wind developers in Massachusetts.<\/p>\n

The construction of offshore wind and other renewable projects is key to the plans of New York and other U.S. states to transition away from fossil fuels and reduce carbon emissions.<\/p>\n

The developers sought to renegotiate the contracts because interest rates that have been increased to fight inflation have boosted the cost of building and financing their projects, some of which like offshore wind farms can cost billions of dollars. <\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

(Reuters) – New York regulators on Thursday denied requests by developers of offshore wind projects and dozens of land-based renewable projects seeking billions of dollars in additional funding for existing contracts to sell power. The state denial could force developers to cancel some money-losing contracts and cancel or delay projects to sell power in New […]<\/p>\n","protected":false},"author":1,"featured_media":651,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[242],"tags":[83],"class_list":["post-71909","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-commodities","tag-featured","post_format-post-format-gallery"],"yoast_head":"\nNY will not change offshore wind and other renewable power sales contracts | iFintechWorld<\/title>\n<meta name=\"description\" content=\"(Reuters) - New York regulators on Thursday denied requests by developers of offshore wind projects and dozens of land-based renewable projects seeking\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=71909\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NY will not change offshore wind and other renewable power sales contracts | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"(Reuters) - New York regulators on Thursday denied requests by developers of offshore wind projects and dozens of land-based renewable projects seeking\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=71909\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-12T18:53:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-12T18:53:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/indicatornews_4_800x533_L_1413112066.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"533\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=71909#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=71909\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"NY will not change offshore wind and other renewable power sales contracts\",\"datePublished\":\"2023-10-12T18:53:09+00:00\",\"dateModified\":\"2023-10-12T18:53:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=71909\"},\"wordCount\":154,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"Commodities\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=71909#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=71909\",\"url\":\"https:\/\/ifintechworld.com\/?p=71909\",\"name\":\"NY will not change offshore wind and other renewable power sales contracts | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-10-12T18:53:09+00:00\",\"dateModified\":\"2023-10-12T18:53:11+00:00\",\"description\":\"(Reuters) - New York regulators on Thursday denied requests by developers of offshore wind projects and dozens of land-based renewable projects seeking\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=71909#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=71909\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=71909#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"NY will not change offshore wind and other renewable power sales contracts\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"NY will not change offshore wind and other renewable power sales contracts | iFintechWorld","description":"(Reuters) - New York regulators on Thursday denied requests by developers of offshore wind projects and dozens of land-based renewable projects seeking","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=71909","og_locale":"en_US","og_type":"article","og_title":"NY will not change offshore wind and other renewable power sales contracts | iFintechWorld","og_description":"(Reuters) - New York regulators on Thursday denied requests by developers of offshore wind projects and dozens of land-based renewable projects seeking","og_url":"https:\/\/ifintechworld.com\/?p=71909","og_site_name":"iFintechWorld","article_published_time":"2023-10-12T18:53:09+00:00","article_modified_time":"2023-10-12T18:53:11+00:00","og_image":[{"width":800,"height":533,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/indicatornews_4_800x533_L_1413112066.jpg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=71909#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=71909"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"NY will not change offshore wind and other renewable power sales contracts","datePublished":"2023-10-12T18:53:09+00:00","dateModified":"2023-10-12T18:53:11+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=71909"},"wordCount":154,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"articleSection":["Commodities"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=71909#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=71909","url":"https:\/\/ifintechworld.com\/?p=71909","name":"NY will not change offshore wind and other renewable power sales contracts | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-10-12T18:53:09+00:00","dateModified":"2023-10-12T18:53:11+00:00","description":"(Reuters) - New York regulators on Thursday denied requests by developers of offshore wind projects and dozens of land-based renewable projects seeking","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=71909#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=71909"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=71909#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"NY will not change offshore wind and other renewable power sales contracts"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/71909","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=71909"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/71909\/revisions"}],"predecessor-version":[{"id":71910,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/71909\/revisions\/71910"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/651"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=71909"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=71909"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=71909"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}