The Board of Trustees of the Long Island Power Authority (LIPA) voted to approve the first offshore wind farm in New York. The approval of the South Fork Wind Farm, a 90MW development 30 miles southeast of Montauk, is the first step toward developing an area that can host up to 1,000MW of offshore wind power.
The LIPA Board approved a contract submitted by Deepwater Wind for the South Fork Wind Farm after a year-long process. The LIPA Board approved a 20-year pay-for-performance Power Purchase Agreement, allowing the utility to only pay for delivered energy without taking construction or operating risk.