WORLD WORLDWIDE USA New York NY New York City NYC the city THE CITY News Journal Update - Uncertain Future for Solar, Wind Projects as New York Rejects Funding Boost

 

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If you know anyone who might like this newsletter, send it to them. If this was sent to you by someone else, subscribe here — it's free!  Dear New Yorkers, A state commission made a decision yesterday that could bring major delays to key wind and solar projects in New York — potentially endangering the state’s clean energy goals. Renewable energy developers planning projects all around the state and the Atlantic Ocean told the Public Service Commision they would need more than double the funding already promised to them in subsidies to make their plans viable. But the commission said that paying the companies more would ultimately hit ratepayers with higher electric bills — a nearly 7% increase — and that the original deal they struck should be honored. “By rejecting this relief, we signal to every vendor that our contracts, our commitments, are worth the paper they are written on,” said PSC Chair Rory Christian. “We signal that ratepayer funds are not an unlimited piggybank just at anyone's disposal.” But the developers warn that solar and wind projects may not come to fruition without the boost in funding. In the waters southeast of Montauk, for example, the Danish multinational energy company Ørsted is reevaluating whether it will continue an offshore wind project there, it told THE CITY. Read more here. In other news: Houses of worship, schools, cultural institutions and some neighborhoods will see an increased police presence as New York City prepares for a possible “day of resistance” on Friday — rumors of which have circulated widely on social media — even though there are no specific threats to the city, officials said. Gov. Kathy Hochul and Mayor Eric Adams urged New Yorkers to remain vigilant in case local violence erupts in the wake of terrorist attacks and war in Israel and Gaza. But they also urged New Yorkers to continue doing what they usually would, including sending kids to school and going to work. “New York City is the most diverse city in the world, and protecting our residents is the most sacred responsibility that we have,” Adams said Thursday evening in a press briefing. NYPD officials said they are monitoring a large-scale protest in support of Palestine planned in Times Square Friday. — Katie Honan Some other items of note: Headlines about Wall Street this year have painted a dire picture. But in fact, the securities industry is doing surprisingly well on all the metrics that matter most to New York, according to an annual comprehensive look by state comptroller Thomas DiNapoli. Here are the highlights. In the city, there are a lot of ways to find publicly available information about the buildings on your block — and even more reasons to want it. What’s being built down the block? Where does your landlord get mail? How much did your neighbor pay for that place? In our guide on how to snoop through property records like a reporter, we answer those questions and more. Weather scoop by New York Metro Weather Friday's Weather Rating: 9/10. Another absolute gem for most of the day! High temperatures in the mid 60s, sunny skies, low dew points and a nice breeze. Clouds increase later this evening with showers moving in late tonight. Still, the vibes are very good out there!! Things To Do Here’s what’s going on around the city this week. Saturday, Oct. 14: Autumn Starfest, The Amateur Astronomers Association will host its annual fall stargazing event. Join them in the day to catch a partial solar eclipse and later that night to marvel at the stars and planets. Free in Central Park.  Saturday, Oct. 14: Harlem New York African Restaurant Week, Taste cuisine from across the diaspora and vote for which vendor has the best jollof rice dish. Free general admission with voting tickets starting at $17.74. Sunday, Oct. 15: Carl Schurz Park's Annual Harvest Festival, Jam out, go on a family-friendly spooky trail, and even get a chance to pick a pumpkin from the Mayor’s Lawn. Free from 1 to 3 p.m.  THE KICKER: Once upon a time, New Yorker naysayers would host dinner parties called Thirteen Clubs, with 13 guests, on days like today: Friday the 13th. Let’s bring that back, who’s hungry? Thanks, as always, for reading. Make it a great Friday. Love, THE CITY P.S. Love THE CITY? Our nonprofit newsroom runs on support from readers like you. Donate here.

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