NYPA seeks federal license for offshore wind farm

NEW YORK (Reuters) - The New York Power Authority on Wednesday said it would apply with federal regulators for a lease to build one of the nation's first offshore wind power projects in the Atlantic Ocean, off Long Island.

NEW YORK (Reuters) - The New York Power Authority on Wednesday said it would apply with federal regulators for a lease to build one of the nation's first offshore wind power projects in the Atlantic Ocean, off Long Island.

The wind group wants to build a 350 to 700 megawatt wind farm by 2016, the NYPA, which would hold the lease, said in a release.

NYPA said the proposed wind farm would help the city and state meet tough renewable energy goals and reduce carbon emissions in its fight against global warming, but could not say how much the project would cost.

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