News Summary

• Kathy Hochul.Now, Raacke said he predicts wind developers will ask the state for permission to charge higher rates in a year to offset additional infrastructure costs.“That’s part of the dance here,” he said..
• “The Empire Wind 2 decision provides the opportunity to reset and develop a stronger and more robust project going forward.”The state plans to reopen the bidding process for the project at the end of the month..
• The cost of building those wind farms would add an average of roughly $3 per month to consumer electric bills over the life of the projects, according to Gov..
• Equinor has not decided on whether it will rebid.The move comes less than three months after New York utility regulators denied customer rate hikes requested by Equinor, BP and wind giant Orsted, Reuters reported..
• “It’s a matter of looking at what are the actual additional costs, and then settling on a fair price for everyone.”This story has been updated with new information.TaggedCharles is a Day-of reporter focused on breaking news and enterprise..
• Phil Murphy and NJ Attorney General Matt Platkin condemned the murder of Imam Hassan Sharif and pledged his killer would be brought to justice..