The package announced on Tuesday includes $ 341 million statewide for the so - called «last mile» funding, or monies to cover the thorniest, remote areas of the state, many of which rely on spotty satellite service — or have no coverage at all — due to the often -
prohibitive cost of installation.
Not exact matches
«The
cost of compliance will be
prohibitive for many
of these
installations, given the market outlook and other headwinds,» said Gerard Wynn, a London - based IEEFA energy finance consultant and co-author
of the report, on May 8.
Given the scale
of projects under development in more mature markets — for example, in the UK, the 1,218 - MW Hornsea Project One contemplates the
installation of 174 turbines — the additional
cost and complexity
of using foreign ships may be
prohibitive.