The New York City Economic Development Corp., on behalf of the City, released a Request for Expressions of Interest that will call for "innovative ideas to help New York City develop sources of renewable energy." Responses to the RFEI are due in September.

Hugh Finnegan, an attorney in the real estate group at Sullivan & Worcester LLP, tells GlobeSt.com that there are no real specifics at this time, only concepts and that "it is years away from happening." He notes that "no one is against being less reliant on oil, but it is more of a question of how it gets accomplished."

"There will be a fair bit of Nimby [Not In My Back Yard] thinking," he says. "Building owners will need to be convinced that it will help them save money." Finnegan continues that there will most likely be "lawsuits from community groups who will not want the windmills in their areas. There will be lawsuits by environmental groups who will argue that the off-shore windmills will destroy the ocean floor."

At the Summit, Mayor Bloomberg pointed to Aug. 14, 2003, when the Northeast and Canada suddenly went dark, noting that the blackout was a wakeup call, and was caused by "our failure to take care of our infrastructure." In the five years since the blackout, the Mayor said, the population of the US has grown by roughly 10 million people. Demand for electricity, he said, has kept climbing, too.

"Right now, energy is the number one issue in America," he said. "…We need a unified vision of our energy future and how to implement it--which, when, what, where." The Mayor mentioned that the City has already created steps towards a sustainable future with PlaNYC, which is an energy policy to clean New York City's air, green the environment, and fuel the economy. At the same time, the Mayor said that the City plans to roll out proposed new City laws and regulations that will require new levels of transparency about energy use in commercial buildings.

Mayor Bloomberg explained that conservation alone isn't enough. "We also need to dramatically step up the production of clean energy for our growing city and economy. For example, I believe that we've got to be willing to do what some other nations--such as France--have already done, and increase our capacity of safe and clean nuclear-generated power." He adds that by building new plants using cleaner fuels and new technology, and by modernizing existing power plants, some of which he says now burn polluting oil, "we can begin generating cleaner power right away."

Some of the "innovative ideas" the City is looking at could include projects that might be designed to draw power from the tides of the Hudson and East Rivers, or increase rooftop solar power production, which he estimated could meet nearly 20% of the City's need for electricity. "They could tap into geothermal energy. In fact, some private home and building owners have already drilled their own 'heat wells.' Or perhaps companies will want to put windfarms atop our bridges and skyscrapers, or use the enormous potential of powerful off-shore winds miles out in the Atlantic Ocean, where turbines could generate roughly twice the energy that land-based windfarms can. Windfarms located far off our shores, some evidence shows, could meet 10% of our city's electricity needs within a decade."

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Natalie Dolce

Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.