NEW YORK GOES BIG ON NEW TRANSMISSION

NY panel offers plan for up to 3,200 MW of new generation, transmission

Carl Levesque, October 26, 2012 (Wind Energy Weekly)

“…The five-member Energy Highway Task Force…gave New York Gov. Andrew Cuomo a blueprint that includes 13 recommended actions to advance the governor's push to modernize the state's energy system [that will add as much as 3,200 MW of electric generation and transmission capacity as well as renewable power generation through public and private investments totaling about $5.7 billion.]…

“…Cuomo, during his state of the state address in January, outlined an “Energy Highway Initiative” to improve the system…The task force created the blueprint after reviewing feedback from 85 entities, including the state's investor-owned utilities, private developers and investors…[Actions would] involve stakeholders from the private sector, state agencies and investor-owned utilities, along with the New York Power Authority, Long Island Power Authority and the New York Independent System Operator…[and] begin by the end of 2012 or early 2013.”

“The recommended actions…Build $1 billion worth of electric transmission projects totaling more than 1,000 MW of capacity…[and]Advance up to $800 million of investments in electric generation, transmission, and distribution to enhance reliability, safety and storm resilience.

“…[The state would] execute new contracts for up to $250 million with renewable energy developers under the renewable portfolio standard to leverage an additional $425 million in private-sector investment…Build up to $35 million worth of strategic transmission upgrades…[for] additional renewable energy development in northern New York…[prepare for] offshore wind development in the Atlantic Ocean…[and invest] $100 million...for smart grid technologies…[and] demonstration of new technologies in power grid system operations, security and energy storage.”

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