10/31/2024 | Press release | Distributed by Public on 10/31/2024 12:44
For Immediate Release:10/31/24
Contact: [email protected]| (518) 860-9935
NYPA Holds Public Hearing in Western New York on Draft Strategic Plan for Expanding Renewable Energy Resources on Nov. 7
In-Person Hearings with Morning and Evening Sessions Scheduled for Niagara Falls
Virtual Hearing on Nov. 21 Offers Additional Opportunity for
Public Comment
WHITE PLAINS-The New York Power Authority (NYPA) will hold the first public hearing on its Renewables Draft Strategic Planon Nov. 7 at the Niagara Power Vista to gather community feedback and offer the opportunity for New Yorkers to share input. The draft Strategic Plan is open for public comment via NYPA's website. Comments will be accepted through Dec. 9, 2024.
In addition to morning and evening in-person public hearing sessions at the Niagara Power Vista, NYPA will hold a virtual public hearing with morning and evening sessions to gain input from interested stakeholders, including community members and elected officials. Feedback received through the public hearing and stakeholder engagement process will be incorporated in the final Strategic Plan that will be presented to the NYPA Board of Trustees for approval at its December board meeting. The final Strategic Plan will be published on the Power Authority's website and submitted to the Governor and the Legislature by Jan. 31, 2025.
Information on the Nov. 7 public hearing in Niagara Falls and the Nov. 21 virtual hearing:
Since Governor Kathy Hochul approved NYPA's expanded authority to build renewable energy projects on May 3, 2023, NYPA has advanced its plans for the development of new renewables. NYPA has established new business structures, filled key personnel roles, made required regulatory filings, obtained tax rulings, approved the formation of a renewables subsidiary, issued a $100 million bond for new renewable energy projects, and garnered other necessary information and resources to advance the first tranche of projects.
NYPA has identified 40 renewable projects-at least one in every region of the state-representing a total pipeline capacity of more than 3.5 GW. Further examination of the proposed projects, including their economics, community impacts and real-estate considerations, will determine their viability in the build out of the Power Authority's renewable portfolio.
Visit https://www.nypa.gov/renewablesfor more information about NYPA's role in developing renewable energy, the public hearings, and how to submit a comment.
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About NYPA
NYPA is the largest state public power organization in the nation, operating 17 generating facilities and more than 1,550 circuit-miles of transmission lines. More than 80 percent of the electricity NYPA produces is clean renewable hydropower. NYPA finances its operations through the sale of bonds and revenues earned in large part through sales of electricity. For more information visit www.nypa.govand follow us on Twitter, Facebook, Instagram, Tumblrand LinkedIn.