Kathy Hochul
Generation industry representatives and their allies united behind a call to loosen New York’s climate law to allow the repowering of old fossil fuel plants with new natural gas turbines at the Independent Power Producers of New York’s 40th annual Spring Conference.
Alpha Generation, owner and operator of the Gowanus and Narrows floating power plants in New York City, has proposed replacing the six peaking units with three lower-emitting ones in response to Consolidated Edison’s solicitation for solutions to the city’s reliability need.
No specifics are being offered, and the site’s owner indicates significant financial and political support must be established before such a restart of Indian Point could be considered.
The state authority managing New York’s clean-energy transition estimated one part of complying with the state’s climate law could carry a gross impact of more than $4,000 per year per household in some cases.
Residential electricity bills have moved from being background noise in discussions about resource adequacy, decarbonization, and transmission expansion to being the loudest political and business risk, says Dej Knuckey.
New York is trying to strike a balance between economic development, grid stability and affordability as potential new large load customers look for electricity.
New York Gov. Kathy Hochul is calling for a “Nuclear Reliability Backbone” of more than 8 GW as part of an all-of-the-above energy solution, which was among the more than 200 initiatives she floated as part of her State of the State Address.
NYPA and OPG will share information, resources and institutional knowledge to support the economic, technology and workforce initiatives needed for advanced nuclear development on both sides of the border.
The newest iteration of New York’s energy road map maintains a zero-emission grid as a target but acknowledges an uncertain path to that goal, and likely a longer reliance on fossil fuels.
Attorneys for the state of New York agreed in a federal court filing to delay the implementation of the All-Electric Buildings Act.
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