Gov. Andrew Cuomo?s Energy Highway Task Force released its plan Monday to add up to 3,200 megawatts of new electricity generation and transmission capacity in the state.
The task force reviewed 130 ideas submitted by 85 entities to formulate its plan, which calls for $1 billion in new transmission lines, $675 million in new renewable energy generation, $2.5 billion for modernizing existing power plants and building new ones, $250 million for ?smart grid? projects that make the electrical system more efficient and the acceleration of $1.3 billion in transmission and distribution upgrades.
Although most of the money would come from the private sector, state-run utilities such as the New York Power Authority and the Long Island Power Authority would play a role. Studies of the potential for offshore wind farms in the Atlantic Ocean would also be undertaken.
Source: http://blog.timesunion.com/business/energy-highway-task-force-releases-blue-print-for-ny/55296/
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