Gov. Paterson announces nearly $300 million for renewable energy projects
NORWICH – Governor David A. Paterson has announced that the New York State Energy Research and Development Authority (NYSERDA), and the Public Service Commission (PSC), are partnering to provide nearly $300 million for renewable energy projects under the Renewable Portfolio Standard Program (RPS), helping to accelerate the development of New York’s clean energy economy.
According to a Paterson press release, New York is continuing to invest in clean energy, hoping to achieve the governor’s goal of meeting 45 percent of the state’s energy needs through energy efficiency and renewable energy by 2015.
“Investments in clean, renewable energy will form the foundation for New York’s clean energy economy by creating jobs and helping control energy costs for New Yorkers,” said Governor Paterson. “As I laid out in my State of the State address, we will transform New York’s economy by investing in the technology of the twenty-first century, improving our economy and our environment through strategic investments in clean energy industries which will sustain New York state in the future.”
Nearly a third of the funds will support wind power initiatives at the Hardscrabble wind project in Herkimer County and the Beekmantown wind project in Clinton County. Funds have also been allocated for hydroelectric upgrades to the School Street and Stewarts Bridge power projects in Albany and Saratoga Counties, and new initiatives at the Onondaga Renewables biomass plant, also in Onondaga County.
These projects will add more than 142 megawatts of renewable capacity and produce nearly 578,656 megawatt hours per year of clean renewable energy, enough to supply clean energy to approximately 85,000 homes. Estimates show that these projects will also provide more than $91 million of in-state benefits over the next three years through new jobs, increased property tax revenues, royalty payments to landowners and other economic activity, according to the governor’s office.
“New York’s successful RPS program has been instrumental in attracting private investment in renewable energy and supporting Governor David Paterson’s aggressive clean energy agenda,” stated NYSERDA President and CEO Francis J. Murray, Jr. “The Public Service Commission’s continued and ongoing commitment to increasing New York’s use of renewable energy will help create jobs, improve our environment and strengthen our energy security.”
“The RPS program is a key element of Governor Paterson’s strategy for obtaining a more diversified energy portfolio. This important initiative not only helps reduce emissions of global warming gases, it does so at a minimal cost to the State’s ratepayers,” said PSC Chairman Garry Brown. “This much-needed development and expansion of our renewable energy resources will help New York take greater control of its energy future.”
The PSC, in December, acting on an agenda set by Governor Paterson, expanded the RPS Program, increasing the proportion of renewable electricity used by New Yorkers from 25 percent to 30 percent by 2015. Approximately $200 million in new Main-Tier solicitation was authorized by the PSC for large-scale electric generating projects, commencing as soon as they become practical. Continuing to support the development of various renewable energy technologies will help to achieve Governor Paterson’s “45 by 15” clean energy goal, according to the press release. The governor’s “45 by 15” calls for 30 percent of New York’s energy needs to be met by utilizing renewable technologies, with the other 15 percent gained through energy efficiency measures.
New York state is nationally recognized for its investments in clean renewable energy technologies, according to Governor Paterson’s office. Including projects from this latest solicitation, 33 renewable projects have been selected under the RPS program, representing more than 1,300 megawatts of renewable capacity. Of the 33 projects selected to date, 27 have successfully entered operation, one facility is under construction and five are under development. These include 13 wind farms, 17 hydroelectric plant upgrades, two power plants displacing coal with biomass, and one power plant which will use 100 percent clean renewable biomass.
According to a Paterson press release, New York is continuing to invest in clean energy, hoping to achieve the governor’s goal of meeting 45 percent of the state’s energy needs through energy efficiency and renewable energy by 2015.
“Investments in clean, renewable energy will form the foundation for New York’s clean energy economy by creating jobs and helping control energy costs for New Yorkers,” said Governor Paterson. “As I laid out in my State of the State address, we will transform New York’s economy by investing in the technology of the twenty-first century, improving our economy and our environment through strategic investments in clean energy industries which will sustain New York state in the future.”
Nearly a third of the funds will support wind power initiatives at the Hardscrabble wind project in Herkimer County and the Beekmantown wind project in Clinton County. Funds have also been allocated for hydroelectric upgrades to the School Street and Stewarts Bridge power projects in Albany and Saratoga Counties, and new initiatives at the Onondaga Renewables biomass plant, also in Onondaga County.
These projects will add more than 142 megawatts of renewable capacity and produce nearly 578,656 megawatt hours per year of clean renewable energy, enough to supply clean energy to approximately 85,000 homes. Estimates show that these projects will also provide more than $91 million of in-state benefits over the next three years through new jobs, increased property tax revenues, royalty payments to landowners and other economic activity, according to the governor’s office.
“New York’s successful RPS program has been instrumental in attracting private investment in renewable energy and supporting Governor David Paterson’s aggressive clean energy agenda,” stated NYSERDA President and CEO Francis J. Murray, Jr. “The Public Service Commission’s continued and ongoing commitment to increasing New York’s use of renewable energy will help create jobs, improve our environment and strengthen our energy security.”
“The RPS program is a key element of Governor Paterson’s strategy for obtaining a more diversified energy portfolio. This important initiative not only helps reduce emissions of global warming gases, it does so at a minimal cost to the State’s ratepayers,” said PSC Chairman Garry Brown. “This much-needed development and expansion of our renewable energy resources will help New York take greater control of its energy future.”
The PSC, in December, acting on an agenda set by Governor Paterson, expanded the RPS Program, increasing the proportion of renewable electricity used by New Yorkers from 25 percent to 30 percent by 2015. Approximately $200 million in new Main-Tier solicitation was authorized by the PSC for large-scale electric generating projects, commencing as soon as they become practical. Continuing to support the development of various renewable energy technologies will help to achieve Governor Paterson’s “45 by 15” clean energy goal, according to the press release. The governor’s “45 by 15” calls for 30 percent of New York’s energy needs to be met by utilizing renewable technologies, with the other 15 percent gained through energy efficiency measures.
New York state is nationally recognized for its investments in clean renewable energy technologies, according to Governor Paterson’s office. Including projects from this latest solicitation, 33 renewable projects have been selected under the RPS program, representing more than 1,300 megawatts of renewable capacity. Of the 33 projects selected to date, 27 have successfully entered operation, one facility is under construction and five are under development. These include 13 wind farms, 17 hydroelectric plant upgrades, two power plants displacing coal with biomass, and one power plant which will use 100 percent clean renewable biomass.
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