The New York Power Authority’s (NYPA) Board of Trustees has approved a new strategic plan, VISION2030, which provides a roadmap for transforming the state’s energy infrastructure to a clean, reliable, resilient and affordable system over the next decade.
VISION2030 highlights NYPA’s commitment to partnering with statewide customers to ensure a cost-effective transition to clean energy while moving the state ahead in meeting Governor Andrew M. Cuomo’s climate leadership targets under the Climate Leadership and Community Protection Act (CLCPA).
“With the approval of VISION2030, we are proud to again lead by example to meet the energy demands and challenges of the next decade,” said NYPA Chairman John R. Koelmel. “While continuing to provide affordable, reliable and clean electricity, we will increasingly partner with our customers to transform the way they are using energy and move aggressively toward the Governor’s climate leadership targets. That will ensure we even more effectively deploy our assets and expertise to power New York’s economy and further stimulate and enable job creation and capital investment around the state.”
Under Governor Cuomo’s leadership, the state has timetables for decarbonizing its electricity system, including moving toward 70% renewables by 2030; 100% carbon-free electricity by 2040 and a carbon-neutral economy by 2050. VISION2030 includes transitioning NYPA’s natural gas plants to low- or zero-carbon emission technologies and committing to supplying its customers with carbon-free electricity by 2035, five years ahead of the 2040 goal. The roadmap further details NYPA’s plans to deploy a vast, improved transmission network across the state to enable new renewable energy to come onto the grid, and to preserve the steadfast role of clean hydropower as the state’s renewable energy base.
“NYPA will play a significant role in achieving this vision for New York State and will facilitate our customers’ journeys to a thriving, carbon-free economy. We have fulfilled the original ambitions of our VISION2020 and created a stronger and more agile organization,” said NYPA President and Chief Executive Officer Gil C. Quiniones. “Climate change continues to greatly influence our work and we will aggressively pursue decarbonization while at the same time enhancing the state’s ability to have a thriving economy–thus creating a blueprint for others to follow.”
VISION2030 focuses on five strategic priorities, detailed below:
Partner with Customers to Meet their Energy Goals while Advancing CLCPA
NYPA will provide clean and affordable energy along with innovative, integrated customer solutions. NYPA will help its customers decarbonize by working with them to realize climate leadership projects in energy efficiency, renewables generation, optimized electrification and digitization. A 70% renewable energy supply will be provided by 2030 in a cost-effective manner. NYPA also will enable 325 MW of distributed and customer-sited solar by 2025 and facilitate 450 MW of storage projects by 2030. To advance e-mobility across the state, the transition to electric vehicles is being accelerated through the installation of charging stations for EV drivers, including chargers built for transit agencies to electrify buses, and through EVolve NY, NYPA’s public fast charging network.
Pioneer the Path to Decarbonization
NYPA will act as a testbed for innovation while ensuring reliability, resilience and affordability of the state’s energy grid. To lead the transition from natural gas to even cleaner electricity, NYPA will develop and demonstrate new low-to-zero carbon technologies and short- and long-duration battery storage. NYPA will evaluate the economic performance of its gas fleet and pursue a collaborative approach with policy makers, community members and the private sector as it advocates for market rules and policies and aims to achieve zero-carbon emissions by 2035, ahead of the Governor’s 100% zero-emission electricity by 2040 goal. NYPA also will lead by example in committing to supply its customers with carbon-free electricity by 2035.
Grow Transmission to Connect Renewables
As part of VISION2030, NYPA aims to be the leading transmission developer, owner and operator for New York State. Building new transmission infrastructure to move distant renewable energy resources is critical to the integration of renewables, such as land-based and off-shore wind and solar, into the bulk power system and achieving the goal of 70% renewable electricity by 2030. Three major projects to help the state meet its changing transmission needs are currently under way.
Preserve Hydropower as a Renewable Foundation for the State
NYPA will preserve and enhance the value of its hydropower assets, which account for about 25% of New York State’s electricity, as a continued core source of carbon-free power and flexibility and resilience as the state’s grid evolves. Retaining assets in good repair, actively advocating for policy and market rules recognizing hydro benefits to the grid, and evaluating alternative contracting or offtake arrangements will help optimize the benefit of hydropower for New Yorkers. A 15-year, $1.1 billion life extension and modernization program is under way to significantly extend the operating life of NYPA’s flagship Niagara Power Project, the largest source of clean electricity in New York State.
Reimagine the Canals
In VISION2030, NYPA and the Canal Corporation reimagine the New York Canal System for the economic and recreational benefit of New Yorkers while driving operational efficiency. NYPA will continue to reinvigorate canal system primarily through the Reimagine the Canals initiative announced by Governor Cuomo earlier this year. This initiative is designed to celebrate the history and legacy of one of the state’s most iconic landmarks by increasing outdoor recreation, supporting responsible environmental stewardship, and developing new opportunities to better serve communities along the Canal corridor. Simultaneously, NYPA and the Canal Corporation will work to ensure that these investments safeguard the Canal’s role as a driver of economic growth for New York State.
NYPA is the largest state public power organization in the U.S., operating 16 generating facilities and more than 1,400 circuit-miles of transmission lines. More than 80% of the electricity NYPA produces is clean renewable hydropower.