- Dec 11, 2020 6:40 pm GMT
Here are some key takeaways:
The plan, known as VISION2030, includes commitments to invest in 325 MW of distributed and customer-sited solar by 2025 and 450 MW of storage by 2030. It also calls for investing $200-400 million annually to grow NYPA’s transmission asset base three to five times by 2030.
Developing additional transmission assets is seen as critical to integrating increasing amounts of renewable energy resources into the grid. The state has a goal of 70% renewable electricity by 2030.
NYPA’s other strategic priorities for the next decade include preserving and enhancing the state’s hydroelectric generation assets, revamping the state’s canal system, and moving toward decarbonization while ensuring the reliability, resilience and affordability of the state’s grid.
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