New York Power Authority to upgrade Niagara Power Project

first_imgNew York Power Authority to upgrade Niagara Power Project FacebookTwitterLinkedInEmailPrint分享The Buffalo News: ALBANY – The New York Power Authority will invest $1.1 billion in a massive modernization effort at the Niagara Power Project, the state’s largest producer of electricity.The 15-year commitment is the largest single investment in the agency’s history, according to Gil C. Quiniones, the power authority’s president and CEO.The authority owns the Lewiston facility, which was the western world’s largest hydropower plant when it opened in 1961. It’s still the second most productive hydroelectric plant in the nation and is a crucial source of power for New York and seven other states.But the equipment in the plant is showing its age. Some of it has never been replaced.“Starting this program right now…puts us in a good situation where we’re not at risk for any imminent failures that could be catastrophic going forward,” said Joseph Kessler, the authority’s executive vice president and chief operating officer for utility operations.“If we delay it any longer, we feel we’re putting ourselves at risk,” Kessler told the authority’s Board of Trustees, which approved the work Tuesday.Gov. Andrew M. Cuomo, in a statement announcing the investment Wednesday, said the project will help the state meet its ambitious plans to transition to a carbon-free energy system throughout New York by 2040.“It’s something we’re proud of as well as excited about,” said Lt. Gov. Kathy Hochul.More: $1.1B Niagara Power Project upgrade is NYPA’s biggest investment everlast_img

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