NYPA adopts 5.5-GW renewable plan amid concerns over affordability, policy changes

The New York Power Authority has approved an update to its renewables plan, adding 2.5 GW of planned capacity for a total of 5.5 GW, which includes solar, wind, distributed energy storage, and compressed air storage projects. NYPA aims to help the state meet its clean energy targets, focusing on developing 15 GW of renewables to supplement private sector energy development in New York. The plan emphasizes the importance of delivering clean, affordable electricity as electric demand grows, while also addressing challenges such as increased costs and power shortages. NYPA's updated renewables strategic plan is focused on developing clean energy projects to strengthen grid resiliency, reduce reliance on fossil fuels, and ensure affordability and equity in the state's clean energy transition.

https://www.utilitydive.com/news/nypa-renewable-energy-plan/807542/