The NYES will modernize the current transmission system and provide several benefits to New York State, its businesses and residents. By relieving transmission congestion and opening up transfer capacity from energy resources in the upstate region to the downstate demand centers, the project will:
Update Aging Infrastructure. The new transmission structures would replace assets over 80 years old, with a minimal increase in average height and a more streamlined use of the rights-of-way.
Improve resiliency. The increased transfer capability will improve grid resilience during stressed system conditions and disruptive events. Additionally, the engineering exceeds minimum standards to withstand storm events.
Help with Generator Retirements. The energy landscape in NY is changing and some generators are scheduled for retirement. This project will offer operating flexibility to better manage this while meeting in-state energy demands.
Have Minimal Impact. The project optimizes the use of existing transmission corridors and facilities, and does not cross the Hudson River.
Facilitate clean energy resources. The project will help meet key environmental goals such as CO2 reductions and Clean Energy Standard (CES).
Increase job opportunities and tax revenues. The project will generate both direct and indirect jobs during construction, operations and maintenance to stimulate positive economic activity. Additionally, the project’s new assets would increase tax revenues paid to each of the municipalities that host the infrastructure, boosting their budgets.
Leverage Deep Expertise. The developer, New York Transco, has completed several key transmission projects in New York and is owned by subsidiaries of Con Edison, National Grid, Avangrid and Central Hudson Gas & Electric Corp – companies with strong technical expertise and long-standing experience and relationships in New York communities and stakeholders.