Utility Dive•16 days ago
NYPA adopts 5.5-GW renewables plan amid concerns over affordability, policy changes
Key Takeaway
NYPA's 5.5-GW renewables plan creates substantial development opportunities for solar, wind, and storage in New York, but developers and large consumers must track evolving affordability and policy dynamics.
AI Summary
- •NYPA has adopted a 5.5-GW renewables plan, primarily comprising solar, wind, and storage projects.
- •Key developers involved in these projects include AES, EDF Renewable Energy, Forward Power, and Orenda.
- •The plan is being implemented amid concerns over affordability and potential policy changes, which could impact market pricing for large power consumers.
- •This represents a significant policy directive and project pipeline for renewable energy developers and IPPs in the New York market.
Topics
policysolarstoragewind