NYPA President Carey Urges
Emphasis on Clean, Efficient Energy Use
September 12, 2006
FOR IMMEDIATE RELEASE
ALEXANDRIA BAY—New York Power Authority (NYPA)
President and Chief Executive Officer Timothy S. Carey called
Tuesday night for environmental protection and energy efficiency to
play increasingly critical roles as NYPA and the electric utility
industry take on present and future challenges.
“The development of new clean energy technologies
and a strong commitment to energy efficiency and sustainability are
essential to cut our dependence on foreign oil and to combat global
warming and other threats to our environment,” Carey said in a
speech at the state Municipal Electric Utilities Association’s (MEUA)
76th Annual Conference.
He said that New York State, NYPA and the MEUA are
well positioned to address these issues, thanks to Gov. George E.
Pataki’s “leadership in promoting renewable energy, energy
efficiency and clean transportation and in moving aggressively to
improve air quality.”
Carey said NYPA and the MEUA are working to carry
out a landmark 2003 agreement providing for increased cooperation in
advancing energy efficiency and clean transportation, as well as
economic development. In addition, he said NYPA is planning a major
project to use hydroelectric power to produce hydrogen in an
emission-free process and is a key participant in Governor Pataki’s
program to encourage private-sector development of one or more
clean-coal power plants in New York State.
He also said NYPA is on track to receive a new
federal license next year for its Niagara hydroelectric project, a
major source of renewable energy, and to complete a $300 million
upgrade of the project on schedule this December. The Niagara
project, near Niagara Falls, is the main power supplier for the
state’s 51 municipal electric systems and rural cooperatives.
Carey noted that the Power Authority last May
approved participation by the municipal systems and cooperatives in
its statewide energy services program, enabling them to receive
financial and technical assistance from the Authority for energy
“All of this is in keeping with the Authority’s
emphasis on energy efficiency,” Carey said. “To date, we’ve
completed projects at some 2,400 public facilities. And next month,
we expect to pass the $1 billion mark for overall investment in
He said NYPA has concluded a major energy
efficiency project at its administrative office building in White
Plains and is undertaking additional measures required to win
certification under the U.S. Green Building Council’s LEED program,
for Leadership in Energy and Environmental Design.
“Sustainable development is something that’s very
close to my heart,” said Carey, who, as president and chief
executive officer of the Battery Park City Authority, directed
construction of the nation’s first “green” high-rise residential
building--the Solaire, which earned LEED Gold certification in
Carey said municipal systems and cooperatives thus
far have used loans from the Power Authority to purchase 19 electric
and hybrid-electric vehicles at a total investment of $460,000,
helping further to clean the air and reduce dependence on oil.
He also reported that more flexible guidelines for
allocations of low-cost NYPA hydropower for economic development in
the municipal and cooperative territories await approval by the
systems and NYPA. The new guidelines encourage greater
participation by small businesses and systems, expand the types of
eligible businesses and permit allocations both for job creation, as
at present, and job retention. They also call for aggressive
marketing of the program.
■ NYPA uses no tax money or state credit.
It finances its operations through the sale of bonds and revenues
earned in large part through sales of electricity. ■ NYPA is a
leader in promoting energy-efficiency, new energy technologies and
electric transportation initiatives. ■ It is the nation’s
largest state-owned electric utility, with 18 generating facilities
in various parts of the state and more than 1,400 circuit-miles of