More than 71 percent of NYPA’s electricity is produced from clean, renewable hydropower; through mid-2013 our year-to-date generation market readiness factor was 99.44 percent.
Major upgrades at our large hydroelectric power plants are continuing, as we prepare for similar large-scale improvements to our transmission network, which criss-crosses the state.
Our energy efficiency projects save New Yorkers more than $148 million a year, cutting annual oil use by over 2.7 million barrels and offsetting the release of approximately 890,000 tons of greenhouse gases. And our clean transportation program has placed more than 1,300 electric-drive vehicles into service.
Our efforts support Governor Cuomo’s Build Smart NY initiative to achieve significant energy savings in public facilities in this decade.
NYPA’s primary mission has always been to allocate low-cost, reliable power to invigorate the state’s economy. With input from the state’s 10 regional economic development councils, we are administering Governor Cuomo’s ReCharge NY program, which ties NYPA power to jobs and capital investment commitments.
Across New York State, more than 400,000 jobs are linked to power allocations from ReCharge NY and other NYPA economic development programs.