A US$206 million initiative announced by New York Governor Andrew Cuomo will help diversify the state's renewable energy portfolio by helping fund the construction of two hydropower projects.
Included are the 8-MW Delta Dam project in Watervliet and the 100-kW Wappingers Falls plant in Wappingers Falls.
"As New York continues to develop a world-class energy infrastructure, these new projects are reinforcing our commitment to providing clean energy to all New Yorkers," Cuomo said. "Through these and other innovative energy projects supported by the state, we are developing a more sustainable mechanism for delivering cleaner, more reliable and resilient energy and will keep us moving forward."
The Delta plant will be built at an existing New York State Canal Corp. dam on the East Branch of the Mohawk River in Oneida County, according to an application filed with the Federal Energy Regulatory Commission (FERC) in October.
Meanwhile, the Wappingers Falls project will be an addition to an existing 2.3 MW plant already operating in Dutchess County that was put into operation by Windsor Machinery Co. Inc. in 1988.
"These clean energy project will bring more renewable energy to the state's electric grid, helping to meet Governor Cuomo's vision of a power delivery system in New York state that incorporates a greater amount of renewable energy," said John Rhodes, president and CEO of the New York State Energy Research and Development Authority (NYSERDA).
Funding for the initiative -- which also includes a 78 MW wind farm in Arkwright and a 78 MW wind farm in Chateaugay -- was provided in response to NYSERDA's 9th Main Tier solicitation, which was issued earlier this year.
The weighted average award price for the solicitation is US$22.96 per MWh of production over the 20-year terms of the awarded contracts, according to a release from the governor's office.
Cuomo's administration has been active in developing and using hydroelectric power to spur the state's economy, with a number of power allocations made via the New York Power Authority (NYPA) over the past two years designed to create jobs and investment.