Switched-off power projects put NY's energy supplies at risk; One-third of needed capacity on hold as Enron aftermath, economy affect plans.(New York power plants deferred or canceled)(Brief Article)(Statistical Data Included)

Crain's New York Business, April, 2002 by Lentz, Philip

Four power plants planned for New York state have been deferred or canceled in recent months, knocking out more than one-third of the new electric capacity that officials say is needed over the next few years. The pullback worries state energy experts, who say that despite the recession and the World Trade Center attack, New York needs new power supplies to handle anticipated economic growth.

``We're very concerned, not for this summer but for the long term,'' says William Museler, president of the New York Independent System Operator, which runs the state power grid. ``The reality is that only one power plant is under construction in New York, and that's not going to mean much in four years.'' In a report last month, the NYISO said the state needs to add...

Read the rest of this article with a Free Trial at HighBeam Research.

Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works.