New York Power Authority (NYPA) and the Massena Electric Department (MED) have agreed to a power supply contract that will provide up to 20 MW of hydropower capacity to support job growth and economic development in St. Lawrence County, N.Y.
According to a statement from Governor Andrew Cuomo’s office, MED will make allocations from the “St. Lawrence County Economic Development Power,” as the 20 MW is entitled, after consultation with the St. Lawrence County Industrial Development Agency Local Development Corporation (IDA), St. Lawrence River Valley Redevelopment Agency (RVRDA), North Country Regional Economic Development Council, and lastly, trustees of NYPA.
“This contract will help make low-cost, clean power available to businesses and communities in the North Country, fueling additional job growth and economic development,” says Governor Cuomo about the agreement. “Our state’s jobs creators need access to affordable power, and this contract continues the state’s work to ensure our energy sector is equipped to help drive New York’s economic recovery.”
The allocated power will come from the 960-MW St. Lawrence-Franklin D. Roosevelt Power Project in Massena. NYPA will sell power at-cost-based rates to MED, which will then resell it to qualified end users at no markup beyond costs incurred by MED. The contract end date is September 2025.
“MED’s ability to access and market the hydropower will provide St. Lawrence County and the host communities of the St. Lawrence River with a powerful tool to help attract new businesses to the region and support the expansion of existing business,” says NYPA trustee and resident of Massena, Judge Euguene L. Nicandri. “Governor Cuomo’s commitment to follow through with this important initiative is going to be a catalyst for private sector development in the North Country.
The New York Power Authority recently awarded a two-year contract for modernization at the Lewiston Pump-Generating Plant.
HydroWorld.com recently reported on a deal between NYPA and Flow Science Inc. to provide water flow stimulation software at hydropower plants in New York.