NYPA releases annual report

NYPA Logo

The 2013 Annual Report released by the New York Power Authority earlier this week reveals that the utility is in a strong financial position and a leading provider of low-cost electricity.

NYPA, which produces more than 70% of its energy via hydroelectric projects, is the nation's largest state public power organization. The authority's 2013 report, available online here, said the utility provided more than US$1.2 billion in direct customer bill savings this past year.

The report also said NYPA's economic development programs are now supporting more than 400,00 jobs across New York while helping secure $32 billion in capital investment from recipients of low-cost power allocations.

Additional highlights include:

  • Continuing investments totaling $1.2 billion in infrastructure upgrades, including $460 million for the Life Extension and Modernization (LEM) project at the Lewiston pumped-storage hydropower plant;
  • 27.8 billion kWh of electricity generated at NYPA facilities, 70% of which came from hydropower plants; and
  • Attendance of 187,000 people at NYPA's admission-free visitor centers, located at the St. Lawrence-Franklin D. Roosevelt, Niagara and Blenheim-Gilboa pumped-storage hydropower power projects.

NYPA also released a three-year overview of its fiscal performance that demonstrates how the company is in position to implement its 2014-19 Strategic Vision, which was announced in March.

HydroVision International 2014 Keynote Speakers

Presenting the HydroVision International 2014 Keynote Speakers

Check out a slideshow covering the keynote speakers at the HydroVision International 2014 conference and exhibition

Click Here >>

Hydro Industry Financials

Buyers Guide Products

Pumped Storage - High head & Large Capacity

Due to TOSHIBA's advanced fluid analysis techno...

Hydro Generator-Motors

Toshiba offers worldwide experiences in various...

Most Read Articles

Recent Comments

Buyers Guide Companies

Sauer Compressors

 Specialists in missing Pieces. Industry R...

Toshiba Corp Power Systems Co

Toshiba supplies total solution for all sizes o...

Stucky Ltd

Specializes in hydropower schemes and pumped st...

Monitor International Ltd

Engages in major project consulting assignments...

Parker Hannifin

Manufactures grid tie inverters used in small h...

Continuing Education

Professional Development Hours
To access a course listing associated to a specific topic listed below, click on the topic of choice from the list below.

06/01/2014
Volume 33, Issue 5
file
07/01/2014
Volume 22, Issue 4
file

Archived Articles

2006 | 2007 | 2008 | 2009 | 2010 2011 | 2012 | 2013
Hydro Review Past Issues