Me, "With Indian Point Nuclear power plant set to close in 2021, if we believe Gov. Cuomo, all our electric needs can be supplemented by offshore wind, Canadian Hydro power, and Solar power. While I don't disagree with him, especially with a lot of offshore wind around Lower New York State; there needs to be a lot of encouragements given to these industries. They will need either a relaxing of regulations, fast approval processes, even subsidies? so, they can quickly be built out before Indian point closes.
Gov. Cuomo says there will be no more than a 1 percent increase in utility bills. The problem is, estimates made by government turn out to be less than accurate, ending up being more than was forecast.
So, when Indian Point closes, all kinds of things can influence the NYC electric bill. All you need is delays in any or all of these projects meant to keep the electric bill low and we could have a much higher bill than Gov. Cuomo suggests."
From article, "New York’s Plan to Bridge From Nuclear Power to Offshore Wind"
(On Monday, New York Gov. Andrew Cuomo announced an agreement to shut down the 2-gigawatt Indian Point nuclear power plant by 2021, several years ahead of schedule.
[As a result.]
Overall, the plan is expected to lead to no more than a 1 percent increase in customers’ utility bills over the next five years, Morris said.
One big option is the $2.2 billion Champlain Hudson Power Express transmission project, which should be finished by 2021, he said. That has the potential to bring 1,000 megawatts of low-carbon hydropower from Quebec to New York City via underground high-voltage direct current (HVDC) cables, he noted.
New York already has about 2,000 megawatts of onshore wind as part of its system, and that figure is expected to increase over the next five years.
The state is also expecting more solar power under its NY-Sun initiative, with the potential to realize more than 3,000 megawatts of solar PV statewide by 2023, he noted.
New York's first offshore wind push will be a 90-megawatt project 30 miles southeast of Montauk, to be delivered to the Long Island Power Authority.
Beyond that, Norway’s Statoil has won a bid for rights to develop a much larger project, roughly equidistant to Long Island and the Jersey Shore, that could add up to as much as 800 megawatts of capacity.
It’s important to note that New York isn’t abandoning nuclear power entirely, as California is doing with its decision to close its last remaining reactor by 2025. Gov. Cuomo has approved hundreds of millions of dollars of subsidies to help keep four financially struggling upstate nuclear plants stay open, a plan that is now the subject of a lawsuit by energy companies.)
