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PSC OKs Submarine Electric Cable In New York City
ALBANY, NY (11/12/2009)(readMedia)-- The New York State Public Service Commission (Commission) today approved the New York portion of a 6.6 mile, 345 kV AC, submarine electric cable system and associated cable and interconnection equipment, which will connect a new 512 MW natural gas generation plant in Bayonne, New Jersey to the existing Consolidated Edison Company of New York, Inc. Gowanus substation in Brooklyn, New York. The project is expected to come on line in the fourth quarter of 2011.
"The addition of 512 MW of capacity from the new Bayonne generating plant into the New York City electricity supply is anticipated to provide additional reliability benefits, environmental improvements, and potential price reductions," said Commission Chairman Garry Brown. "The facility, along with the added generation supply, will bring benefits to the competitive market, and to ratepayers, as a result of the shift of financial expenditure and risk from the utility to the merchant developer."
On October 5, 2009, parties filed a Joint Proposal, with proposed conditions, for an Article VII Certificate of Environmental Compatibility and Public Need (Certificate), a Suspended Sediment/Water Quality Monitoring Plan for Jet Plow Embedment Operations, and a proposed federal Clean Water Act Section 401 certification, for the construction, operation and maintenance of the New York portion of the submarine electric transmission facility running under the Hudson River.
(Click to read the entire press release)
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