New York Passed an Ambitious Climate Bill for Publicly Owned Power. The Perfect Partner? McKinsey
New York's power authority was given the mandate to build publicly owned renewable energy. Advocates are worried they've chosen the exact wrong people to ask for advice.
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I work for a private solar developer in NYS, and I can see that the state regulators are either asleep at the wheel or intentionally complacent with allowing private utilities to let our electric infrastructure rot so they can keep collecting profits off of ratepayers. We have some of the worst utilities in the country and state is currently suppressing a grassroots effort to oust RG&E, who is the worst of the worst. In general though their refusal to modernize their grid is grinding the goal of 70% renewable by 2030 to a quick halt.
I had really hoped that getting NYPA behind the building of renewables would make them a heavyweight that could take the utilities to task for their failures, it's infuriating that they've fallen to more regulatory capture.
There's a reason the utilities commission used to wait till the rate was the highest it was all season before "freezing it to protect further increases" for a few months. I live 5 miles from NYSEG and my only option is national grid.