ABB_id2059
in News Departments > Policy Watch
print the content item

In April, Gov. Eliot Spitzer, D-N.Y., and Lt. Gov. David A. Paterson, D-N.Y., introduced a new plan that reduces energy costs and curbs pollution in New York.

"Nowhere is the need for a creative new approach more apparent than in our energy sector," comments Spitzer. "We have some of the highest electricity costs in the nation and our thinking on energy policy is as outmoded as our aging power plants."

The plan focuses on energy efficiency and conservation, and includes investing $295 million for renewable energy projects throughout the state, the governor's office says. It also includes proposed power plant siting legislation that would create an expedited review process for new wind power projects.

Hybrid Energy Innovations 2015

Trachte_id2056
Latest Top Stories

High Net-Worth Investors Claim 'All Of The Above' On Energy, Renewable And Otherwise

According to a recent Morgan Stanley poll, high-dollar investors favor investment in renewable energy technologies, such as wind and solar.


U.S. Wind Power Installations Surpassed 4.7 GW Last Year, Although China Still Leads

Bloomberg New Energy Finance reports that U.S. wind installations came back in a big way from a disappointing 2013.


IRS Specifies Performance, Quality Standards For Small Wind Turbines

The Internal Revenue Service (IRS) recently issued guidelines creating safety and performance standards for small wind turbines to be eligible for the 30% investment tax credit.


Hot Times North Of The Border: Canada Tops Previous Record For Installed Wind Capacity

For the second consecutive year, Canada's wind market has bested the country's previous mark for new installations.


Report: Policy Uncertainty Fuels Market Exodus As Firms Bolt North American Wind Industry

The global wind energy supply chain has yet to recover from the slump that began in 2013. In fact, many segments are undergoing a transformation, according to market research firm FTI Consulting.

Hybrid Energy Innovations 2015