July (pdf) - New York Power Authority

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TRANSMISSION SERVICE .......................................................................................................................2-28
Cable Agreement.................................................................................................................................2-29
ENERGY SERVICES....................................................................................................................................2-29
THE AUTHORITY’S FACILITIES.............................................................................................................2-31
Generation ..........................................................................................................................................2-31
General Information.....................................................................................................................2-31
St. Lawrence-FDR........................................................................................................................2-31
St. Lawrence-FDR Relicensing...................................................................................................2-31
St. Lawrence-FDR Modernization Program...............................................................................2-32
Niagara..........................................................................................................................................2-32
Niagara Relicensing .....................................................................................................................2-33
Blenheim-Gilboa ..........................................................................................................................2-36
500-MW Combined-Cycle Electric-Generating Plant; Closure of Poletti Plant......................2-36
SCPPs............................................................................................................................................2-37
Flynn ............................................................................................................................................2-38
Small Hydroelectric Facilities ....................................................................................................2-38
The Authority’s Transmission System........................................................................................2-38
Long Island Sound Cable.............................................................................................................2-39
Tri-Lakes Transmission Reinforcement Project ........................................................................2-39
Certain Operating Information...........................................................................................................2-39
Fuel Supply..........................................................................................................................................2-40
Flynn, 500-MW Plant, SCPPs, and Astoria Energy II...............................................................2-40
Gas Transportation and Supplies.................................................................................................2-40
LEGISLATION AFFECTING THE AUTHORITY ...................................................................................2-40
EXECUTIVE ORDER NO. 111 ...................................................................................................................2-42
CERTAIN FACTORS AFFECTING THE ELECTRIC UTILITY INDUSTRY......................................2-43
The Electric Utility Industry Generally...............................................................................................2-43
Energy Policy Act of 1992 ..........................................................................................................2-43
Federal Initiatives under the Energy Policy Act of 1992...........................................................2-43
Energy Policy Act of 2005 ..........................................................................................................2-43
North American Electric Reliability Corporation (“NERC”) Reliability Standards ..................2-44
Dodd-Frank Act ............................................................................................................................2-44
New York State Electric Utility Industry Restructuring Matters .....................................................2-45
Development of a Competitive Market for Electricity in New York .......................................2-45
National Grid................................................................................................................................2-45
Con Edison....................................................................................................................................2-46
NYSEG .........................................................................................................................................2-46
New York City and Long Island Local Reliability Rule ...........................................................2-46
Environmental.......................................................................................................................................2-46
Other Factors.........................................................................................................................................2-47
Effects on the Authority.......................................................................................................................2-48
REGULATION ..............................................................................................................................................2-49
New York State ...................................................................................................................................2-49
Federal...................................................................................................................................................2-50
Appendix 1—Summary of Certain Provisions of the General Resolution ..................................... App. 1-1
Appendix 2—Backgrounds of the Authority’s Trustees and Certain Senior Management
Staff ........................................................................................................................ App. 2-1