The drafted State Energy Plan is intended to benefit all New Yorkers. The initiatives stated in the plan include the “focus on improving energy affordability, promoting private sector engagement and financing, and working to bolster our electric grid”.
Some examples of Mr. Cordaro points are:
- The “demand for electricity will ultimately increase”, thus energy efficiency measures can’t offset the increase and NY State will still need to invest in generating resources
- The amount of in-state sources of power must increase in order to achieve more affordable power in New York in the future
- Private sector energy financing cannot be successful if the government is “selectively” subsidizing projects