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Washington, D.C., June 15, 2015. A policy paper, The Hudson Valley “Energy Highway” transmission project: An idea whose time has passed?, was published today by the National Institute for Science, Law & Public Policy (NISLAPP) in Washington, D.C.

Authored by Senior Research Fellow, Timothy Schoechle, PhD, the analysis of risks says the proposed billion-dollar transmission project was conceived within an out-of-date “cost-of-service” and fossil fuel-based energy paradigm and it should not be built.
 
“New York State would be making an enormous and costly, wasteful, and strategic mistake to allow the Hudson Valley transmission project to proceed any further,” says Dr. Schoechle. “The ongoing capital spending trajectory of the utility industry places it on a collision course with the technology and economics of distributed renewable energy—the path to an abundant, clean energy future for NY State and the nation”.

Key Points in the paper:

Camilla R. G. Rees, Senior Policy Advisor at NISLAPP, says, “Those concerned about the financial or environmental health of New York State should not support the Energy Highway proposal. It will not lead to clean energy, or to sustainability, which are now within reach—but rather to higher costs for ratepayers and enormous, unacceptable financial risks for New York State.”

NISLAPP president, Washington DC attorney James S. Turner, said, “Dr. Schoechle points to respected industry strategists (the Edison Institute) that have sounded the alarm, innovative companies (German utilities) that are showing the way, and established generation and storage technologies that provide the means for utilities to prosper by serving their consumers as innovation partners. It would be best to look forward at what the possibilities are instead of backward to the past.”

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Media Contacts:

Timothy Schoechle, PhD
Senior Research Fellow
National Institute for Science, Law & Public Policy
(303)443-5490
Tim@GettingSmarterAbouttheSmartGrid.org

Camilla Rees, MBA
National Institute for Science, Law & Public Policy
(917) 359-8450
Camilla@GettingSmarterAboutTheSmartGrid.org



                                     

               

                                                   
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