New York PSC approves Propel NY Energy transmission settlement
Built World90-mile underground line would link Long Island to the state grid by 2030
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Overview
Updated 1 hour agoNew York regulators approved the settlement terms for the Propel NY Energy Project on September 17, clearing a major hurdle for a 90-mile underground transmission line that would carry power to New York City and Long Island. The Public Service Commission (PSC) ruled the project is needed to keep the region's grid reliable as old power plants retire.
The $3.26 billion project, a joint effort by New York Transco and the New York Power Authority, still needs several approvals before construction can start. The PSC must sign off on four phases of environmental management and construction plans, and the Army Corps of Engineers must issue its own permit.
Why it matters
If this line isn't built by 2030, New York City and Long Island face growing blackout risk as old plants retire and demand climbs.
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People Involved
Organizations Involved
The PSC regulates New York's electric, gas, steam, and water utilities.
A consortium of transmission developers building the Propel NY Energy Project with NYPA.
The nation's largest state-owned power organization, co-developing the Propel NY Energy Project.
