NYPA approves budget that includes $24.5M for transformer and circuit breaker replacement in Massena
Above is a 765 kv transformer. Six of these will be installed in Massena as part of nearly $15 million project.
MASSENA -- The New York Power Authority (NYPA) Trustees approved a budget that will send $24.5 million for transformer and circuit breaker replacements in St. Lawrence County.
The money will allow NYPA to make improvements in Massena and at the St. Lawrence FDR-Power Project.
Nearly $15 million will be spent on a transformer replacement in Massena and $9.7 million will be used for a circuit breaker and relay replacement at the St. Lawrence-FDR Power Project.
NYPA spokesman Steven Gosset explained that six 765 kv transformers would be replaced.
"These are large pieces of equipment, 38 feet tall and 24 feet wide. Each transformer weighs approximately 200 tons. These autotransformers are critical components to ensure successful operation of the substation. They will replace existing equipment, some of which dates back to the project’s initial construction more than a half-century ago," Gosset said.
NYPA approved a 2 percent increase for the statewide public power utility’s operating budget in 2015 that the board claims will “help continue to transform New York State’s electric power system to one that is more intelligent and flexible in responding to the needs of customers."
The budget, which was adopted Dec. 16, is closely aligned with major energy initiatives of Governor Andrew M. Cuomo. They include the New York Energy Highway, BuildSmart NY, ReCharge New York, Charge NY, NY-Sun and the Reforming Energy Vision (REV), for modernizing the state’s electric power system, improving energy efficiency and advancing the use of clean energy sources and new technologies.
The trustees also approved a four-year financial plan, for 2015 through 2018, which includes preliminary forecasts of revenues and expenditures. The plan is available at http://www.nypa.gov/financial/budgetreports/budgetposting.htm