BOMA endorses new plants.BOMA/NY announced its official endorsement today of the plan issued by the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Power Authority (NYPA) to bring ten small power units on line to ensure a reliable electricity supply and stable pricing in the greater New York area this summer. In announcing the endorsement, BOMA/NY president Edward Rytter cited the predicted shortfall Shortfall The amount by which the capital required to fulfill a financial obligation exceeds available capital. Notes: Shortfall risk is often combated with an efficient hedging strategy created by a fund, group, institution, or individual. of 315 megawatts of power needed to meet peak summer demand and applauded NYPA for stepping forward to meet this demand. The ten plants will be able to alleviate Alleviate To make something easier to be endured. Mentioned in: Kinesiology, Applied the shortage by providing about 440 megawatts in total. Rytter's endorsement carries the weight of BOMA/NY's 800+ members who own and/or manage commercial office buildings housing more than 3,000,000 tenants in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . "We have the benefit of learning from California's misfortunes. New York is known worldwide as having the most reliable source of power." The trade association also stands "firmly behind demand side management and is advising our members to pursue every avenue possible to manage load and contain costs, while providing for the comfort and safety of the tenants we serve 24 hours a day. As the business capital of the world, New York has to keep the lights on and machinery humming without a moment of downtime The time during which a computer is not functioning due to hardware, operating system or application program failure. ." |
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