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Energy debate continues as Con Ed cranks it up.


As the debate over the future of New York's energy supplies continues, Con Edison this week announced plans to spend $1.2 billion upgrading and reinforcing its electric delivery system.

The investments include the installation of 310 new transformers and substation-related projects to meet growing energy demand.

For the summer of 2006, the company forecasts a peak load of 13,400 megawatts for its service area, including 11,630 megawatts for 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.
 and 1,770 for Westchester County. One megawatt meg·a·watt  
n. Abbr. MW
One million watts.



mega·watt
 can power approximately 1,000 homes.

In the Con Edison service area of New York City and Westchester County, electric usage has grown by more than 20% over the past 10 years.

Last year, New York City issued 25 percent more building permits than the previous year. Nearly 5.5 million air conditioners Conditioners used on leather take many shapes and forms. They are used mostly to keep leather from drying out and deteriorating.

A very old and widely used conditioner is dubbin.
 are in use in Con Edison's service area and customers are expected to install an additional 850,000 units over the next five years.

In addition to population growth, power use is rising because customers are using more computers, printers, scanners, cell phone chargers and other equipment at home for personal or business use. The company estimates mat its customers used more than 4.1 million residential cell phones and 8.3 million TVs in 2005.

"Summer energy supplies are adequate to keep pace with this growing demand, but conserving energy every day is still the smartest way to manage your energy use and costs," said Marilyn Caselli, senior vice president of customer operations for Con Edison.

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Mike Gordon For other persons named Mike Gordon, see Mike Gordon (disambiguation).

Mike Gordon (born June 3, 1965 in Sudbury, Massachusetts) is a bass player and vocalist most noted for his work with the rock band Phish.
, chairman of the energy asset management firm, ConsumerPowerline, escalating electricity demands in the city can be met without service interruptions and even without the reinstatement Reinstatement

The restoration of an insurance policy after it has lapsed for nonpayment of premiums.
 of Article X, the legislation which governs the construction of new power plants and the repowering of older ones which has been in limbo limbo

In Roman Catholicism, a region between heaven and hell, the dwelling place of souls not condemned to punishment but deprived of the joy of existence with God in heaven. The concept probably developed in the Middle Ages.
 in Albany since it expired in January, 2003.

Gordon said existing technologies combined with improved conservation efforts could meet the demand for more power for the next five years should the current stalemate stale·mate  
n.
1. A situation in which further action is blocked; a deadlock.

2. A drawing position in chess in which the king, although not in check, can move only into check and no other piece can move.

tr.v.
 in Albany remain unresolved in the interim.

"I think if we were to do what needs to be done with respect to efficiency, cogeneration and to lease structure we will meet that challenge, independent of Article X," he said.

Gordon said that if building owners and residents took advantage of current tax incentives, green technologies and increased the use and efficiency of cogeneration efforts, between 2,500 to 3,000 mega watts of electricity could be created within the next four years.

The absence of agreement on Article X is due to partisan political differences on the generating capacity of new sites, according to Jerry Kremer, chairman of 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
 Affordable Electric Alliance.

He expects that although lobbying efforts will continue, agreement on the issue will be not be reached until at least 2007.

That's long enough for the situation to deteriorate to a worrying state, according to Gil Quinones, senior vice president for the New York City Economic Development Corporation Overview
New York City Economic Development Corporation (NYCEDC) is a non-profit local development corporation that promotes economic growth across New York City's five boroughs.
.

Quinones said that the although conservation efforts like green buildings, cogeneration and cash incentives from NYSERDA NYSERDA New York State Energy Research and Development Authority  (New York State Energy and Development Authority) are an important source of energy, new power plants are critically needed.

While he agreed current capacity should suffice until 2012, Quinones pointed out that, because a new power plant can take five or six years to go online, it is in the city's and state's interest to expedite the reinstatement of Article X.

He also said that Article X is not the only energy issue facing the city and state: getting necessary funds to finance new power plants is another.

"We need to find a way to help power plant developers get financing because a lot of power plants are having a hard time getting financing," he said. Two power plants in Queens, which began construction before Article X expired, are not reaching maximum capacity due to a lack of funding opportunities, according to Quinones.
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Title Annotation:Consolidated Edison Inc.
Author:Flynn, Gerald
Publication:Real Estate Weekly
Geographic Code:1USA
Date:Jun 7, 2006
Words:659
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