
ALT THE CASE FOR POWER NYC: If New York City had its own public renewables developer, it could save ratepayers at least hundreds of millions of dollars a year on energy costs, according to a new report from Public Renewables Project and the Climate and Community Institute. PowerNYC could help eliminate the city's continued dependence on local fossil fuel generation," the report said. "Public development creates two kinds of assets that otherwise would not exist: productive infrastructure and financial assets backed by the revenues that infrastructure generates." A public power developer could expand the number of clean energy projects in New York City by coordinating and funding projects that otherwise wouldn't get built - particularly distributed batteries and solar, and thermal energy networks. Ratepayers in New York City pay an estimated 35-40% of statewide costs associated with the Clean Energy Standard, but downstate development of renewable energy has been lacking. New York City does




































