{"id":3826,"date":"2023-05-03T19:10:12","date_gmt":"2023-05-03T23:10:12","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/new-york-adds-300-mw-transmission-line-from-rainey-to-corona\/"},"modified":"2023-05-03T19:10:13","modified_gmt":"2023-05-03T23:10:13","slug":"new-york-adds-300-mw-transmission-line-from-rainey-to-corona","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=3826","title":{"rendered":"New York adds 300 MW transmission line from Rainey to Corona"},"content":{"rendered":"<div>\n<div id=\"imgCarousel\" class=\"imgCarousel\">\n<p><span class=\"text\">\u00a9 Reuters. FILE PHOTO: New York Governor Kathy Hochul celebrates at her U.S. midterm election night party after winning re-election in New York, New York, U.S. November 8, 2022. REUTERS\/Brendan McDermid <\/span><br \/>\n<i class=\"imgGrad\"><\/i>\n<\/div>\n<p>(Reuters) &#8211; A new 300-megawatt (MW) Con Edison Rainey-to-Corona transmission line, which can power 240,000 average-sized homes in New York City&#8217;s Queens borough, has been energized, New York Governor Kathy Hochul said on Wednesday. <\/p>\n<p>The six-mile-long (10 km-long) line is part of the Reliable Clean City projects that will add 900 MW of transmission capacity across the city by 2025, retiring several fossil-fuel power plants used during peak demand hours and meeting rising clean energy demand.<\/p>\n<p>The work in Queens accounts for $275 million of the $800 million Con Edison is investing in these projects.\u00a0Con Edison is a unit of New York energy company Consolidated Edison Inc (NYSE:).<\/p>\n<p>The other projects include transmission lines from Gowanus to Greenwood and Goethals to Greenwood.<\/p>\n<p>&#8220;With this critical new transmission line, we are enhancing and upgrading New York City&#8217;s electric grid and enabling the continued development of renewable energy,&#8221; Governor Hochul\u00a0said.<\/p>\n<p>The projects are needed for reliability in 2023 and 2025 and to address deficiencies in two of\u00a0Con Edison&#8217;s transmission load areas because of the retirement or unavailability of older, air-polluting power plants, the governor&#8217;s office said in a press release. <\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.investing.com\/news\/stock-market-news\/new-york-adds-300-mw-transmission-line-from-rainey-to-corona-3071783\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a9 Reuters. FILE PHOTO: New York Governor Kathy Hochul celebrates at her U.S. midterm election night party after winning re-election in New York, New York, U.S. November 8, 2022. REUTERS\/Brendan McDermid (Reuters) &#8211; A new 300-megawatt (MW) Con Edison Rainey-to-Corona transmission line, which can power 240,000 average-sized homes in New York City&#8217;s Queens borough, has [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2609,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-3826","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>New York adds 300 MW transmission line from Rainey to Corona | iFintechWorld<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters. 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