Energy Superhighway

New York AREA Advisory Board Member Matthew Cordaro, former President and CEO of the Midwest ISO, discusses in Crain’s New York Business why the Governor’s proposal is more complicated than it appears.

 “Conceptually, the proposal has many desirable features, including the potential to create jobs and provide additional sources of energy. But to achieve those, it first would have to overcome a series of technical and financial obstacles.”

…“The technology to build a superhighway in a timely manner—with specialized materials, controls and perhaps novel ways of cooling—would be very expensive. Potential cost overruns on this bold and uncharted initiative could total several times more than originally projected.”

To read the rest of the editorial, click here.

To listen to more discussion of Governor Cuomo’s energy highway, click here.

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