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NYPA maintains that both the energy and telecommunications sectors need to effectively and expediently recover following an extreme weather event.
The funding will help the company modernize the electric grid and provide a path to decarbonization, says President and CEO Jason Few.
The award will be used to support the design and manufacture a hydrogen-producing platform for use in the nuclear energy industry.
New York Attorney General Letitia James called the rollback a "not-so-bright idea."
“This proposal could cause Connecticut consumers to pay considerably higher utility rates," said Jepsen, joining nine other states in this action.