Power Authority of the State of New York

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CURRENT FUNCTIONS. The Power Authority is responsible for providing an adequate supply of safe and economical power for the citizens of New York State. It accomplishes this by financing, constructing, and operating electric generation and transmission facilities in New York State.

Construction is financed through the sale of tax-exempt bonds and may be undertaken by the authority on its own or in cooperation with private utilities. Operational costs are funded by revenue raised by the sale of power to public agencies, industries, investor-owned utilities, and municipalities. The authority operates a variety of facilities, including nuclear and hydroelectric facilities, and also investigates other alternative sources of power.

ORGANIZATIONAL HISTORY. The Power Authority of the State of New York (PASNY) was created in 1931 (Chapter 772) as an agency to improve, along with appropriate Canadian and United States authorities, the International Rapids Section of the St. Lawrence River near Massena as a means of commerce and navigation and to develop available hydroelectric power resources. In 1950, additional power resources of the Niagara River were made available to the United States under a treaty with Canada, and the following year PASNY was authorized by statute to develop additional power resources of this river.

In 1953 the authority was granted a license by the Federal Power Commission to construct, maintain and operate the St. Lawrence Power Project. As a public benefit corporation, the Power Authority sold revenue bonds to defray the cost of the project. In 1958 the Authority was granted another license to construct, maintain, and operate the Niagara Power Project, completed in 1963. In the case of both projects, contracts for the sale of power are expected to pay off debts incurred by construction and operation of the facilities.

In 1968 the authority was granted the right to construct nuclear facilities and hydroelectric pumped storage projects within specified areas, either alone or in cooperation with private utilities. The authority has completed projects at Blenheim-Gilboa (Schoharie County) and Nine Mile Point (on Lake Ontario near Oswego). In 1974 the authority also acquired and now operates power facilities in Astoria (Queens County) and Indian Point (a nuclear plant in Westchester County) to supply electricity to the New York City metropolitan area.

The Public Authorities Law was amended in 1978 to permit the Power Authority to develop small-scale hydroelectric projects. A number of such projects have be undertaken, including those on the Ashokain Reservoir (Ulster County), the Kensico Reservoir (Westchester County), and at Hinkley Dam and Reservoir (Oneida and Herkimer Counties).

In 1978 the Power authority also completed a transmission line to import power from Hydro-Quebec; in 1982 a thirteen year contract was signed for importing hydroelectric energy.

From the description of Power Authority of the State of New York Agency History Record. (New York State Archives). WorldCat record id: 81775171

The Power Authority of the State of New York (PASNY) was created in 1931 (Chapter 772) as an agency to improve, along with appropriate Canadian and United States authorities, the International Rapids Section of the St. Lawrence River near Massena as a means of commerce and navigation and to develop available hydroelectric power resources. In 1950, additional power resources of the Niagara River were made available to the United States under a treaty with Canada, and the following year PASNY was authorized by statute to develop additional power resources of this river.

In 1953 the authority was granted a license by the Federal Power Commission to construct, maintain and operate the St. Lawrence Power Project. As a public benefit corporation, the Power Authority sold revenue bonds to defray the cost of the project. In 1958 the Authority was granted another license to construct, maintain, and operate the Niagara Power Project, completed in 1963. In the case of both projects, contracts for the sale of power are expected to pay off debts incurred by construction and operation of the facilities.

In 1968 the authority was granted the right to construct nuclear facilities and hydroelectric pumped storage projects within specified areas, either alone or in cooperation with private utilities. The authority has completed projects at Blenheim-Gilboa (Schoharie County) and Nine Mile Point (on Lake Ontario near Oswego). In 1974 the authority also acquired and now operates power facilities in Astoria (Queens County) and Indian Point (a nuclear plant in Westchester County) to supply electricity to the New York City metropolitan area.

The Public Authorities Law was amended in 1978 to permit the Power Authority to develop small-scale hydroelectric projects. A number of such projects have be undertaken, including those on the Ashokain Reservoir (Ulster County), the Kensico Reservoir (Westchester County), and at Hinkley Dam and Reservoir (Oneida and Herkimer Counties).

In 1978 the Power authority also completed a transmission line to import power from Hydro-Quebec; in 1982 a thirteen year contract was signed for importing hydroelectric energy.

From the New York State Archives, Cultural Education Center, Albany, NY. Agency record NYSV86-A383

Archival Resources
Role Title Holding Repository
referencedIn Moses, Robert, 1888-. Robert Moses papers, 1934-1970 (inclusive), 1952-1970 (bulk). Yale University Library
referencedIn Haig, Robert Murray, 1887-1953. Robert Murray Haig papers, [ca. 1927]-1949. Columbia University in the City of New York, Columbia University Libraries
referencedIn Olds, Leland, 1890-1960. Papers, [ca. 1848]-1960, 1923-1960 (bulk). Campbell University, Wiggins Memorial Library
creatorOf Power Authority of the State of New York. Power Authority of the State of New York Agency History Record. New York State Archives
referencedIn Robert Moses papers, 1912-1980 New York Public Library. Manuscripts and Archives Division
referencedIn Robert Moses papers, 1934-1970 Yale University. Department of Manuscripts and Archives
referencedIn New York (State). Legislature. Legislative Commission on Science & Technology. [Hearings] New York State Library
referencedIn Robert Moses Papers, 1937-1972. Syracuse University. Library. Special Collections Research Center
referencedIn Saint Lawrence Seaway collection, 1907-1960 St. Lawrence University, Owen D. Young Library
referencedIn Saint Lawrence Seaway collection, 1907-1960 St. Lawrence University, Owen D. Young Library
referencedIn Owen D. Young Library. Special Collections. St. Lawrence Seaway collection, 1916-1959. Campbell University, Wiggins Memorial Library
referencedIn New York (State). Governor. Transcripts of minutes and public hearings of public authorities, 1951-1974. New York State Archives
referencedIn Archives at Queens Library. Utilities. N.Y. State Power Authority [vertical file] / [compiled by the Archives at Queens Library]. Queens Borough Public Library
referencedIn Crawford, Finla Goff, 1894-1973. Faculty and Staff, Finla Groff Crawford, 1894-1973 papers, 1924-1968. Syracuse University
creatorOf Moses, Robert, 1888-1981. [Pamphlets by Robert Moses: speeches, releases, reprints and publications of the Power Authority of New York, the Department of Parks of New York City and other agencies with which he has been connected]. Yale University Library
creatorOf Moses, Robert, 1888-1981. Robert Moses papers, 1912-1980. New York Public Library System, NYPL
referencedIn Garden City Public Library (Garden City, N.Y.). Garden City data collection, 1863-1989. Campbell University, Wiggins Memorial Library
creatorOf Power Authority of the State of New York. Correspondence with Theodore Dreiser, 1931. University of Pennsylvania Libraries, Van Pelt Library
referencedIn New York (State). Legislature. Assembly. Standing Committee on Energy. [Hearing of the Assembly Standing Committee on Energy on impact of the 2010-2011 State budget on Department of Public Service, New York State Energy Research and Development Authority and Power Authority of the State of New York]. New York State Library
referencedIn Cooke, Morris Llewellyn, 1872-1960. Papers, 1910-1959. Campbell University, Wiggins Memorial Library
creatorOf Wartsila Arctic (Vancouver, B.C.). William Layton, 1987-[ongoing]. Milwaukee Public Library, Milwaukee County Federated Library System
referencedIn Robert Murray Haig Papers, [ca. 1927]-1949 Columbia University. Rare Book an Manuscript Library
Role Title Holding Repository
Place Name Admin Code Country
New York (State)
New York (State)
Subject
Energy policy
Occupation
Activity
Public utilities

Corporate Body

Active 1912

Active 1980

Americans

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