NIAGARA FALLS, N.Y. (WKBW) — $1.1 billion is now coming to the Niagara Power Project.
According to a press release issued by Governor Cuomo's office on Wednesday, the money will fund a 15-year project to extend the operating life of the state's largest power plant.
The program, called "Next Generation Niagara," focuses on the Robert Moses Niagara Power Plant in NIagara Falls.
"The Niagara Power Project is New York's largest source of clean electricity and this modernization project will allow it to continue operating for another 50 years," Governor Cuomo said. "This extraordinary investment is a crucial part of our nation-leading plan to decarbonize New York's electric power system by 2040 and will continue supplying job-producing companies across the state with clean, low-cost energy."
The Governor's Office says these improvements will include replacing aging equipment with the latest machinery reflecting advanced digital technologies for optimizing the hydroelectric project's performance. The project will also secure the plant's future as a clean power generator, spurring economic development in Western New York and across the state.