“The engine power plants we produce do balancing service well. We can start and respond to real-time price signals or real-time dispatches from a system operator or utility. As soon as they’re ready to drop us offline, we go away. If the wind or the sun changes five minutes later, we can do the same all over.”

“If you’re talking about small modular nuclear, hydrogen, carbon capture, water, or wastewater, there are technologies we’re trying to deploy to help scale so we can bring those cost curves down, which is how the transition will ultimately happen.”

“There’s a large opportunity to capture off these gas fired power plants and sequester them underground. It also can be other sources like direct air capture or hydrogen production, renewable diesel, all sorts of sources that need to take the carbon dioxide out of the process and store it underground.”

“The biggest things in 2023 are number one, improving our customer experience. Number two, making sure we deliver affordable services to our customers. Number three is making the right investments to unlock existing renewables in upstate New York.”

Key industry changemakers met and strategized the path to decarbonization and how to deliver net zero. Strategies were discussed for delivering on climate ambitions as the transition in energy continues.

Answers to “What are the most important issues facing your State or Company?” and “What does the Federal Infrastructure Bill mean for your State or Company?”

“What we expect is a lot of cyber policies will be litigated in court. It’s trying to figure out attribution, and attribution is difficult to prove.”

“Risk management in this space falls into three large buckets. First people, then process. Have we built an appropriate process that uses people and has sufficient oversight and controls? Then it’s technology.”

“We’re active asset managers, typically with at least majority control. We have representation on the boards and are in constant communication with our companies.”