NY Pub Auth L § 1001 (2021)
2021 New York Laws PBA - Public Authorities Article 5 - Public Utility Authorities Title 1 - Power Authority of the State of New York 1001 - Declaration of Policy.

§  1001.  Declaration  of policy. Those parts of the Niagara and Saint   Lawrence rivers within the boundaries of  the  state  of  New  York  are   hereby  declared  to  be  natural resources of the state for the use and   development of commerce and navigation in the interest of the people  of   this  state  and  the  United  States.  In order to provide for the most   beneficial  use  of  these  natural  resources,  for  the  creation  and   development of hydroelectric power in the interest of the people of this   state,  and  to  preserve  and  enhance the scenic beauty of the Niagara   Falls and river, such natural resources, including the beds  and  waters   of  the said rivers as instrumentalities of commerce and navigation, and   the beds, waters, power and power sites  in,  upon  or  adjacent  to  or   within  the  watersheds  of  the said rivers, owned or controlled by the   people of the state, or which may hereafter  be  recovered  by  or  come   within  their  ownership,  possession  and  control, shall always remain   inalienable to, and ownership,  possession  and  control  thereof  shall   always be vested in, the people of the state.It  is  further declared that the need for obtaining and maintaining a   continuous and adequate supply of dependable electric power  and  energy   is  a  matter  of  public  concern  to the people of the state; that the   maximum capacity of the hydroelectric developments on  the  Niagara  and   Saint  Lawrence  rivers  of  the  authority  can  be  best  utilized and   additional  public  benefit   derived   therefrom   by   provision   for   supplemental  base  load  nuclear  generating  facilities  or facilities   utilizing new energy technologies and that for the purposes  (i)  of  so   utilizing such capacity and of deriving such additional benefit, (ii) of   providing  additional  low  cost  power and energy to attract and expand   high load factor industry, (iii) of continuing  an  adequate  supply  of   power  and energy for the future needs of its municipal electric systems   and rural electric cooperative customers, and (iv) of assisting  in  the   development  of  additional  dependable  hydroelectric  power from other   waters of the state and in the development of advanced facilities having   substantial prospects of  reducing  electricity  production  costs,  the   public   interest   requires  that  the  authority  participate  in  the   generation of supplemental electric power and energy by energy  storage,   hydroelectric  and  nuclear  means  and  new  energy technologies to the   extent authorized in this title.It is further declared that there is a shortage  of  dependable  power   capacity  in  the  southeastern  part  of  the state and that the public   interest requires that the authority assist in alleviating such shortage   by providing such base load generating facilities as may be necessary or   desirable to contribute to the maintenance of an adequate and dependable   supply of electricity for the metropolitan transportation authority, its   subsidiary corporations, the New York city transit authority,  the  port   authority of New York and New Jersey, the city of New York, the state of   New  York,  the  United  States,  other public corporations and electric   companies within the metropolitan area of the city of  New  York  within   the state of New York.It is further declared (i) that there should be full cooperation among   private   and   public   entities  including  the  authority,  municipal   corporations  and  rural  electric   cooperatives   engaged   in   power   generation,    transmission   and   distribution   and   in   associated   developmental and service activities, (ii) that it is desirable that the   authority and the utilities which with the authority constitute the  New   York power pool exchange comparable cost, performance and operating data   with  respect to generation by nuclear means particularly reflecting the   effect of the authority's tax-free status, (iii) that  it  is  desirable   and  reasonable  that  the  authority  sell  power  and  energy from its   projects  other  than  the  Niagara  and  Saint  Lawrence  hydroelectric    projects,  not  needed  for  its high load factor industrial, municipal,   rural electric cooperative and public transportation customers to  other   members  of  the  New  York power pool for resale without discrimination   under  their  respective  tariffs,  (iv)  that  it is desirable that the   authority give its  fullest  cooperation  to  the  energy  research  and   development  authority  in  advancing  and promoting the development and   implementation  of  new  energy  technologies,  and  shall  fulfill  its   responsibilities  for  the development and maintenance of increased base   load for New York state to the greatest extent possible by utilizing new   energy  technologies  made  available  by  the   energy   research   and   development  authority  to  the  extent deemed advisable by the trustees   and, (v) that upon certification by the public service commission of the   commercial  and  economic  feasibility  of  a  new   electrical   energy   generating  technology the power authority shall, in a manner consistent   with its powers and purposes, promptly plan and construct a facility  to   demonstrate such new technology; except, however, the authority may plan   and  construct  such  demonstration  facility  in  the  absence  of such   certification.