Compressed Air Storage project

NYSEG Not Moving Forward With Compressed Air Energy Storage Project
NYSEG Not Moving Forward With Compressed Air Energy Storage Project
NYSEG Not Moving Forward With Compressed Air Energy Storage Project
New York State Electric and Gas has informed the U.S. Department of Energy that it will not move forward with the proposed compressed air energy storage (CAES) project in the Town of Reading. Upon completion of comprehensive engineering and financial evaluations, NYSEG determined that a number of site-specific issues, including the cost of site development, and energy market conditions, including