|President Obama Meets with Electric Utility Industry Executives|
|May 8, 2013|
|FOR IMMEDIATE RELEASE|
Read full news release: Readout of the President’s Meeting with Electric Utility CEOs and their Trade Associations Hi-Res President Obama sat down with electric utility industry executives, including NYPA President and CEO Gil Quiniones on May 8, to discuss lessons learned during the response to Superstorm Sandy and ongoing preparations for the 2013 hurricane season. Also at the meeting, held at the Department of Energy, were senior members of President Obama’s response team, representatives from industry trade organizations and officials from government agencies including the Department of Energy and the Department of Homeland Security. About NYPA: The New York Power Authority uses no tax money or state credit. It finances its operations through the sale of bonds and revenues earned in large part through sales of electricity. ■ NYPA has been designated as the lead entity via Executive Order 88 by Gov. Andrew M. Cuomo to form a central management and implementation plan to carry out his Build Smart NY plan to reduce energy use by state facilities by 20 percent by 2020. ■ NYPA is the nation's largest state public power organization, through the operation of its 16 generating facilities in various parts of New York State, participation in a unique public/private partnership to contract for power from a clean generating plant in Queens, and its operation of more than 1,400 circuit-miles of transmission lines. ■ More than 70 percent of the electricity NYPA produces is clean renewable hydropower. Its lower-cost power production and electricity purchases support hundreds of thousands of jobs throughout the state.■ For more information visit www.nypa.gov or follow @NYPAenergy on Twitter.
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