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NYISO approves interconnections for WNY STAMP to access 450 MW of low cost power from NYPA
The Genesee County Economic Development Center (GCEDC) today announced that it has received notification from the New York Independent System Operator (NYISO) confirming that the Western New York Science Technology Advanced Manufacturing Park (WNY STAMP) has been approved to interconnect to the New York Power Authority’s dual 345-KV bulk transmission circuits. The interconnection provides STAMP with the capacity of being able to deliver 450 MW of low cost power to the site.
“Advanced manufacturing companies are extremely energy intensive so having the capacity to provide these businesses with low cost power is yet another attraction for them to come to STAMP,” said Steve Hyde, president and CEO of the GCEDC. “It also provides us another tool to further market and promote STAMP to corporate site selectors and advanced manufacturing executives.”
The GCEDC continues to oversee the build-out of various infrastructure at STAMP, including construction and engineering design work on roadways, natural gas and electric and water and wastewater lines. This work is the result of $33 million in funding provided to STAMP by New York State.
WNY STAMP is New York’s second shovel-ready mega site (1,250 acres) and is aligned to attract the next generation of nanotechnology companies, including semiconductor chip fabs, flat panel displays, solar, bio-manufacturing, and advanced manufacturing companies to the Empire State.
The site is within a 60-minute commute of 2.3 million residents from the Rochester and Buffalo metro regions as well as six university centers with over 17,000 enrolled engineering students. Within a two-hour drive from STAMP there are 57 college and university centers.
STAMP has the potential to generate significant economic activity, as well as propel growth in several high-technology fields and strengthen the state’s leadership in the nanotechnology industry. STAMP has the potential to generate $30-$50 billion in investment and employ up to 10,000 workers on-site with thousands more jobs created through the supply chain.