Catskills Citizens Send Premium Energy Holdings Packing

Holding company withdraws its flawed proposal to create a pumped storage hydroelectric facility at the Ashokan Reservoir in the face of fierce community opposition

April 13, 2021 - Premium Holdings, a power company from Southern California, proposed to create an enormous underground hydroelectric plant adjacent to the Ashokan Reservoir. Had the project moved forward, the company would dig into valleys in the towns of Olive or Shandaken and dam streams to create reservoirs as part of “pumped storage” for electricity to be generated using associated water transport tunnels. Today, Premium announced that it was withdrawing the proposal for the Ashokan project, but maintained that it would consider submitting a revised proposal for a similar project around the Neversink Reservoir or the Roundout Reservoir.

Mountainkeeper released the following statement, attributable to Kathy Nolan, Catskill Mountainkeeper's Senior Research Director.

Thanks to our wonderful community in the Catskills for speaking up clearly and forcefully to chase away this poorly conceived project! We must seek and advance truly sustainable approaches to our energy needs and realize what is at stake in areas preserved for their importance to water quality, recreation, natural habitats, and other "eco-system benefits." The New York City reservoirs are an important and sensitive engineering and ecological system--while we're thrilled that the sponsors are pulling out of the Ashokan proposal, we remain concerned and engaged around the potential for this type of project to pop up at another reservoir.

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Read & listen to Allison Dunne's story about the victory on WAMC

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