The transportation sector plays a large role in economic competitiveness and in environmental sustainability, which according to the EPA, accounted for 27 percent of greenhouse gas emissions in 2010, trailing just the power sector. Going forward, the U.S. Energy Information Administration (EIA) projects an average energy consumption increase of 1.1 percent by the world transportation sector…....
Policymakers and industry leaders are increasingly understanding the importance of energy storage in a number of applications, such as integrating renewable energy sources and providing grid resiliency, which has become particularly exigent in New York in the aftermath of Hurricane Sandy. As a result, organizations like the New York Battery and Energy Storage Technology (NY-BEST)…...
DOE has committed more than $10M to improve the electricity grid by deploying advanced software that works with synchrophasor technology. On June 11, 2014, the Department of Energy (DOE) announced more than $10M for six grid improvement projects across five states. The projects will increase deployment of advanced software that works with synchrophasor technology to…...
ARPA-E has announced $33M in funding under its new REBELS program to support innovative distributed generation technologies. On June 19, 2014, the Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E) announced $33M in funding for 13 projects through its new Reliable Electricity Based on Electrochemical Systems (REBELS) program. The new projects will focus on…...
FERC is seeking a review of the recent court decision vacating Order 745, FERC’s final rule governing demand response resources in the wholesale market. On June 11, 2014, the Federal Energy Regulatory Commission (FERC) announced it will request the U.S. Court of Appeals for the District of Columbia for an en banc rehearing of the…...
On March 12, 2014, Eos Energy Storage announced plans to test its Aurora energy system at a Con Edison facility in mid-2014. The pilot aims to demonstrate the value of distributed energy storage in reducing costs associated with energy infrastructure upgrades to serve peak electricity demand. The project is supported by $1M in funding from the…...
The New York State Reforming the Energy Vision (REV) initiative aims to answer the question of how to proceed with New York’s energy future in the face of aging electric generating plants and the need for a more resilient energy infrastructure. Overview The initiative – announced by Governor Cuomo in April 2014 – tasks the…...
Multiple energy industries rely on federal tax incentives to spur private investment in commercializing renewable technologies. However, the periodic expirations of these tax credits have led to business uncertainty and an inability to make long-term planning decisions. The most recent Senate extender bill – the Expiring Provisions Improvement Reform and Efficiency (EXPIRE) Act of 2014…...
In 2013, New York Power Authority (NYPA) produced approximately 27.8B kilowatt-hours, approximately 20 percent of the state’s power. Approximately 70 percent of this power came from clean, renewable hydropower. NYPA, the nation’s largest state-owned power organization, is at the forefront of innovative energy, environmental, and economic development initiatives. As a leading provider of low-cost electricity,…...
New York’s fast-evolving energy industry is focused on preparing for a future in which new technologies present broad opportunities to modernize energy systems in ways that could significantly increase resiliency. In June 2013, New York unveiled a comprehensive plan to increase infrastructure and building resilience including initiatives to mitigate weather-related impacts. These initiatives are designed…...
Since the turn of the century, increased scrutiny has been placed on the U.S. electric grid. The threat of weather disruption, physical and cyber-attacks, and decreased regional power generation capacity due to emissions regulations are key factors framing the debate over how to achieve power security and supply. Overview In 2012, Hurricane Sandy exposed electric…...
On February 5, 2014, The New York Green Bank (NYGB) issued its first solicitation for project funding. With project funding commencing, NYGB aims to create a sustainable stream of private capital to replace intermittent grants and subsidies from state and federal sources, and be the first U.S. Green Bank to target $1 billion in capitalization…....