WHITE PLAINS—The New York Power Authority (NYPA) today issued a Request for Information (RFI) to understand potential interest and opportunities for NYPA to collaborate with renewable developers, contractors, and companies to develop, own, and operate renewable energy generating projects and storage systems, including solar photovoltaic energy, wind energy, and battery energy storage. The RFI seeks to advance takeaways identified in the Power Authority’s recently published Conferral Report, which includes input on renewable energy deployment gathered from formal conversations between NYPA and stakeholders as called for in legislation included in the 2023-24 Enacted State Budget.
NYPA President and CEO Justin E. Driscoll said, “The Power Authority is building on momentum from the completed renewable energy conferral process to now engage with renewable developers directly to identify opportunities in the energy marketplace. NYPA’s unique position as an innovative public utility allows us to bring our resource and experience to bear to build projects in timely, economical ways. The results of this RFI will inform the Power Authority’s next steps, advancing a cohesive and efficient transition to a clean energy economy for New York State that will benefit all New Yorkers.”
The RFI seeks information related to joint development opportunities in support of New York State’s aggressive energy goals. NYPA is receptive to feedback from all interested parties and is particularly interested in responses from private sector renewable developers, contractors, and companies. Responses should be sent to NYPARenewables@nypa.gov by February 7.
The Power Authority’s positive impact on New York’s carbon footprint dates back to the 1950s and 1960s when it constructed the state’s largest hydroelectric power plants in Niagara and Massena. Over decades of innovation—from smart generation and transmission to renewable energy and clean transportation—NYPA is now well-positioned to help move the state into the next era of renewable energy production and toward realizing the state’s clean energy goals.
In May 2023, the 2023-24 Enacted State Budget provided NYPA with enhanced authority to develop, own, and operate renewable energy generating projects—either alone or in collaboration with other entities—to help support the state’s renewable energy goals in the Climate Leadership and Community Protection Act, maintain an adequate and reliable supply of electric power and energy in the state, and support the new REACH program, which will enable low-income and moderate-income electricity customers to receive bill credits through the production of renewable energy by NYPA.
New York State’s Nation-Leading Climate Plan
New York State’s nation-leading climate agenda calls for an orderly and just transition that creates family-sustaining jobs, continues to foster a green economy across all sectors and ensures that at least 35 percent, with a goal of 40 percent, of the benefits of clean energy investments are directed to disadvantaged communities. Guided by some of the nation’s most aggressive climate and clean energy initiatives, New York is on a path to achieving a zero-emission electricity sector by 2040, including 70 percent renewable energy generation by 2030, and economywide carbon neutrality by mid-century. A cornerstone of this transition is New York’s unprecedented clean energy investments, including more than $50 billion in 66 large-scale renewable and transmission projects across the state, $6.8 billion to reduce building emissions, $3.3 billion to scale up solar, more than $1 billion for clean transportation initiatives, and over $2 billion in NY Green Bank commitments. These and other investments are supporting more than 170,000 jobs in New York’s clean energy sector in 2022 and over 3,000 percent growth in the distributed solar sector since 2011. To reduce greenhouse gas emissions and improve air quality, New York also adopted zero-emission vehicle regulations, including requiring all new passenger cars and light-duty trucks sold in the State be zero emission by 2035. Partnerships are continuing to advance New York’s climate action with 400 registered and more than 100 certified Climate Smart Communities, nearly 500 Clean Energy Communities, and the State’s largest community air monitoring initiative in 10 disadvantaged communities across the state to help target air pollution and combat climate change.
NYPA is the largest state public power organization in the nation, operating 16 generating facilities and more than 1,400 circuit-miles of transmission lines. More than 80 percent of the electricity NYPA produces is clean renewable hydropower. NYPA finances its operations through the sale of bonds and revenues earned in large part through sales of electricity. For more information visit www.nypa.gov and follow us on Twitter, Facebook, Instagram, Tumblr and LinkedIn.