New York Seeks Renewable Energy Proposals
Researched by Industrial Info Resources (Sugar Land, Texas)--In order to meet the New York's clean energy standard target of 50% by 2030, the state has issued a request for proposals (RFP) of $1.5 billion for major renewable energy projects, including fuel cell projects. The RFP is being managed by the New York Power Authority (NYPA) and the New York State Energy and Research Development Authority (NYSERDA). The solicitation focuses on large utility-scale renewable generation projects and will consider factors such as technology diversity, local economic benefits and the ability of the facility to produce during peak load times.
Industrial Info is tracking renewable energy capital projects valued at $9.37 billion in New York, including 23 wind projects, 17 hydroelectric projects and 18 solar projects.
With this investment, New York officials hope to approve 40 to 60 projects and add up to 40,000 jobs in support of President Donald Trump's new America First Energy Plan. For more information, see article - New York Bolsters Investment in Clean Energy Power Transmission.
The New York State Energy Plan is billed as a roadmap to build a clean, resilient and affordable energy system for all New Yorkers. The plan coordinates every state agency and authority that supports energy in order to integrate renewable energy into the core of the power grid, while redesigning programs to unlock private capital and deploying innovative energy solutions across the state's own public facilities and operations.
The initiative outlined in the plan will put New York on a path to achieve the following clean energy goals:
- A 40% reduction in greenhouse gas emissions from 1990 levels
- Obtain 50% of energy generation from renewable energy sources
- A 600 trillion Btu increase in statewide energy efficiency
A need for more new renewable energy generation in New York electrical grid faces a fundamental problem: Downstate New York has a high demand for electricity and a concentration of fossil-fuel-fired power plants, and upstate New York has more renewable energy sources and generating capacity than it can use. The numbers speak for themselves: 85% of electrical generation upstate comes from nuclear, hydroelectric and wind sources, while 75% of electrical generation downstate comes from fossil fuel-fired power generators.
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