Gov. Andrew Cuomo announced the availability of $10 million to foster smart grid technologies to will help strengthen New York State’s electric grid to accommodate a diverse supply of power generation sources — including renewable energy. The investment will also enhance grid performance, reduce environmental impacts, boost energy efficiency and lower costs to customers.
The funding availablity is part of Gov. Cuomo’s Energy Highway Blueprint, which called for innovative projects to help reduce peak demand strains on the electric system and reduce associated costs, integrate intermittent renewable power sources such as wind and solar, strengthen the security of the system and improve overall power grid reliability.
“This funding will support innovative projects to implement our Energy Highway Blueprint and make New York’s electric grid one of the most advanced in the nation,” Cuomo said. “Modernizing the electric grid will not only help us meet current challenges in demand, efficiency, and costs to customers, but will also set New York up as a leader in smart energy practices for years to come.”
The funding, which is available through a competitive process, is being administered by NYSERDA under its Electric Power Transmission and Distribution Smart Grid Program. Projects can support research, engineering studies, product development and demonstration projects that improve the reliability, efficiency, quality, and overall performance of the electric power delivery system in New York State.
Proposals must demonstrate significant statewide public benefit and quantify all energy, environmental and economic impacts. Proposers must also provide cost-sharing.
Proposals for the first round of the program are due August 14 and second round proposals are due Feb. 12, 2014.
To date, NYSERDA’s Smart Grid program has provided $24 million in awards for research, product development and demonstration projects, matched by $31 million in private sector funding and further leveraged by $120 million in federal funding.