The Corridor Journal of Strategic Alliances Sustainable Energy & The Environment | Page 6

State Energy Policy and Long Island Act fast—The Energy Landscape is Changing Beth Fiteni, MSEL The nature of life is change, and the field of energy is no different. Long Island has seen many variations in its energy generation over the past 15 years, and more change is afoot. While the state and utility companies have been offering incentives for years to encourage efficient energy use, under the new Reforming the Energy Vision (REV) laid out by Governor Cuomo’s office and the NY Public Service Commission, NY State plans to encourage utilities to address our aging electric infrastructure and shift towards more distributed generation sources to be better prepared in the occurrence of storms. A goal of REV is to “fundamentally transform the way electricity is distributed and used in New York State…utilities will actively manage and coordinate a wide range of distributed resources, or generate electricity from many small energy sources and link them together.” The goals are “to improve system efficiency, empower customer choice, and encourage greater penetration of clean generation and energy efficiency technologies and practices.” One key component of this is a new program called NY Prize, a first-of-its kind $40 million competition to inspire a new generation of local power by challenging New York businesses, entrepreneurs and electric utilities to design and implement community-based microgrids in the State. As opposed to energy being produced by one large centralized power plant, microgrids are local energy networks able to fully separate from the larger electrical grid during extreme weather events and emergencies. If there is a power outage, microgrids can help communities provide vital public services and power to residential customers and critical operators such as hospitals, first responders and water treatment facilities. They can also add electricity to the main grid during times when overall demand is highest. 6 Microgrids can distribute electricity generated locally by solar, other renewable energy installations or combined heat and power systems at local sites, as well as energy storage technology where the energy can be stored for later use. See www.nyserda.ny.gov/ny-prize. NYSERDA, the New York State Energy Research and Development Authority, is a public benefit corporation started in 1975, with a mission of “Advancing innovative energy solutions in ways that improve New York’s economy and environment.” To align with the new Vision, NYSERDA has proposed a $5 billion Clean Energy Fund (CEF), which is proposed to replace multiple funding sources (System Benefits Charge (SBC), Energy Efficiency Portfolio Standard (EEPS), a