Albany, NY, U.S.A. --- (METERING.COM) --- June 12, 2013 - New York governor Andrew M. Cuomo has made available $10 million to promote new smart grid technologies that will help re-engineer the New York state electric grid.
The funding available is part of the state’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 power sources, such as wind and solar, strengthen the security of the system, and improve overall 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,” Governor 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 in two rounds in August 2013 and February 2014, is being administered by NYSERDA under its Electric Power Transmission and Distribution Smart Grid Program. Projects can support research, engineering studies, new product development and demonstration projects that improve the reliability, efficiency, quality, and overall performance of the electric power delivery system in New York State.
Potential technologies include advanced monitoring and controls, grid scale energy storage, T&D automation/management, renewable energy integration, advanced cabling/conductors, advanced system modeling/applications, distributed energy interconnections/micro-grids, and advanced sensors/devices/systems.
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.
The Energy Highway initiative, introduced in the governor’s 2012 State of the State address, provides for as much as 3,200 MW in new generation and transmission capacity through such strategies as additional renewable energy production, modernizing power plants, investing in transmission upgrades and developing smart grid technologies.