How One Utility Is Changing The Clean Energy Business In Brooklyn And Queens
Friday September 16, 2016
The system for supplying electricity in the U.S. was premised on the assumption that utilities would make evermore electricity to sell to customers. But, the global need to reduce carbon emissions from traditional power generation, along with the emergence of distributed energy resources small, grid-connected devices, like rooftop solar and energy storage have disrupted demand for electricity produced from traditional power plants.
In May, the New York State Public Service Commission introduced a new way to pay the state's utilities, one where utilities are compensated not just based on how much electricity they produce, but also for producing environmental benefits aligned with the public good. This approach aligns with Reforming the Energy Vision (REV) New York's official plan to make its electric grid cleaner, more efficient, and affordable and comes at a time of unparalleled population growth in New York.
Map of the Brooklyn and Queens boroughs with the Neighborhood Program area highlight...