NY Plans to Create Energy Efficient Power Grid

By Joe Gullo

Published 04/24 2014 01:32PM

Updated 04/24 2014 01:33PM

ALBANY, N.Y. - New York released plans for energy modernization that will change how electricity is distributed throughout the state. 

A press release says the changes will create a power grid of the future by developing new policies to encourage and reward consumers to use new technologies to control energy use.

“For more than 100 years, the generation and distribution of electricity in New York has been largely unchanged, but today we taking a giant step from the status quo and leading the way on energy modernization,” Governor Cuomo said. “By introducing and embracing information technology and clean energy solutions, millions of New Yorkers will benefit from a 21st Century power grid, enabling them to better manage and reduce their energy costs while protecting and preserving the environment.”

Under the Reforming Energy Vision (REV) initiative, utilities will be able to manage and coordinate resources and generate electricity for small energy sources and link them together. 

A press release says New York will also look at current regulatory practices and make changes that will promote and support energy efficiency, renewable energy, least cost energy supply, fuel diversity , adequacy and reliability, demand elasticity, and customer empowerment. 

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