The partnership will help to advance Governor Andrew M. Cuomo’s Green New Deal, a nation-leading clean energy and jobs agenda that will aggressively put New York State on a path to economy-wide carbon neutrality. NYPA is making a series of strategic investments in clean energy technology and business models to help advance the State’s move to a clean energy future – with a focus on electric vehicle infrastructure and carbon free grid flexibility.
Electric Vehicle Infrastructure
In order to catalyze EV adoption in NY State, NYPA will invest $250 million between now and 2025 to install a robust DC fast charging backbone infrastructure throughout the state and build out critical EV infrastructure at key customer sites. NYPA is looking for start-up companies related to smart EV charging, demand flexibility, V2G, grid integration, battery management and use cases attractive to the NYISO and NYPA customers, including utilities, EV owners, and any facility that has parking. NYPA is also looking for opportunities to value stack services, telecommunications, and markets.
Energy Storage & Demand Flexibility
NYPA is looking to accelerate the commercialization of new flexible resources for the electricity grid – necessary to ensure an affordable and reliable renewable energy supply. This includes transmission, distribution and behind-the-customer-meter level storage that might be attractive to NYPA customers, including utilities, municipalities, industry, and any facility that generates its own heat/electricity. It also includes new and innovative customer demand management tools and energy resource orchestration platforms. NYPA is looking for technology companies in the areas of energy storage and demand management that can help build longer duration flexibility into the grid and optimize the role these resources play.