Firms collect $27m to provide electric demand reduction projects.The New York State Energy Research and Development Authority The New York State Energy Research and Development Authority (NYSERDA) is a public benefit corporation that was created by the New York State Legislature in 1975. The purpose of the NYSERDA is to provide funding for the research of energy development. (NYSERDA NYSERDA New York State Energy Research and Development Authority ) announced that ConsumerPowerline, Endurant Energy LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , EnerNOC Inc., and Innoventive Power have been competitively selected to identify, develop, and implement projects that will produce large-scale peak electric-load reduction in the Con Edison territory. The firms will be paid $27 million. These projects will result in a minimum of 37 megawatts (MW) of electric-load reduction in the New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. area. The funds are awarded through NYSERDA's Aggregated Load Reduction Program. Peter R. Smith, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of NYSERDA said, "Our effort to reduce power consumption in the Con Edison territory is exemplified through our financial commitment to provide electric-demand management strategies to large-scale electric users. "The electric-load reduction strategies include permanent efficiency, curtailment, distributed generation Distributed generation generates electricity from many small energy sources. It has also been called also called on-site generation, dispersed generation, embedded generation, decentralized generation, decentralized energy or , and interval meter solutions. When implemented, these projects will provide significant peak-demand energy savings, decreased energy use, and improved electric-system reliability." The Aggregated Load Reduction Program is one of several programs established by NYSERDA as part of the Power Saving Partners initiative. The four firms that were competitively selected have proven records in the energy field and demonstrated a solid understanding of the New York City and Westchester County energy and construction markets, including the delivery of large-scale megawatt reduction projects. The program contains the following demand management strategies that will produce a reduction in peak demand: * Permanent Efficiency resulting in reduced peak demand during the summer peak-demand reduction period through the installation of equipment that provides long-term peak-demand reduction * Curtailment that can be implemented at times of constrained electric capacity * Distributed Generation that allows customer-sited electric generation facilities to offload a percentage or all of a facility's electric load through the use of generators that comply with, or exceed, minimum emissions and efficiency requirements, and: * Interval Meters installation that enables participation in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Independent System Operator (NYISO NYISO New York Independent System Operator (operator of the New York electric power grid) ) demand-response programs. "Not only will the projects initiated by our contractors through our Aggregated Load Reduction Program help reduce strain on the grid, participating businesses and industries will see reductions in their utility bills," Smith said. As an example, incentives for permanent efficiency projects can be as high as $600 per kilowatt of peak electric-load reduction. It is also possible to earn performance-based incentives for measurement and verification of long-term electric-load reductions. Consumer Powerline is a full service strategic energy asset management firm and provider of demand response solutions. Endurant Energy is an active developer, underwriter and manager of distributed energy and power generation assets, focusing on projects located in California, Illinois and New York. EnerNOC is the leading provider of technology-enabled total energy management solutions including full-service demand response Innoventive Power is an industry leading provider of energy services to large commercial firms and residential facilities focusing on cost reduction strategies and demand response. The New York State Energy Research and Development Authority (NYSERDA) is a public benefit corporation created in 1975 by the New York State Legislature A state legislature may refer to a legislative branch or body of a political subdivision in a federal system. The following legislatures exist in the following political subdivisions: Its programs are available to all electric distribution customers (residential, commercial, institutional, and industrial) of Central Hudson, Con Edison, NYSEG NYSEG New York State Electric & Gas (utility) , National Grid, Orange and Rockland, and Rochester Gas and Electric. |
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