Policy Documents

Indian Point Contingency Plan

The New York Battery and Energy Storage Technology Consortium (NY-BEST) respectfully submits the following comments in regard to the Indian Point Contingency Plan.  Con Edison and NYPA have proposed to include 100 MW of Energy Efficiency/Demand Reduction/CHP in their Plan to address the potential closing of the Indian Point nuclear facility. In their February 1, 2013 proposal and in Con Edison’s March 12, 2013 Reply Comments in the case, Con Edison specifically includes energy storage as an acceptable form of demand reduction.

 (4/4/2013)
NY-BEST Policy Update – March 2013

The NYS Legislature has passed the 2013-14 State Budget, which takes effect April 1st, 2013.  We have identified several initiatives in the Budget that may be of interest to you.  These include: Charge NY Electric Vehicle Recharging Equipment Tax Credit, Microgrids, New York State Business Incubator and Innovation Hot Spot Support Act, New York State Innovation Venture Capital Fund, Next Generation Job Linkage Incentive Program, Manufacturers Tax Cut, Linked Deposit Expansion.

 (3/1/2013)
2011-2012 CAIR Report

The New York Battery and Energy Storage Technology ConsortiumTM (NY-BEST) was announced in 2009 to help position New York as a global leader in energy storage technology for heavy-duty transportation, electric grid, and other applications. NYSERDA was charged with working with industry and academic partners to establish this industry-driven consortium, which is being seeded by NYSERDA with approximately $25 million through Clean Air Interstate Rule (CAIR) proceeds. The Consortium was incorporated by its 17 member Board of Directors in January 2010 as a New York State not-for-profit corporation. In December 2010, Bill Acker was hired by the Board as Executive Director of NY-BEST and Capitol Hill Management Services was hired by the Board to provide association management services.

 (1/30/2013)
New York Solar Roadmap

The purpose of this New York Solar roadmap is to provide a reference document to
all stakeholders of the industry. Its objective is to identify the state’s specific needs
and to recommend innovative solutions to meet the future challenges related to this
industry. It enables all industry, university and government participants to plan ahead
— based on known and anticipated trends in the industry — as they put in place
substantial investments, consortia and commercial cooperative ventures.

 (1/30/2013)
The New NY Agenda: Power NY Policy document on the need for a smart electric grid, including storage, developed by then Governor-elect Cuomo. (1/1/2011)
MEMO OF SUPPORT SENATE BILL 2522 (Maziarz)/ ASSEMBLY BILL 5060 (Englebright)

The New York Battery and Energy Storage Technology Consortium strongly supports the qualified solar and energy storage manufacturers and operations credit.  This proposal will provide a tax credit to eligible companies of 20% on research and development and manufacturing property and a 10% credit for qualified research and development expenses.

New York Energy Highway Blue Print
New York Energy Highway Website
NY Green Bank Releases RFP Soliciting Clean Energy Financing Arrangements

NYS Governor Andrew Cuomo has announced the start of business operations for the New York Green Bank. The goal of the NY Green Bank is to stimulate private sector financing and accelerate the transition to a more cost-effective, resilient and clean energy system.

In commencing its operations, the NY Green Bank released a Request for Proposal (RFP) inviting proposals from private sector capital providers and other clean energy industry participants to propose partnership arrangements with the Green Bank that would facilitate the financing of clean energy projects (including energy generation and energy savings projects) in the State of New York. Proposals are being sought from industry participants and financial institutions in which NY Green Bank participation will facilitate private market financing of renewable energy and energy efficiency projects that have difficulty accessing financing due to market barriers.

The RFP provides details on the eligible investments, eligible financing arrangements, and eligible proposers.  Eligible proposers include: energy service companies, developers, equipment manufacturers or others that provide equipment, materials and/or services related to renewable energy and energy efficiency projects along with financial institutions or other third-party capital providers that are financing, or intending to finance, such projects.

Importantly for NY-BEST members, ATTACHMENT B of the RFP entitled, “Illustrative Guidelines for Eligible Investments” includes an illustrative, non-prescriptive and non-exhaustive list of technologies that could be included in proposed project(s). It states that “NY Green Bank may consider supporting financing arrangements that include projects using technologies beyond the scope of Attachment B so long as proposers demonstrate a potential for increased deployment of energy efficiency or renewable energy and/or a potential for greenhouse gas reductions in New York State.” The list of eligible technologies includes, under renewable energy resources, Fuel cells (continuous duty) – natural gas fuel or hydrogen;  and under energy efficiency, it includes Load Reduction, thermal and electric energy storage and Demand response programs.

The RFP will remain open and proposals will be evaluated on an ongoing basis. Proposals that meet eligibility guidelines will be evaluated on a rolling submission basis as received. According to the Green Bank, the purpose of an ongoing RFP process is to “ensure all potential partners have an opportunity to propose financing arrangements.”

Last December, Governor Cuomo announced the initial capitalization of $210 million for the NY Green Bank, including $165 million redirected from other clean-energy programs by the New York State Public Service Commission and $45 million from the Regional Greenhouse Gas Initiative. This was the first step in capitalizing the $1 billion NY Green Bank initiative announced by Governor Cuomo in his 2013 State of the State address. For more information about the NY Green Bank, visit their website.

NY-Sun Initiative

The NY-Sun Initiative brings together and expands existing programs administered by the New York State Energy Research and Development Authority (NYSERDA), Long Island Power Authority (LIPA), and the New York Power Authority (NYPA), to ensure a coordinated, well-funded solar energy expansion plan. Investing $800 million through 2015, the expanded solar program.

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