Highlights
- New York Power Authority Issues RFQ on Renewable Energy Development Opportunities in New York State
- RFQ Advances NYPA's Expanded Authority to Build Renewables in NYS to Help Meet State's Nation-Leading Climate Action Goals
The New York Power Authority (NYPA) today (March 12) issued a Request for Qualifications (RFQ) to pre-qualify renewable development companies and investors that meet requirements to collaborate with NYPA on the development of renewable energy generating projects and storage systems, including solar photovoltaic, wind, battery storage, green hydrogen, geothermal, and renewable-related transmission.
The RFQ seeks information from renewable developers outlining their experience and qualifications, allowing NYPA to evaluate respondents for pre-qualification that will last up to five years. NYPA anticipates inviting qualified respondents to this RFQ to respond to future Requests for Proposals or other procurement offerings where there will be the opportunity to submit complete project proposals, including terms and costs. A robust response to a NYPA Request for Information issued earlier this year, as well as discussions with stakeholders, including those consulted in NYPA's first annual conferral process completed late last year, helped inform the RFQ development.
Responses for this RFQ should be sent to nypa.bids@nypa.gov by Tuesday, April 9, 2024. NYPA will review the responses expeditiously and expects to inform respondents on whether they have been pre-qualified for collaborations with NYPA by the end of May 2024.
NYPA President and CEO Justin E. Driscoll said, "The Power Authority is taking significant steps to move the development of renewable power generation forward in New York State. We expect responses to this RFQ to facilitate the creation of a stable of pre-qualified firms that NYPA can collaborate with quickly to scale renewable generation and advance the State's nation-leading clean energy goals."
The Power Authority's positive impact on New York's carbon footprint dates to the 1950s and 1960s when it constructed the state's largest hydroelectric power plants in Niagara and Massena. Over decades of innovation from modernized generation and transmission to renewable energy and clean transportation NYPA is now well-positioned to help move the state into the next era of renewable energy production and help the state to realize its bold clean energy goals.
The 2023-24 Enacted State Budget provided NYPA with enhanced authority to plan, design, develop, finance, construct, own, operate, maintain and improve renewable energy generation and storage projects either alone or in collaboration with other entities to help support the state's renewable energy goals in the Climate Leadership and Community Protection Act, maintain an adequate and reliable supply of electric power and energy in the state, and support the new REACH program, which will enable low-income and moderate-income electricity customers to receive bill credits through the production of renewable energy by NYPA. NYPA will publish its first biennial strategic plan for renewable energy development in January 2025.
New York State's Nation-Leading Climate Plan
New York State's nation-leading climate agenda calls for an orderly and just transition that creates family-sustaining jobs, continues to foster a green economy across all sectors and ensures that at least 35 percent, with a goal of 40 percent, of the benefits of clean energy investments are directed to disadvantaged communities. Guided by some of the nation's most aggressive climate and clean energy initiatives, New York is on a path to achieving a zero-emission electricity sector by 2040, including 70 percent renewable energy generation by 2030, and economywide carbon neutrality by mid-century. A cornerstone of this transition is New York's unprecedented clean energy investments, including more than $50 billion in 66 large-scale renewable and transmission projects across the state, $6.8 billion to reduce building emissions, $3.3 billion to scale up solar, more than $1 billion for clean transportation initiatives, and over $2 billion in NY Green Bank commitments. These and other investments are supporting more than 170,000 jobs in New York's clean energy sector in 2022 and over 3,000 percent growth in the distributed solar sector since 2011. To reduce greenhouse gas emissions and improve air quality, New York also adopted zero-emission vehicle regulations, including requiring all new passenger cars and light-duty trucks sold in the State be zero emission by 2035. Partnerships are continuing to advance New York's climate action with 400 registered and more than 100 certified Climate Smart Communities, nearly 500 Clean Energy Communities, and the State's largest community air monitoring initiative in 10 disadvantaged communities across the state to help target air pollution and combat climate change.
About NYPA
NYPA is the largest state public power organization in the nation, operating 16 generating facilities and more than 1,400 circuit-miles of transmission lines. More than 80 percent of the electricity NYPA produces is clean renewable hydropower. NYPA finances its operations through the sale of bonds and revenues earned in large part through sales of electricity. For more information visit www.nypa.gov and follow us on Twitter, Facebook, Instagram, Tumblr and LinkedIn.
