NYSERDA (the New York State Energy Research and Development Authority) has released its proposed Clean Energy Fund, a $5B, 10-year plan to “animate and sustain” the energy marketplace to achieve reductions in greenhouse gas reductions and energy use. The plan provides a detailed description of NYSERDA’s intended approaches along four primary initiatives: Market Development, Innovation & Research, NY Green Bank, and NY Sun.
Under the NY Public Service Commission’s “Reforming the Energy Vision” master plan, NYSERDA will become the state’s lead agency in engaging the private marketplace for energy innovation and use, while the New York Power Authority will act as a lead agency in innovative energy use in the public building sector.