NYPA - New York Power Authority
10/11/2024 | Press release | Distributed by Public on 10/11/2024 12:25
New York Power Authority Issues RFP on Delivery of Renewable Energy Into New York City
New York Power Authority Issues RFP on Delivery of Renewable Energy Into New York City
For Immediate Release:10/11/2024
RFP Questions Contact: [email protected]
Media Relations Contact: [email protected]
NYPA Seeks Qualified Bidders, Market Participants to Deliver Energy
Into New York City Through the Hudson Transmission Project Cable
RFP Supports Advancement of New York's Nation-Leading
Climate Action Goals
WHITE PLAINS-The New York Power Authority (NYPA) yesterday issued a Request for Proposals (RFP) on the delivery of renewable energy into New York City through the Hudson Transmission Project (HTP), a 660-megawatt (MW) primarily underground and underwater transmission line that runs between Ridgefield, New Jersey and New York City.
The RFP seeks to identify renewable energy developers or suppliers interested in delivering renewable energy resources into New York through the HTP cable. NYPA will also consider a wide array of proposals to aid in the delivery of renewable energy through the project, including proposals that incorporate storage solutions-standalone or co-located with generating facilities.
Responses for this RFP should be sent to [email protected]by Friday, November 1, 2024. Additional information can be found on the Power Authority's Procurement webpage.
New York Power Authority President and CEO Justin E. Driscoll said, "NYPA is seeking proposals from renewable energy developers and suppliers that can provide clean energy to New York City through the Hudson Transmission Project cable. Through this RFP, NYPA will gain a better understanding of market participants that can supply renewable energy into New York City today and into the future."
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 the state move into the next era of renewable energy production and realize its bold clean energy goals.
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New York State's Nation-Leading Climate Plan
New York State's 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 advancing a suite of efforts - including the New York Cap-and-Invest program (NYCI) and other complementary policies - to reduce greenhouse gas emissions 40 percent by 2030 and 85 percent by 2050 from 1990 levels. New York is also on a path to achieving a zero-emission electricity sector by 2040, including 70 percent renewable energy generation by 2030, and economy-wide carbon neutrality by mid-century. A cornerstone of this transition is New York's unprecedented clean energy investments, including more than $28 billion in 61 large-scale renewable and transmission projects across the State, $6.8 billion to reduce building emissions, $3.3 billion to scale up solar, nearly $3 billion for clean transportation initiatives and 130 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 NYPANYPA is the largest state public power organization in the nation, operating 17 generating facilities and more than 1,550 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.govand follow us on Twitter, Facebook, Instagram, Tumblrand LinkedIn.