HomeDecentralized EnergyCogeneration CHPNew York Governor Cuomo designates $20m for cogeneration

New York Governor Cuomo designates $20m for cogeneration

The Governor of New York Andrew Cuomo has announced $20m investment will be driven in clean energy projects, specifically aimed providing continuous power and heat during power outages.

Governor Cuomo is acting on recommendations made by the NYS 2100 Commission following the devastation wrought by Hurricane Sandy.
New York Governor Anrew Cuomo
These combined heat and power (CHP) projects provide manufacturers, apartment buildings, hospitals, universities and other large buildings the ability to produce a portion of their own heat and electricity.

“Investing in combined heat and power technology will help keep our electric grid reliable and efficient, and make our businesses more competitive,” said Governor Cuomo. “In the wake of Hurricane Sandy, we have learned the value and importance of having clean-energy technologies like CHP in place that will keep the lights on and systems running for our residents and businesses.”

This program, administered by the New York State Energy Research and Development Authority (NYSERDA), will only fund CHP systems that can continue to operate during a grid outage. In addition, all applicants in flood zones must install systems in locations that would be “high and dry” in the wake of a worst-case flood scenario.

“Governor Cuomo has called for making the State’s infrastructure more resilient in the face of extreme weather like we witnessed with Hurricane Sandy. Through the use of combined heat and power technology, building owners can make that happen,” said Francis J. Murray Jr., President and CEO, NYSERDA. “CHP systems can benefit our metropolitan areas in many ways, from easing air pollution to reducing fossil-fuel consumption, as well as reducing the pressure on the electric grid in times of great need.”

à‚ The program will pay an incentive of up to $1.5m per project for installing equipment approved by NYSERDA and installed by approved CHP system vendors. Projects can be as small as 50 kilowatts and as large as 1.3 megawatts, based on building requirements. Incentive amounts will be available on a first-come, first-served basis until December 30, 2016 or until all funds are committed. Only CHP systems installed at sites that pay the System Benefits Charge (SBC) are eligible for incentives.

After Hurricane Sandy, Governor Cuomo announced three commissions, NYS 2100, NYS Ready and NYS Response, to improve the State’s emergency preparedness and response capabilities, and to strengthen the State’s infrastructure to withstand natural disasters.

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