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New York, NY, April 19, 2007 -- The New York State Energy Research and Development Authority (NYSERDA) contracted with ConsumerPowerline (CPLN) to achieve large-scale peak electric load reduction. The contract was awarded as a result of a competitive multi-million dollar NYSERDA solicitation. (For more on grid reliability and energy saving strategies, click here.)
In October of 2006, NYSERDA awarded ConsumerPowerline incentives in the "Aggregated Load Reduction Program" under the "Power Saving Partners" initiative. The initiative provides funds to help manage and reduce energy usage, especially during peak periods. CPLN received the go-ahead to use the multi-million three-year peak electric load reduction contract to enhance the reliability of the New York's power grid in times of stress, by working with the city's commercial, industrial and residential buildings to undergo energy efficiency upgrades that reduce peak electric load.
The contract with NYSERDA commits ConsumerPowerline to develop and implement 14 megawatts (MW) of new electric load reductions, specifically in areas served by Consolidated Edison (ConEd). In the last three months, the energy firm has garnered commitments for peak load reductions from major area healthcare facilities, multi-family housing and large commercial real estate management firms, for 3.2 MW. ConsumerPowerline is continuing to develop projects around New York City to meet its 14 MW goal.
"Our clients realize that unless they step up and make a commitment to be part of the solution to our pressing energy needs, the city may well not have enough power to run everyone's lights, elevators and air conditioners, as the last couple of summers have dramatically brought home," said Mike Gordon, founder and president of ConsumerPowerline.
NYU Medical Center recently signed on for a new, environmentally friendly generator upload project that will create an additional 1,973 kilowatt (kW) of electricity capacity. The added energy will directly enhance the electricity grid's capacity to respond when demand soars and the threat of a power outage looms, notably in the hot summer months.
By using a range of peak load reduction projects, facilities are compensated on dollar per kW basis, earning up to $735 per kW of capacity that their initiatives create.
For more news and exclusive features from Utility Automation & Engineering T&D and Electric Light & Power online, please click here.
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