(WNY News Now) – Governor Kathy Hochul announces a significant boost for New York’s infrastructure as the U.S. Department of Energy grants nearly $24 million to fortify and modernize the state’s electric grid, aligning with the Climate Leadership and Community Protection Act’s ambitions for 100 percent zero-emission electricity by 2040.
Albany – Governor Kathy Hochul revealed that New York has secured a federal grant of almost $24 million to reinforce and modernize the state’s electric grid, aimed at mitigating the impacts of extreme weather and natural disasters. The Grid Resilience and Tribal Formula Grant, part of the federal Bipartisan Infrastructure Law, will play a crucial role in ensuring the reliability of New York’s power sector infrastructure while facilitating access to affordable and clean electricity for its residents. The announcement is a significant stride towards achieving the Climate Leadership and Community Protection Act’s target of transitioning to 100 percent zero-emission electricity by 2040.
The New York State Energy Research and Development Authority (NYSERDA), acting on behalf of the state, successfully applied for the grant from the U.S. Department of Energy (DOE). The funds, which will be administered over a two-year period with the possibility of extension for three additional years, will undergo a competitive selection process beginning in the first quarter of 2024. The selected projects will align with several key objectives, including storm hardening to enhance grid resilience against disruptive events, development of predictive analytics for early detection of system issues, and a commitment to climate justice by reducing carbon emissions and directing benefits to underserved communities.
NYSERDA’s goals also encompass ensuring energy affordability through optimized resource utilization, addressing inadequate electricity distribution infrastructure, and fostering job creation. These efforts will contribute to an inclusive and sustainable clean energy workforce.
New York joins eight other states and five tribal nations in being awarded a combined total of $125 million as part of the seventh cohort of Grid Resilience State and Tribal Formula Grants. To meet DOE’s grant requirements, the state will provide a 15 percent matching fund through the Regional Greenhouse Gas Initiative. The funds, distributed over five years, follow a formula accounting for factors such as population size, land area, disruptive event probability, and historical mitigation expenditures. Projects prioritized will be those offering the most significant community benefit in delivering clean, affordable, and reliable energy.
Governor Hochul emphasized the ongoing partnership with the federal government, emphasizing the positive impact of such collaborations in fortifying the state’s infrastructure against the escalating challenges posed by climate change. The funding injection is expected to propel New York towards a future powered by clean and resilient energy. For more information, interested parties can visit NYSERDA’s website and the Grid Deployment Office’s website.