Clean Energy Development
Con Edison’s long-range plan for meeting increased electric demand will include capital investments, advanced grid technology and innovation in response to customer power use, and broader customer options for renewable energy. This support is done on both the regulated and unregulated portions of our business.
For the regulated businesses, a focus is placed on the development of the grid in a way that allows for the integration of customer-sited renewable generation and the implementation of energy-efficiency measures through better grid communication. We also support the effort announced in 2009 by the Governor of New York to meet 45 percent of the state’s electricity needs through energy-efficiency (15 percent) and renewable generation (30 percent) by 2015. The mechanism for developing that renewable generation is the Renewable Portfolio Standard, a program managed by the New York State Energy Research and Development Authority (NYSERDA) and is described in detail in the Policy Objectives section of this report.
The competitive energy businesses such as Con Edison Development and Con Edison Solutions are designed to support clean energy development whether it is through the sale of green power or the development of new solar projects throughout the United States.
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