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NY: How New York Plans to Revolutionize the Electricity Utility
The Energy Collective: On August 22, New York State took a big step forward in what is arguably the most ambitious initiative in the country to define the future of the electricity grid. The regulatory staff at the state’s Department of Public Service (DPS) reached a major milestone in its Reforming the Energy Vision (REV) proceeding, releasing the Track One Staff Straw Proposal. The straw proposal provides recommendations for key structural policy questions, design principles, and near-term steps towards a fundamentally new retail marketplace for electricity—one in which distributed energy resources (DERs) compete on a level playing field with traditional grid investments and where innovation will be unleashed to empower customers and creative entrepreneurs.
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