The electric power industry stands on the brink of transformational, perhaps revolutionary, change.
For much of its history, the industry has been based on a fundamental operating model: electricity, produced at large central power plants, is carried by long-distance transmission lines and local distribution lines to customers. Thanks to advances in technology and cost reductions in small-scale, clean generation, we can reimagine a more decentralized power system that meets the needs of an environmentally sustainable, energy-driven economy.
The New York Power Authority (NYPA) is the nation’s largest state-owned electric utility and produces more than 20% of New York State’s power. For years, we have been at the forefront of innovative energy, in addition to environmental and economic development initiatives. Today, we’ve released our Strategic Vision, which aims to not only build on our past successes, but also position New York as a leader in forging the new power industry, attracting the businesses and jobs that will provide new energy products and services.
NYPA’s Strategic Vision lays out strategic actions according to the following three themes:
Customer Empowerment: NYPA can help its customers evaluate and implement the available technologies, products and services that can be tailored to their needs and desired outcomes.
Infrastructure Modernization: The transmission grid will have to become more intelligent and flexible in responding to demand variations and extreme weather events.
Resource Alignment: We intend to build on the tremendous skills and experience of our employees to make our workforce as skilled and flexible as possible; improve access to the information and knowledge.
View the New York Power Authority’s Strategic Vision Plan here.
Gil C. Quiniones (@GQEnergy) is the President and Chief Executive Officer of the New York Power Authority. Quiniones has served as Senior Vice President of Energy and Telecommunications for the New York City Economic Development Corporation during the Bloomberg Administration, and worked for Con Edison for 16 years.
