NYSERDA’s REV Connect Wins Utility Dive’s 2018 Project of the Year Award!

NYSERDA’s REV Connect Wins Utility Dive’s 2018 Project of the Year Award!

On December 3, 2018 Utility Dive announced REV Connect as their 2018 Project of the Year Winner, stating: “The program represents a holistic way for utilities to approach problem-solving outside of the rigid formalities of an RFP process. New York’s undertaking prompted other states to follow suit with their own efforts.”

Highlights

Goal:

To help utilities source solutions without the rigid formalities of a request for proposal (RFP) process.

Progress:

Opened at least 16 major proceedings since launching in 2014.

Outlook:

The project’s energy storage Innovation Sprint is expected in the second half of 2019.

“Plenty of states have followed suit, but New York’s REV is a holistic reimagining of energy resources and the business models underpin the sector. While REV aims to bring about wholesale changes, one initiative within it is speeding the development of new resources and solutions while helping remake utility procurement processes.”

REV Connect has been running for about a year now without an end-date, drawing 250 submissions that generated 150 connections between utilities and market participants. NYSERDA says there are currently 11 partnerships in development, and a couple others very close to that stage.

About NYSERDA

NYSERDA, a public benefit corporation, offers objective information and analysis, innovative programs, technical expertise, and funding to help New Yorkers increase energy efficiency, save money, use renewable energy, and reduce reliance on fossil fuels. NYSERDA professionals work to protect the environment and create clean-energy jobs. NYSERDA has been developing partnerships to advance innovative energy solutions in New York State since 1975. To learn more about NYSERDA’s programs and funding opportunities, visit nyserda.ny.gov or follow us on TwitterFacebookYouTube, or Instagram.