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New York Power Authority Issuing RFP For The Purchase Of Environmental Attributes from renewable energy projects in orange county

Contact:
Paul DeMichele
914-390-8186
Paul.DeMichele@nypa.gov

January 12, 2010

FOR IMMEDIATE RELEASE

WHITE PLAINS—New York Power Authority (NYPA) President and Chief Executive Officer Richard M. Kessel today announced that the Power Authority is issuing a Request for Proposals (RFP) on behalf of the Port Authority of New York and New Jersey for the purchase of up to 25 megawatts of environmental attributes from newly constructed renewable generation facilities in Orange County. Only projects that are not yet in operation will be considered.

The RFP will work toward advancing Gov. David A. Paterson’s “45 by 15” plan for 45 percent of the state’s electricity needs to be met through improved energy efficiency and clean renewable energy by the year 2015.

“The Power Authority recognizes the importance of supporting Governor Paterson’s ambitious energy goals and contributing to New York State’s distinction as one of the most energy efficient states in the country,” Kessel said. “Acquiring environmental attributes will continue to support the development of renewable energy resources in a smooth transition to a clean energy economy.”

Environmental attributes are environmental, social and economic features of renewable energy that can be sold separately from the energy itself. Renewable energy projects may include solar, wind, landfill gas, waste-to-energy and others.

NYPA is seeking proposals that provide jobs and other economic development contributions, as well as social and environmental benefits to the community in and around the Port Authority’s Stewart Airport facility in Orange County. The Port Authority is a NYPA electricity customer.

The Power Authority will consider renewable energy projects that are compatible with the Port Authority’s Sustainability Policy objectives.

The RFP can be accessed from the NYPA Web Site at: http://www.nypa.gov/ppa/login.aspx

Bidders have until April 19, 2010, to respond to the request.

About NYPA:

■ The New York Power Authority uses no tax money or state credit. It finances its operations through the sale of bonds and revenues earned in large part through sales of electricity. ■ NYPA is a leader in promoting energy efficiency, new energy technologies and electric transportation initiatives. ■ It is the nation's largest state public power organization, with 17 generating facilities in various parts of New York State and more than 1,400 circuit-miles of transmission lines. ■ More than 80 percent of the electricity it produces is clean renewable hydropower.  Its lower-cost power production and electricity purchases support hundreds of thousands of jobs throughout the state. ■For more information, www.nypa.gov.

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