Powering a New Generation of Community Energy
NY Prize helps communities reduce costs, promote clean energy, and build reliability and resiliency into the electric grid. NY Prize is a part of a statewide endeavor to modernize New York State’s electric grid, spurring innovation and community partnerships with utilities, local governments, and private sector. Our mission is to enable the technological, operational, and business models that will help communities reduce costs, promote clean energy, and build reliability and resiliency into the grid.
What is NY Prize
A first-in-the nation $40 million competition to help communities create microgrids - standalone energy systems that can operate independently in the event of a power outage.
Microgrids are local energy networks that are able to separate from the larger electrical grid during extreme weather events or emergencies, providing power to individual customers and crucial public services such as hospitals, first responders, and water treatment facilities.
Together we can...
- Modernize New York State’s electric grid
- Protect individuals and communities from power outages
- Improve power quality and reliability for existing and future New York businesses
- Enable the State’s transition to a cleaner and more connected energy infrastructure