New York State Seeks New Energy Market

New York State will be the first in the nation to totally change its electric power market to become greener, more efficient and resilient. Gregg C. Sayre, a member of the New York State Public Service Commission, shared this and more at The Energy Times Executive Briefing in Washington on March 19, a new event launched by Penton’s Energy & Buildings division. The event brought utility executives and industry thought leaders together to outline the electric utility revolution.

The objective, Sayre said, is “a complete restructuring of the utility distribution market, top to bottom. Nobody has done it before.”

“One goal will be to spark widespread deployment and adoption of distributed generation. The state has already identified 100,000 people in the state who are off the grid – a finding that startled regulators,” Sayre added.

Sayre joined Ralph Izzo, CEO of PSEG, the largest utility in New Jersey, Karen Lefkowitz, Pepco Holdings vice president of business transformation, and other prominent speakers who addressed 75 industry attendees.

“We look forward to presenting the valuable insights of event speakers to energy executives, regulators, policy makers, and building owners and investors in through content in The Energy Times newsletter and during the July webcast,” said Marty Rosenberg, director of content for The Energy Times.

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