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New York Power Authority (NYPA)

company

The New York Power Authority (NYPA) is the largest state public power organization in the United States, providing low-cost electricity to government agencies, municipalities, and businesses in New York State. Its core strategy involves modernizing the state's energy infrastructure, advancing clean energy initiatives, and promoting energy efficiency and electrification to support New York's decarbonization goals.

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Founded 1931 2,500 employees
Public Power UtilityOperatorDeveloperOfftakerGovernment

Strategic Overview

  • Committed to achieving New York State's Climate Leadership and Community Protection Act (CLCPA) goals, including 70% renewable electricity by 2030 and a zero-emission grid by 2040.
  • Focus on modernizing and strengthening the state's transmission infrastructure to integrate more renewable energy and enhance grid resilience.
  • Driving energy efficiency and electrification initiatives for public buildings, state facilities, and communities across New York.

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Key People

Justin E. Driscoll
President and CEO
Adam Barsky
Executive Vice President and Chief Financial Officer
Marissa Lago
Executive Vice President and Chief Strategy Officer

Track Record

5,200
MW Total
93
Years Active
Notable projects: Niagara Power Project, St. Lawrence-Franklin D. Roosevelt Power Project, Smart Path Transmission Project

Detailed Analysis

Sectors
UtilitiesEnergy Transition
Technologies
HydropowerTransmissionSolar PVBattery StorageEnergy EfficiencyEV ChargingNatural Gas
Geographies
United States
Deal Stage
OperatingGreenfieldBrownfield

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