In April 2014, New York’s Public Service Commission initiated the Reforming the Energy Vision (REV) proceeding to drive clean energy innovation, unlock private investment, and deliver electricity more efficiently and affordably.
In the nearly four years since its initiation, NY REV has established several landmark frameworks:
Of late, the focus has shifted from the conceptual to implementation. While the ambitious scale of the REV proceeding is unique to New York, the trends upon which it is building are becoming ubiquitous: greater customer choice, greater penetration of DER, increasingly powerful sensing and communications technology, and stagnant overall load growth. REV addresses these challenges in a comprehensive, no-stone-left-unturned manner.
The REV proceeding is complex with many interlocking pieces impacting all aspects of the utility operating, regulatory, and business models. While other jurisdictions may not opt for the same breadth of regulatory reform as REV, some elements of REV may be adopted a la carte. ScottMadden’s immersion in REV from the beginning offers a perspective of how these pieces fit together and how best to position a utility to adapt to a radically changing regulatory landscape.
ScottMadden has had a front-row seat to REV and has been helping two New York utilities in managing the various REV work streams and respond to myriad regulatory requirements for years. This work has included setting up governance structures for decision making, establishing a project management framework and organization, and facilitating the drafting of each utility’s Distributed System Implementation Plan.
ScottMadden has also helped draft the implementation plans for multiple REV demonstration projects and other non-wires alternative projects. As the industry continues to evolve to incorporate more distributed energy resources, many utilities will be faced with the same challenges New York faces today. If you are looking for assistance planning and executing on distributed energy resources (DER) and REV in New York, ScottMadden can help.
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