The Clean Energy Fund reinforces New York's commitment to accelerate the growth of the clean energy economy. It provides long term funding certainty to local businesses and significant flexibility to the administrators of the State's clean energy programs. The Clean Energy Fund is just one component of the Commission's strategy to bridge the transition from the current portfolio of clean energy programs to the new Reforming the energy Vision (REV) market and required regulatory framework.
The fund operates four major portfolios:
- Innovation and Research: As New York State moves to a cleaner, more efficient, and more widely distributed energy system, the Clean Energy Fund will help spur innovations through research and technology development that will drive clean-tech business growth and job creation while providing more energy choices to residential and business customers. Information on Innovation and Research can be found in Case Number 14-M-0094 additional information related to the Clean Energy Fund Investment Plan can be found in Matter 16-00681.