Con Edison Projects Would Make Region's Ride to Electric

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
236
Con Edison Projects Would Make Region's Ride to Electric Vehicles Smoother

NEW YORK, NY --(Marketwired - April 20, 2017) - Con Edison is looking for innovation partners to make it easier for New Yorkers to switch to electric vehicles, which are becoming an increasingly good value as technology improves.

The energy company is proposing to invest up to $25 million on demonstration projects that would test strategies for increasing the number of electric vehicles (EVs) in the region by making charging convenient and practical.

"We expect to see many more electric vehicles on the streets the next few years," said Craig S. Ivey, president of Con Edison. "We think we have a big role to play in making this change smooth for drivers and our customers who rely on us for reliable, affordable power. Count us in for sharing the unique expertise we have as the energy provider in New York City and Westchester County."

Con Edison wants to place at least 100 publicly available electric vehicle charging stations on the streets of New York and 500 chargers in customers' homes in test programs.

The company is also seeking to deploy publicly available fast chargers that can charge a car in approximately 30 minutes or less. Additional quick charging could speed up the electrification of taxis, passenger cars and delivery vehicles.

Con Edison today put out a call for partners willing to work on these and other projects. (Read the company's Request for Information .)

Con Edison supports the move toward electric vehicles as an environmental and economic boost for Greater New York. The company believes that wisely managing the charging of EVs can minimize the need for expensive upgrades to its infrastructure, costs borne by customers.

For the curbside chargers, the company is seeking partners who have ideas as to how to deploy 208-volt chargers in New York City's unique environment. These chargers would be the first on the city's streets and begin to serve the many New Yorkers who do not have dedicated parking.

The goal of a home charging project would be to determine whether it is possible to incent drivers to charge at times when the demand for power is not at its highest.

In a project for fast charging, Con Edison would consider many options, including owning the charging lot and leasing space to the charging companies.

The Request for Information includes other suggestions for projects:

  • Planning vehicle charging networks. Con Edison is looking for a partner with expertise in projecting demand for charging and choosing the right locations for drivers and the electrical grid.
  • Charging city buses. The Metropolitan Transportation Authority is planning trials of electric buses. Con Edison is interested in smart technology that manages charger use to determine which buses to charge and when. The company wants to learn whether it and the MTA can manage the charging so as to minimize new grid investment.
  • Charging school buses. Bus operators would get electric buses at reduced prices and turn them over to Con Edison to use as grid batteries during the summer months.

Con Edison is coordinating with the City of New York through the Department of Transportation, the Department of Citywide Administrative Services, and the Mayor's Office of Sustainability.

"Avoiding the worst impacts of climate change requires a transformation in energy use across sectors," said Daniel Zarrilli, senior director for Climate Policy & Programs and Chief Resilience Officer for the Mayor's Office. "Today's announcement demonstrates the shared commitment of Con Edison and the City to reducing our carbon footprint from vehicles, and puts us farther along on the path to creating a more just, resilient, and sustainable city."

"Expanding access to charging stations is a key strategy to increasing the number of electric vehicles in New York City and meeting Mayor de Blasio's goal of reducing our greenhouse gas emissions 80 percent by 2050," said city Transportation Commissioner Polly Trottenberg. "NYC DOT is excited to partner with Con Edison to explore new EV-charging strategies, including on-street EV chargers."

Con Edison is a subsidiary of Consolidated Edison, Inc. ( NYSE : ED ), one of the nation's largest investor-owned energy companies, with approximately $12 billion in annual revenues and $48 billion in assets. The utility delivers electricity, natural gas and steam to 3.4 million customers in New York City and Westchester County, N.Y.

CONNECT WITH US:

Facebook: https://www.facebook.com/ConEdison Twitter: https://twitter.com/conedison YouTube: http://www.youtube.com/conedisonny

Image Available: http://www.marketwire.com/library/MwGo/2017/4...db62f8.jpg

Contact: Media Relations 212-460-4111

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Tenera Care's Tech Triumph: Halving Falls with Simplicity

Updated Category News Views 4

Every once in a while, a piece of tech comes along that makes you sit up and say, ‘Now that’s a game-changer!’ And with the recent rave reviews, Tenera Care seems to hit just that sweet spot for folks in the senior living game. By handing Dublin Glenn Memory Care the gold in the KISS category at the 2026 McKnight's Technology Awards, it’s clear the industry is...

Continue Reading
Lavior and CR Fitness Team for Wellness Reach

Updated Category News Views 1

Botanical Care Meets Gym Life in the Southeast Lavior, the botanical whiz kids of wound and skin care out of Miami, are shaking hands with CR Fitness, Crunch's big-time franchise operator carrying the flag across the Southeast. They’ve ironed out a deal that’ll park Lavior’s products in more than 60 gyms covering Florida, Georgia, North Carolina, and Texas. It’s a...

Continue Reading
U.N. Leaders Converge at NYSE, Forus Soars to $3B Valuation

Updated Category News Views 1

A Busy Morning at the NYSE with Key Guests and Global Events In a world where high-stakes diplomacy and roaring market bells go hand in hand, today brings the U.S. Secretary of State, Marco Rubio, to the New York Stock Exchange. With the 81st Session of the United Nations General Assembly shaking up the Big Apple, the city finds itself at the intersection of politics and...

Continue Reading
HNTB Expands in Capital Region: A Strategic Move

Updated Category News Views 1

Breaking New Ground in Arlington and Baltimore Deepening their stake in the Capital Region's future, HNTB has thrown open new office doors in Arlington, Virginia, and Baltimore, Maryland. We're not just talking fancy buildings, folks—this is about securing a piece of the infrastructure pie that's only going to get bigger and tastier. Infrastructure's the backbone of...

Continue Reading
Molex's VersaBeam Mini Pushes AI Data Center Limits

Updated Category News Views 2

Game-Changer for AI Data Centers? Across the tech landscape, space is a premium, and Molex's new VersaBeam Mini arrives like a hail Mary in the fourth quarter. In AI data centers, squeezing down every single component counts—especially when optical density's in play. What we're seeing here is a potential paradigm shift. A 3x density improvement from a tiny 3.5 x 9 mm...

Continue Reading
Spencer Peterman Hosts Eco-Friendly Wood Bowl Sale

Updated Category News Views 3

Just when you think you've seen it all in the world of craftsmanship, along comes a dynamo like Spencer Peterman. For over 25 years, he's been turning what others discard into treasures. Fallen trees? Most folks see firewood. Spencer sees a future masterpiece. And now, he’s rolling out the welcome mat for his loyal customers with a special sale that runs until December...

Continue Reading
Castillo Engineering Gears Up with New VP Appointments

Updated Category News Views 1

New Leadership to Drive Expansion In a boost to its commitment to scaling up, Castillo Engineering, based in Maitland, Florida, has roped in two veterans from the renewables sector as vice presidents. Aaron Carrillo and Devin Radovich, who share a history of successful collaboration at Renewable Energy Systems Americas (RES), are set to guide Castillo's growth in the...

Continue Reading
Nature-Based Solutions: The Economic And Community Impact

Updated Category News Views 5

Harnessing Nature to Boost Economies You ever stop to think about how nature itself might just be the best investment? Well, the Walton Family Foundation surely does, betting big on nature-based solutions. Their latest initiative, 'Human Nature,' is shedding light on how these solutions aren't just saving ecosystems — they're fortifying economies and enriching...

Continue Reading
Navigating AI's New Era: Dresner's 2026 Findings

Updated Category News Views 3

Big Insights in the AI World of 2026 Well folks, if there's one thing making waves in the boardrooms this year, it's AI. Dresner Advisory Services just threw down a gauntlet for companies with their fresh batch of reports focused on the dizzying world of AI. They ripped right into it, exploring how firms can bag a heap of benefits and deal with the hurdles that come with...

Continue Reading
Annex Brands Grows with Bastrop's PostalAnnex Opening

Updated Category News Views 1

New PostalAnnex Location Opens in Bastrop, TX Here's a fresh chapter in the books for Annex Brands, Inc. They've just cut the ribbon on a brand spanking new PostalAnnex in Bastrop, Texas, handing the reins over to eager fresh faces, Chetan Modi and Karan Desai. And you know what? This ain't just any regular location. It's a one-stop-shop for anything you could need, from...

Continue Reading

Top 5 Most Recently Viewed Articles

Sweet Briar College Farm Winery Celebrates Major Achievement

Updated Category News Views 331

Sweet Briar College Farm Winery Celebrates Remarkable Success Historic achievements for college's first entries in a reputable wine competition Sweet Briar College Farm Winery is rapidly gaining recognition in the Virginia wine landscape. After bottling its inaugural vintage sourced from the recent harvest, the winery made its debut in a notable statewide wine...

Continue Reading
Enhancing Renewable Energy with HPE's Advanced AI Solutions

Updated Category News Views 71

HPE Partners with RWE for Renewable Energy Innovations Hewlett Packard Enterprise Company (NYSE: HPE) has announced a groundbreaking contract with RWE AG (OTC: RWEOY), a leader in renewable energy, to revolutionize weather data analysis using advanced AI technologies. AI-Driven Weather Modeling RWE will leverage HPE's Private Cloud AI, which integrates cutting-edge NVIDIA...

Continue Reading
Datavault AI Revolutionizes Sports with Tokenized Dream Bowl

Updated Category News Views 394

Datavault AI Partners with Cutting Edge Sports Management and FN Esports Datavault AI Inc. (NASDAQ: DVLT) is making headlines with its recent strategic partnerships with Cutting Edge Sports Management and FN Esports. These collaborations are set to enhance the integration of AI-driven data visualization and monetization into the sports and entertainment industries. By...

Continue Reading
Diversified Royalty Corp. Boosts Cash Dividend for Shareholders

Updated Category News Views 158

Positive Financial Update from Diversified Royalty Corp. Diversified Royalty Corp. (TSX: DIV and DIV.DB.A) has taken an encouraging step forward by increasing its annual dividend from 25.0 cents to 27.5 cents per share. Starting July 1, the corporation's decision signals a positive trend in their financial health and dedication to shareholders. The company also confirmed...

Continue Reading
Johnson & Johnson's IMAAVY: A New Chapter in gMG Care

Updated Category News Views 33

IMAAVY's Promising Role in Generalized Myasthenia Gravis Johnson & Johnson's latest presentations at the European Academy of Neurology (EAN) 2026 Congress have put the spotlight on IMAAVY® (nipocalimab-aahu). This immunoselective therapy could be shaking things up in the treatment of generalized myasthenia gravis (gMG). With new data from the Phase 3 Vivacity-MG3 study,...

Continue Reading