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Zmags
Strategic Vision 2014-2019
From the President and CEO
The electric power industry stands on the brink of transformational,
perhaps revolutionary, change.
For much of its history, the industry has been based on a fundamental
operating model: electricity, produced at large central power plants,
is carried by long-distance transmission lines and local distribution lines
to residential and business customers. But now, thanks to advances
in technology and cost reductions in small-scale, clean generation, we
are able to boldly reimagine the power system to meet the needs of an
environmentally sustainable, energy-driven economy of the 21st century.
The new, integrated system will combine the traditional elements with
innovative features such as microgrids serving individual communities,
clean distributed power sources at or near customer locations and
sophisticated Smart Grid devices. Thi
Strategic Vision 2014-2019
From the President and CEO The electric power ind
challenges, at times taking on assignments that o
1 Summary The energy industry is in the early
The New York Power Authority (NYPA), with its str
Energy Highway The Energy Highway Initiative
Customer Empowerment Customers are becoming incr
The Role of Sustainability The world is be
Initiative 3: Smart Generation and Transmission
Sustainability at NYPA This Strategic Visi
Resource Alignment The two prior themes focus on
2 Vision In recent years, there has been steady
‘ As we move aggressively towards meeting
generation that can be brought online rapidly and
‘ Transmission upgrades benefit the entir
‘ Most manufacturers want local ’ gener
Local Generation Sense and control mechanisms wi
3 Trends in the Current NY Energy Market
Our findings reaffirmed the expectation that the
on the traditional electric power infrastructure
energy. Whether our customers want to reduce cost
upgrading our assets, we will also be presented w
Developments in New York State Energy Plan Durin
4 The Role NYPA Will Play in Delivering the Visi
Mission NYPA’s mission has evolved significantly
Our History of Sustainability The New York
We believe our vision statement is inspirational
5 Exploring the Strategic Themes 26 The em
Customer Empowerment Overview How can we help o
Sustainability in our Themes Each of our Stra
By further developing our valued relationships wi
Infrastructure Modernization Overview What is t
and practices permit an organization to manage it
Initiative 3: Smart Generation and Transmission
n Enhanced system reliability due to reduced pow
n Create a business process excellence function t
performing organization. The two initiatives are
Benefits We anticipate that the three Resource A
Strategic Theme Strategic Initiative
6 Measuring Success We plan to measure success
Financial Effectiveness: This goal is defined as
Measuring Sustainability Efforts NYPA is e
Conclusion There is no question that the energy
123 Main Street White Plains, NY 10601 www.nypa.