Interview with Richard Kauffman: “It’s about availability of financing, not cost of financing.” 0

520-portrait_richard_kauffmanRichard Kauffman is supervising New York’s entire energy portfolio, including the New York State Department of Public Service, the New York Power Authority, the New York State Energy Research and Development Authority (NYSERDA), and the Long Island Power Authority. Under his leadership, New York has launched the Reforming the Energy Vision (REV)(link is external), a far-reaching restructuring of regulations for the energy industry, and committed US-$ 5 billion through 2023 to support local renewable energy and efficiency markets. Not least, he has overlooked the establishment of the New York Green Bank(link is external) and a $1 billion investment in the NY-Sun solar initiative.

S&WE: Governor Cuomo introduced you as New York’s energy czar in January 2013 and since then you seem to be on a mission to fundamentally reform New York State’s energy sector. Originally active in the private sector in finance, what made you switch from Washington overlooking federal energy policies now to the state level?

 

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