State launches $300M POWER UP program to boost electrical capacity at industrial sites

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New York Construction Report staff writer

New York has launched a new $300 million initiative to upgrade electrical and transmission infrastructure at industrial sites, aiming to make the state more competitive for advanced manufacturing projects in sectors such as semiconductors, agribusiness and clean technology.

The Promote Opportunity with Electric Readiness for Underdeveloped Properties (POWER UP) program will provide grants to help sites meet the high energy demands of modern manufacturers. The effort marks a shift in New York’s site-readiness strategy by preparing locations in advance rather than waiting for prospective companies to identify gaps.

A webinar for potential applicants is scheduled for Dec. 10 at 10 a.m., with the program’s full application opening immediately afterward. To register, click here.

State officials say the program will help build an inventory of “power-ready” and “shovel-ready” industrial sites that can significantly shorten development timelines for companies looking to expand or relocate operations. By upgrading electrical capacity ahead of time, POWER UP aims to strengthen New York’s efforts to reshore manufacturing and attract long-term investment.

POWER UP builds on the state’s FAST NY program, which has previously awarded more than $283 million to prepare 34 sites across Upstate New York. While FAST NY focuses broadly on site preparation, POWER UP targets electrical infrastructure specifically, addressing one of the most costly and time-consuming barriers to industrial development.

The goal is to identify sites with strong development potential and ensure they can support the growing power requirements of advanced industries. DPS will assist with utility planning and coordination, including opportunities to integrate clean energy resources.

Eligible entities, including industrial development agencies, municipalities, local development corporations, municipally designated economic development organizations and utilities may begin by submitting a Letter of Intent. Sites must comprise at least 40 contiguous developable acres and show progress on preliminary engineering, feasibility work and utility engagement.

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