S T A T E O F N E W Y O R K
________________________________________________________________________
7526
I N S E N A T E
May 15, 2014
___________
Introduced by Sen. PARKER -- read twice and ordered printed, and when
printed to be committed to the Committee on Energy and Telecommuni-
cations
AN ACT to amend the public service law, in relation to enacting the "New
York Renewable Portfolio Standard Act of 2014"
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. This act shall be known and may be cited as the "New York
Renewable Portfolio Standard Act of 2014".
S 2. Legislative intent and findings. The renewable portfolio standard
(RPS) has been New York's primary policy initiative to promote the
development of new renewable energy resources since it was established
in 2004. The 2002 state energy plan warned of the possible consequences
of New York's fossil fuel dependency, noting that the state's primary
sources of energy have significant long-term environmental effects and
ultimately face depletion. In establishing the renewable portfolio stan-
dard, the public service commission recognized these concerns, among
others, and stated they were concerned with the effects on our climate
of fossil-fired generation and the security implications of importing
from out of state much of the fuel needed to supply New York's electric-
ity needs.
S 3. Section 5 of the public service law is amended by adding a new
subdivision 7 to read as follows:
7. A. FOR THE PURPOSE OF THIS SUBDIVISION THE TERM "RENEWABLE PORTFO-
LIO STANDARD" MEANS THE RENEWABLE ENERGY POLICY ESTABLISHED BY THE
DEPARTMENT.
B. THE RENEWABLE PORTFOLIO STANDARD FOR THE STATE SHALL INCLUDE A GOAL
FOR RENEWABLE RESOURCES OF 37.5 PERCENT BY THE YEAR TWO THOUSAND TWENTY
OF NEW YORK'S PROJECTED TOTAL ELECTRICAL ENERGY LOAD.
C. THE RENEWABLE PORTFOLIO STANDARD FOR THE STATE SHALL INCLUDE A GOAL
FOR RENEWABLE RESOURCES OF FIFTY PERCENT BY THE YEAR TWO THOUSAND THIRTY
OF NEW YORK'S PROJECTED TOTAL ELECTRICAL ENERGY LOAD.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD13091-01-3
S. 7526 2
D. THE RENEWABLE PORTFOLIO STANDARD FOR THE STATE SHALL INCLUDE A GOAL
FOR RENEWABLE RESOURCES OF EIGHTY PERCENT BY THE YEAR TWO THOUSAND FIFTY
OF NEW YORK'S PROJECTED TOTAL ELECTRICAL ENERGY LOAD.
E. THE PUBLIC SERVICE COMMISSION SHALL PURSUE POLICIES AND TARGETS
CONSISTENT WITH THE RENEWABLE PORTFOLIO STANDARD GOALS SET FORTH IN THIS
CHAPTER.
S 4. This act shall take effect immediately.