senate Bill S7526

2013-2014 Legislative Session

Enacts the New York Renewable Portfolio Standard Act of 2014

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Archive: Last Bill Status - In Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Assembly Actions - Lowercase
Senate Actions - UPPERCASE
May 15, 2014 referred to energy and telecommunications

S7526 - Bill Details

Current Committee:
Law Section:
Public Service Law
Laws Affected:
Amd ยง5, Pub Serv L

S7526 - Bill Texts

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Enacts the "New York Renewable Portfolio Standard Act of 2014".

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BILL NUMBER:S7526

TITLE OF BILL: An act to amend the public service law, in relation to
enacting the "New York Renewable Portfolio Standard Act of 2014"

PURPOSE:

To deepen the State of New York's commitment to promotion of the
development of new renewable energy generation resources.

SUMMARY OF PROVISIONS:

Section One of the bill is the short title.

Section Two creates the legislative intent.

Section Three provides for codification of the renewable portfolio
standard and establishes specific goals.

Section provides that this act shall take effect immediately.

JUSTIFICATION:

New York's renewable portfolio standard (RPS) is the state's primary
policy tool to promote the development and use of new renewable energy
generation resources. For reasons encompassing the effects of
climate-change driven storm and other extreme weather events upon the
state, and to shore up New York's energy independence, the Public
Service Commission established the RPS in 2004, and subsequent
governors and legislatures have supported the policy and from time to
time, increased the policy's goals.

It has become clear that the state of New York's economy would be
improved by creating a domestic renewable energy manufacturing and/or
research and development industry. One way to do so is by increasing
the state's use of renewable energy and setting a goal reasonably
calculated to send market signals to solar, wind, hydroelectric,
tidal, biomass and other alternative and renewal energy producers and
manufacturers, incentivizing them to locate production facilities in
New York.

LEGISLATIVE HISTORY:

None. This is a new bill.

FISCAL IMPLICATIONS:

None.

EFFECTIVE DATE:

This act shall take effect immediately.

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                    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.

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