assembly Bill A8096

2021-2022 Legislative Session

Relates to maintaining the continued viability of the state's existing large-scale, renewable energy resources

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Current Bill Status - In Assembly Committee


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

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Actions

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Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jun 11, 2021 referred to energy

A8096 (ACTIVE) - Details

See Senate Version of this Bill:
S7027
Law Section:
Energy Conservation

A8096 (ACTIVE) - Summary

Relates to maintaining the continued viability of the state's existing large-scale, renewable energy resources; directs the public service commission, in consultation with NYSERDA to modify the Competitive Tier 2 Program adopted by the order modifying the clean energy standard.

A8096 (ACTIVE) - Bill Text download pdf

 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   8096
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                               June 11, 2021
                                ___________
 
 Introduced by M. of A. CUSICK -- read once and referred to the Committee
   on Energy
 
 AN ACT in relation to maintaining the continued viability of the state's
   existing large-scale, renewable energy resources
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section 1. Legislative findings and  intent.  The  legislature  hereby
 finds and determines:
   1. New York is a national leader in developing and implementing policy
 to  promote the development of renewable energy resources, the growth of
 which has significantly benefited the state in numerous ways,  including
 through  reductions  in  pollutants  that  contribute to climate change,
 associated reductions in adverse impacts on public health, and  substan-
 tial job growth in the clean energy sector.
   2.  To  further  promote  and incentivize the development of renewable
 energy, New York state  recently  adopted  the  Climate  Leadership  and
 Community  Protection  Act  (CLCPA), which, among other things, mandates
 that by 2030, 70% of electricity consumed in the state  will  come  from
 renewable  resources,  and 100% of such electricity be renewable by 2040
 (CLCPA targets). In 2019, approximately 27 percent of the state's  elec-
 tric load (representing 41,340 gigawatt hours) was supplied by renewable
 resources  - solar, wind, hydroelectric, biomass, fuel cells and similar
 resources.
   3. However, a recently published triennial review of the clean  energy
 standard  (CES)  found  that  falling  commodity  market revenues in the
 wholesale energy markets create a risk that legacy renewable  generators
 may  not  be able to cover their costs. These facilities have options to
 export to neighboring  renewable  portfolio  standard  (RPS)  compliance
 markets and will do so if the renewable energy certificate (REC) revenue
 opportunity is greater than New York's voluntary market.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD11681-01-1