Senate Bill S2474A

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  2474--A
 
                        2025-2026 Regular Sessions
 
                             I N  S E N A T E
 
                             January 21, 2025
                                ___________
 
 Introduced  by  Sen.  PARKER -- read twice and ordered printed, and when
   printed to be committed to the Committee on  Energy  and  Telecommuni-
   cations  --  committee  discharged, bill amended, ordered reprinted as
   amended and recommitted to said committee
 
 AN ACT to amend the public authorities law, in relation  to  authorizing
   the New York state energy research and development authority to admin-
   ister  a  program  to provide funds related to enabling clean hydrogen
   projects
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Short  title. This act shall be known and may be cited as
 the "H2 energy scale up act".
   § 2. Section 1854 of the public authorities law is amended by adding a
 new subdivision 27 to read as follows:
   27. (A) TO  ADMINISTER  A  PROGRAM,  USING  FUNDS  PROVIDED  FOR  SUCH
 PURPOSE,  TO PROVIDE GRANTS, LOANS OR OTHER SERVICES, BASED ON STANDARDS
 AND GUIDELINES ESTABLISHED BY THE AUTHORITY, OR ANY OTHER ENTITY AUTHOR-
 IZED BY LAW TO AWARD SUCH FUNDING, FOR THE COSTS RELATED TO  THE  DEMON-
 STRATION  OR  SCALE UP OF THE PRODUCTION, PROCESSING, DELIVERY, STORAGE,
 OR END USE OF CLEAN HYDROGEN.  THE PRIMARY PURPOSE OF SUCH FUNDING SHALL
 BE TO AID THE CONVERSION OR  RETROFITTING  OF  FOSSIL  FUEL  FACILITIES,
 FUNCTIONING AND NONFUNCTIONING, TO IMPROVE THE COMPLETION AND EXPEDITION
 OF GREEN AND PINK HYDROGEN PROJECTS. SUCH STANDARDS AND GUIDELINES SHALL
 INCLUDE,  BUT  NOT  BE LIMITED TO, AN EVALUATION OF (I) THE CLEAN ENERGY
 SUPPLY AND THE BALANCE OF GREEN  HYDROGEN  PROJECTS  AND  PINK  HYDROGEN
 PROJECTS,  (II) WHETHER THE HYDROGEN PROJECT WILL YIELD HOURLY MATCHING,
 AND (III) WHETHER THE DELIVERABILITY OF A PROJECT  SUPPORTS  SUBSTANTIAL
 DEPLOYMENT  OF  CLEAN  ENERGY IN THIS DECADE WHILE BEING EFFICIENTLY AND
 RESPONSIBLY INTERCONNECTED TO THE CURRENT GENERATION  SYSTEMS.  PROJECTS
 SHALL  BE  APPROVED  BY  THE  AUTHORITY  PRIOR TO COMPLETION IN ORDER TO
 RECEIVE THE FUNDS AUTHORIZED BY THIS SUBDIVISION. A PARTICIPATING ENTITY
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD06643-02-5
              

 S. 2474--A                          2
 
 SHALL ONLY CONTINUE TO RECEIVE FUNDING IF IT MEETS  THE  COMPLETION  AND
 EFFECTIVENESS AND EFFICIENCY REQUIREMENTS ESTABLISHED BY THE AUTHORITY.
   (B)  (I) NO LATER THAN DECEMBER THIRTY-FIRST, TWO THOUSAND TWENTY-SIX,
 AND ANNUALLY THEREAFTER, EACH PARTICIPATING ENTITY SHALL REPORT  TO  THE
 AUTHORITY  ON THE COMPLETION OF ITS CLEAN HYDROGEN PROJECT AND THE EFFI-
 CIENCY OF ITS SCALE UP.
   (II) NO LATER THAN APRIL FIRST, TWO THOUSAND TWENTY-SEVEN, AND ANNUAL-
 LY THEREAFTER, THE AUTHORITY SHALL REPORT TO THE GOVERNOR, THE TEMPORARY
 PRESIDENT OF THE SENATE, THE SPEAKER OF THE ASSEMBLY, THE CHAIR  OF  THE
 SENATE  ENERGY  AND  TELECOMMUNICATIONS  COMMITTEE  AND THE CHAIR OF THE
 ASSEMBLY ENERGY COMMITTEE ON THE RESULTS OF SUCH PROGRAM  INCLUDING  THE
 INFORMATION  PROVIDED TO THE AUTHORITY IN SUBPARAGRAPH (I) OF THIS PARA-
 GRAPH, ANY FUNDS DISBURSED, PROJECTS COMPLETED AND THE EFFECTIVENESS AND
 EFFICIENCY OF SUCH PROJECTS.  INFORMATION ON THE EFFECTIVENESS OF  FUND-
 ING  AND  EXPEDITING  EACH  HYDROGEN PROJECT SHALL BE BASED ON YEAR OVER
 YEAR DATA STARTING AFTER  THE  FIRST  FULL  CYCLE  OF  RENEWABLE  ENERGY
 PRODUCTION FROM THE FUNDED HYDROGEN PROJECT.
   (III) THE AUTHORITY SHALL MAKE THE REPORT REQUIRED PURSUANT TO SUBPAR-
 AGRAPH (II) OF THIS PARAGRAPH AVAILABLE TO THE PUBLIC ON ITS WEBSITE.
   (C) FOR THE PURPOSES OF THIS SUBDIVISION:
   (I)  "GREEN  HYDROGEN  PROJECT"  MEANS RENEWABLE HYDROGEN, OBTAINED BY
 ELECTROLYSIS OF WATER. SUCH PROJECTS SHALL BE POWERED ENTIRELY BY RENEW-
 ABLE ENERGY AND GENERATE NO GREENHOUSE GAS  EMISSIONS  INTO  THE  ATMOS-
 PHERE; AND
   (II)  "PINK  HYDROGEN  PROJECT"  MEANS  HYDROGEN  PRODUCED MAINLY FROM
 NUCLEAR POWER AND ELECTROLYSIS, THAT GENERATES GREENHOUSE GAS EMISSIONS.
   § 3. This act shall take effect immediately.