Articles filed under Energy Policy from New York
State regulators last week shot down efforts by utilities to show ratepayers the amount by which their electric bills are being driven up by New York’s new Clean Energy Standard.
Plus, when the new subsidies are combined with existing federal cash, the amount in subsidies NextEra and Invenergy will be collecting will exceed the prevailing wholesale price of electricity in the state by nearly $13 per megawatt-hour.
More than 100 residents close to the proposed project signed a petition calling for increased setbacks. The project locates turbines about 1,000 feet from any occupied building and 225 feet from the property lines of non-participating landowners.
The shortage stems from the PSC’s arbitrary rules, under which only renewables that came online on or after January 1, 2015 are eligible to generate credits. The PSC had inconsistently included in its estimates of available renewables such sources as rooftop solar panels and other behind-the-meter, “customer-sited tier projects” that actually wouldn’t qualify to sell RECs.
Mr. Engert said during the meeting, the supervisors and their attorneys announced their proposed “coalition of the willing” and its two proposed initiatives to have the state Legislature abolish or revise ...Article 10, which provides for the siting review of new and repowered or modified major electric generating facilities in New York state.
Existing wind farms, hydropower plants and biomass generators want New York to pay them for their contributions to meeting renewable energy targets. If not, they may sell the power they generate to other states or, in the case of wind farms, shut down entirely. ...Theoretically, the price signals sent by New York policymakers would support the company "dismantling the existing wind turbines and selling their respective sites to new generators which could re-erect similar turbines" and get state incentives.
According to PSEG, a new high-voltage transmission line in the Glenwood Landing area would cost ratepayers around $30 million a year. Green-energy plans proposed as part of the bidding request would have cost $22 million to $42 million more each year. In Far Rockaway, the cost differences are even greater.
While nuclear power is left to sink or swim in New England's competitive power market, New York last week approved a clean energy standard that calls for 50 percent renewables by 2030 and financial subsidies to keep three Upstate nuclear power plants in business.
New York just passed one of the nation’s strongest renewable energy policies, but the plan for building out the transmission lines it will need to implement those policies is more uncertain. On Monday, the state Public Service Commission passed the Clean Energy Standard, which mandates that renewables power half of New York’s power grid by 2030, and provides more than $1 billion in subsidies for financially challenged nuclear facilities that would otherwise close.
Richard Kauffman, Gov. Andrew Cuomo's energy czar, fired back at the New York Independent System Operator Wednesday after the state grid manager publicly criticized the state's Clean Energy Standard in a recent filing reported by POLITICO New York. ...Gavin Donohue, president of the Independent Power Producers of New York, which represents power plant owners, says the state should listen to the NYISO's concerns because the NYISO knows better than anyone what potential impact Cuomo's plan could have on the grid.
While NYISO was careful to point out that it supports Cuomo's vision, the North Greenbush-based operation said New York would have to add a large amount of new transmission lines and would have to study more how to manage the added renewable electricity generation, which is naturally intermittent, that would be added to the grid. Transmission upgrades and new transmission lines are expensive to build and even more unpopular with residents who don't like to see the large structures near their neighborhoods.
New York’s chairman of energy and finance will exclude himself from meetings with the world’s largest offshore wind-energy developer about a wind farm off Long Island because of an investment he has in a Goldman Sachs subsidiary that owns a large stake in the company.
With state lawmakers set to leave this month, the nation's strongest climate protection bill was expected to clear the Assembly, but remained without a sponsor in the Senate late Wednesday.
“Such PPAs unnecessarily transfer the risk that certain resources may not be economically viable from private investors and developers to those that are unable to manage and mitigate such risk — consumers,” NYISO officials wrote. “Significantly, the [Department of Public Service] Staff White Paper does not address the reliability concerns that arise when resources are insulated from the financial consequences of their operation.”
To reach Gov. Andrew Cuomo's clean power goals, which call for the state to get half its electricity from clean sources by 2030, utilities will have to ink binding long-term deals to buy power from large wind or solar farms, according to a recent report by the state Public Service Commission.
A coalition of power plant owners and energy groups is opposing utility ownership of large-scale renewable energy projects such as wind farms that would help the state achieve its renewable energy goals.
The state’s energy research authority is proposing to spend $1.5 billion over the next 10 years to spur further development in renewable energy projects, extending a program that began in 2004 through the state’s Renewable Portfolio Standard program.
Anne Reynolds, executive director of the Alliance for Clean Energy New York, an Albany-based trade group, says many companies are getting involved in the process to help shape the state's policies. She said they worry that renewable energy companies could lose business if utilities are put in charge of installing solar panels and other forms of distributed generation. There are also questions about how large-scale wind projects will fit into the new policies.
A recent Public Service Commission (PSC) Order instructed NYSERDA to issue at least one more RPS solicitation in 2015, and double the length of current contract terms to 20 years.
The state Public Service Commission is considering the creation of a new Clean Energy Fund that would replace its Renewable Portfolio Standard, a program begun in 2004 to boost New York's renewable energy production to 30 percent of the state's total generation by 2015.