NY A08240

Establishes a clean and resilient energy program requiring development of electricity generating systems located behind customer meters that provide uninterrupted service during extended outages (24+ hours) of the electric distribution system.

Eligible projects must either generate electricity without greenhouse gases or combustion pollutants, achieve at least 55% efficiency via non-combustion processes, or achieve 70% efficiency while reducing nitrogen oxide emissions by 50% compared to regional baseline emission factors.

Projects must be located at community continuity assets (such as hospitals, data centers, gas stations, government agencies, or large retail stores) or within existing or planned microgrids.

Requires the Public Service Commission to allocate at least 5% of annual clean energy fund expenditures to the program from 2021 through 2025, administered by the New York State Energy Research and Development Authority.

Requires the State Energy Research and Development Authority to spend at least $15 million annually from 2021 through 2025 on the initiative through competitive procurements, standing-offers, or production incentives, with annual reporting on program achievements and effectiveness.