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NY A03788
Bill
Status
1/28/2021
Primary Sponsor
Michael Cusick
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AI Summary
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Establishes a renewable hydrogen incentive and financing program administered by the New York State Energy Research and Development Authority (NYSERDA)
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Public Service Commission must adopt the program within one year in consultation with NYSERDA to support eligible renewable hydrogen produced from renewable energy systems within the New York Independent System Operator jurisdiction
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Program shall prioritize eligible curtailed renewable hydrogen (produced when renewable energy output is curtailed) at greater support rates than standard eligible renewable hydrogen
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Program design requirements include diverse project sizes and geographic distribution, competitive procurement mechanisms, production or capacity incentives, consideration of transmission system costs, and annual reporting on program effectiveness
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Hydrogen must be independently verified as delivered to New York State customers to qualify for incentives or financing
Legislative Description
Relates to establishing a renewable hydrogen incentive and financing program to engage stakeholders to design and implement a competitive program for renewable hydrogen production for the purpose of meeting the state's clean energy and greenhouse emissions reductions targets.
Last Action
reported referred to ways and means
5/11/2022