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NY A07524
Bill
Status
5/13/2021
Primary Sponsor
Philip Palmesano
Click for details
AI Summary
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Public Service Commission must conduct a comprehensive cost-benefit analysis of renewable energy systems' feasibility to meet Climate Leadership and Community Protection Act (CLCPA) targets within 9 months and update every 4 years thereafter.
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Study must assess impacts on electricity rates, consumer bills, infrastructure costs, energy storage requirements, reliability of electric and natural gas systems, and transition costs for heating/cooling systems powered by renewable energy.
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Analysis shall examine nuclear reactor technology's potential role in New York's energy portfolio, end-of-life disposal costs for renewable components, land use implications affecting tourism and agriculture, and impacts on natural gas-dependent industries and manufacturers.
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Commission must contract with an independent, competitively-selected consultant and consult with academic institutions, utility companies, trade organizations, and environmental justice groups to complete the study.
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Upon completion, the commission shall submit findings and recommendations to the governor, legislature, and relevant committee chairs within 30 days, with authority to promulgate rules within 90 days to implement recommended actions.
Legislative Description
Directs the public service commission in consultation with NYSERDA to conduct a full cost benefit analysis of the technical and economic feasibility of renewable energy systems in the state of New York and to compare such directly with other methods of electricity generation within nine months after the effective date and every four years thereafter.
Last Action
held for consideration in energy
4/25/2022