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NY S09894

Bill

Status

Introduced

8/23/2024

Primary Sponsor

Daniel Stec

Click for details

Origin

Senate

2023-2024 General Assembly

AI Summary

  • Delays New York's renewable energy target from 70% by 2030 to 2040, and zero-emissions electrical demand target from 2040 to 2050.

  • Delays greenhouse gas emissions limits from 60% of 1990 baseline by 2030 to 2040, and from 15% by 2050 to 2060.

  • Allows temporary suspension or modification of emissions and renewable energy targets if they impede safe/adequate electric service, impair existing agreements, cause service disconnections, or increase utility rates above 5%.

  • Requires the Public Service Commission to conduct and update a comprehensive cost-benefit analysis every four years comparing CLCPA renewable energy targets with other electricity generation methods, including nuclear technology, reliability impacts, and consumer rate effects.

  • Mandates analysis cover land use impacts on tourism and agriculture, energy storage costs, transportation infrastructure costs, natural gas system reliability, and end-of-life disposal of renewable components, with findings reported to state leadership within 30 days of completion.

Legislative Description

Directs the public service commission 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; makes certain changes relating to greenhouse gas emissions limits.

Last Action

REFERRED TO RULES

8/23/2024

Committee Referrals

Rules8/23/2024

Full Bill Text

No bill text available