Bill Text: NY S03574 | 2019-2020 | General Assembly | Introduced
Bill Title: Enacts the "New York Renewable Portfolio Standard Act".
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2020-01-08 - REFERRED TO ENERGY AND TELECOMMUNICATIONS [S03574 Detail]
Download: New_York-2019-S03574-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 3574 2019-2020 Regular Sessions IN SENATE February 11, 2019 ___________ Introduced by Sen. PARKER -- read twice and ordered printed, and when printed to be committed to the Committee on Energy and Telecommuni- cations AN ACT to amend the public service law, in relation to enacting the "New York Renewable Portfolio Standard Act of 2019" The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. This act shall be known and may be cited as the "New York 2 Renewable Portfolio Standard Act of 2019". 3 § 2. Legislative intent and findings. The renewable portfolio standard 4 (RPS) has been New York's primary policy initiative to promote the 5 development of new renewable energy resources since it was established 6 in 2004. The 2002 state energy plan warned of the possible consequences 7 of New York's fossil fuel dependency, noting that the state's primary 8 sources of energy have significant long-term environmental effects and 9 ultimately face depletion. In establishing the renewable portfolio stan- 10 dard, the public service commission recognized these concerns, among 11 others, and stated they were concerned with the effects on our climate 12 of fossil-fired generation and the security implications of importing 13 from out of state much of the fuel needed to supply New York's electric- 14 ity needs. 15 § 3. Section 5 of the public service law is amended by adding a new 16 subdivision 7 to read as follows: 17 7. a. For the purpose of this subdivision the term "renewable portfo- 18 lio standard" means the renewable energy policy established by the 19 department. 20 b. The renewable portfolio standard for the state shall include a goal 21 for renewable resources of 37.5 percent by the year two thousand twen- 22 ty-five of New York's projected total electrical energy load. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD09605-01-9S. 3574 2 1 c. The renewable portfolio standard for the state shall include a goal 2 for renewable resources of fifty percent by the year two thousand thir- 3 ty-five of New York's projected total electrical energy load. 4 d. The renewable portfolio standard for the state shall include a goal 5 for renewable resources of eighty percent by the year two thousand 6 fifty-five of New York's projected total electrical energy load. 7 e. The public service commission shall pursue policies and targets 8 consistent with the renewable portfolio standard goals set forth in this 9 chapter. 10 § 4. This act shall take effect immediately.