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NYECA Filed Post Tech Conference Comments
In the New York Public Service Commission’ proceeding now focusing on implementing a new Clean Energy Standard (CES) NYECA filed comments.
NYECA Post Tech Conference Comments – The NYECA post technical comments focused on (1) establishing the need for substantial firm zero-emission capacity; (2) “the conference’s gap discussion was useful in understanding flaws in NYSERDA’s analysis, but it would be a mistake to characterize the task facing New York as one of filling the “gap” between future demand and a hypothetical scenario that maximizes renewable generation”; and (3) the zero-emission technology attributes.
Previously on April 19, 2024, NYPSC issued an order approving the utility trading of renewable energy certificates.
Under this Order:
- the utilities are authorized to sell and transfer banked Tier 1 VDER RECs amongst themselves for the Clean Energy Standard 2023 and 2024 compliance periods;
- NYSERDA is directed to purchase any banked Tier 1 value of distributed energy resources renewable energy certificates remaining at the end of the 2024 Clean Energy Standard compliance year from the utilities identified in Ordering Clause No. 1, retire them in the New York Generation Attribute Tracking System, and to collect the cost of purchasing these Renewable Energy Certificates in future Renewable Energy Standard compliance years starting in 2025,
- the utilities must file a detailed report on the sales and transfers of Tier 1 Value of Distributed Energy Resources Renewable Energy Certificates resulting from the trading within 30 days; and
- the utilities must file tariff amendments implementing the changes discussed in the body of this order, to become effective on 6/1/24.
