Jul 22 2014

NY Energy Proposal

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New York’s Goal of 30% by 2015

Back in September 2004 the New York Public Service Commission (PSC) created a renewable portfolio standard (RPS). Essentially, it was designed to set goals for future renewable energy use within the state. Implementation rules were issued in April 2005. Initially the goal was to have a renewable energy target of 25% for state electricity consumption. The PSC later, in January 2010, decided to increase this to 30% by 2015. Of this 30%, 20.7% was planned to be produced from the existing renewable energy resources throughout the state. An additional one percent was expected to be derived from voluntary green power sales by 2015; that is, basically, when renewable facilities designate a certain portion of their output to be sold on the green-power market (DSIRE, 2014).

The remainder of the 30% goal is supposed to be derived from the New York State Energy Research and Development Authority (NYSERDA). NYSERDA is responsible for the state’s future renewable energy sources and is among 24 other state organizations and the District of Columbia to implement portfolio based policies with binding goals. One of the main goals of these policies is to help the renewable energy industry in the U.S. develop a stronger infrastructure. In an ideal world, RPS implementations would not be permanent, but merely a jumping off point in which more companies join the market and help the increase the economic efficiency and sustainability of projects. Realistically, this is not likely to happen for several decades. As it stands, NYSERDA is required to contract for 10.4 million megawatt hours, annually by 2015 (NYSERDA.ny.gov).

niagara1

Hydroelectric power represents the vast majority of renewable energy production in NY, and accounts for about 19 percent of all electricity in the state. Wind power is the closest behind at roughly 2 percent, and is considered to hold the greatest future potential. Governor Andrew Cuomo has pushed for renewable projects throughout the state and has grown solar energy within the state by 300 Megawatts. One of the biggest potential projects for the state is called the Long Island Offshore Wind Farm, which would initially generate 350 megawatts of power, with the possibility of expanding to 700 megawatts (LINYCOWP).

Long_Island_Offshore_Wind_P           first-offshore-wind-turbine-us

A 350 megawatt facility would be able to generate around 1.2 million megawatt hour a year, or enough o power 112,000 homes in the New York City area. The turbines would be located 14 miles south of Long Island and would be 5 megawatts each, with blade span diameters of 110 meters (LINYCOWP) Currently, the permitting process is projected to be completed no earlier than 2017. Initial assessment of costs showed that construction would require $415 million for the 350 megawatt facility and an additional $406 million needed were it to expand to 700 megawatts (Joint Con Edison – LIPA Feasibility Assessment). There have been several demonstrations throughout New York City that have been in support of the Long Island Wind Turbine project and, with the support of its city, New York may have a chance at creating a new trend in renewable energy.

Citations:

DSIRE, March 10, 2014 <http://www.dsireusa.org/incentives/incentive.cfm?Incentive_Code=NY03R>

NYSERDA. NY.gov. <https://www.nyserda.ny.gov/Energy-Data-and-Prices-Planning-and-Policy/Program-Planning/Renewable-Portfolio-Standard/Main-Tier/FAQs.aspx?p=1>

Long Island New York City Offshore Wind Project. <https://www.linycoffshorewind.com>

Joint Con Edison – LIPA. Feasibility Agreement. <http://www.linycoffshorewind.com/PDF/Feasibility%20Study.pdf>

 

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