NY Announces Aggressive Clean Energy Standard

New York Gov. Andrew M. Cuomo on Monday announced the approval of a mandate to require 50 percent of New York’s electricity to come from renewable energy sources by 2030.

New York’s Clean Energy Standard was approved by the New York State Public Service Commission. The aggressive goals will be phased in over the next several years, with the initial phase requiring utilities and other energy suppliers to phase in renewable sources such as wind and solar power, leading to 26.31 percent of the state’s electricity mix coming from renewables in 2017. By 2021, renewables should account for 30.54 percent of the state’s electricity.

The mandate will add less than $2 per month to the average residential customer’s bill, according to a statement.

“New York has taken bold action to become a national leader in the clean energy economy and is taking concrete, cost-effective steps today to safeguard this state’s environment for decades to come,” Cuomo said in a statement. “This Clean Energy Standard shows you can generate the power necessary for supporting the modern economy while combatting climate change. Make no mistake, this is a very real threat that continues to grow by the day and I urge all other states to join us in this fight for our very future.”

The standard will help the state meet goals to reduce greenhouse gas emissions by 40 percent from 1990 levels by 2030, as well as goals to reduce emissions by 80 percent by 2050.

Briefings

Energy Brief: White House Denies Reports That U.S. Is Rethinking Paris Withdrawal

Three months after President Donald Trump said the United States would withdraw from the Paris climate accord without more favorable terms, the Trump administration is said to be considering remaining in the agreement. National security adviser H.R. McMaster denied that Trump is reconsidering his decision to pull out of the international accord, while noting that the door remains open for a better deal down the road.

Energy Brief: Week in Review & What’s Ahead

National Economic Council Director Gary Cohn will convene a meeting of energy and climate ministers from about a dozen countries on Monday, ahead of the U.N. General Assembly meeting this week, for an informal discussion on how they can “move forward productively” on international climate change negotiations.

Energy Brief: Valero ‘Significantly Underestimated’ Harvey-Related Benzene Leak at Houston Plant

Valero Energy Partners informed the EPA that the company thinks it “significantly underestimated” the amount of chemicals and benzene that leaked after a light crude storage tank’s roof was damaged at its Houston refinery as a result of Hurricane Harvey, according to a state official. Valero initially reported to the state that the spill released seven pounds of benzene, a carcinogenic chemical, into the air.

Energy Brief: Top White House Official to Discuss Climate Change With Ministers From About a Dozen Countries

The White House said National Economic Council Director Gary Cohn will convene a meeting of energy and climate ministers from about a dozen countries next week ahead of the U.N. General Assembly meeting. The event will involve officials from the world’s largest economies for an informal discussion on how they can “move forward productively” on international climate change negotiations.

Load More