New York Public Service Commission Creates Opportunity for Relief from Expensive “Zero Emissions Compliance” Payments in Cases of Substantial Hardship

New York’s Clean Energy Standard (“CES”) requires, among other things, each Load Serving Entity (“LSE”) to purchase Zero Emission Credits (“ZECs”) from the New York State Energy Research and Development Authority (“NYSERDA”) in proportion to the statewide load served by such LSE in a given compliance year. The ZEC payments, in turn, subsidize the continued operation of nuclear baseload power to assist New York in meeting its ambitious clean energy and environmental goals. Continue Reading Need a Break from Excessive Zero Emissions Compliance Payment Obligations? You Have Options.

On February 22, 2018, the New York Public Service Commission (“PSC”) issued an order (“Expansion Order”) expanding the size cap on projects eligible to receive compensation under the State’s Value of Distributed Energy Resources (“VDER”) tariff from 2MW to 5MW. The VDER tariff is designed to compensate Distributed Energy Resources (“DERs”) based on their actual value to the electric grid, such as proximity to load and ability to create certain system efficiencies. Prior to the Expansion Order, eligible projects were limited to a 2MW size cap, which created artificial inefficiencies. Continue Reading New York Expands Size Cap to 5MW for Eligible Distributed Energy Resources