Offshore Wind Program

NY-ADR

8/1/18 N.Y. St. Reg. PSC-14-18-00007-A
NEW YORK STATE REGISTER
VOLUME XL, ISSUE 31
August 01, 2018
RULE MAKING ACTIVITIES
PUBLIC SERVICE COMMISSION
NOTICE OF ADOPTION
 
I.D No. PSC-14-18-00007-A
Filing Date. Jul. 12, 2018
Effective Date. Jul. 12, 2018
Offshore Wind Program
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
Action taken:
On 7/12/18, the PSC adopted an order establishing an Offshore Wind Standard and framework for Phase 1 procurement.
Statutory authority:
Public Service Law, sections 5(2), 65(1), 66(1), (2), (3), (4), (5) and (12)
Subject:
Offshore Wind program.
Purpose:
To establish an Offshore Wind Standard and framework for Phase 1 procurement.
Substance of final rule:
The Commission, on July 12, 2018, adopted an order establishing an Offshore Wind Standard and framework for Phase 1 procurement. The goal of procuring Offshore Wind Renewable Energy Certificates (ORECs) associated with 2.4 GW of offshore wind capacity by 2030, in furtherance of the Renewable Energy Standard, is adopted. Phase 1 of the offshore procurement program shall consist of procuring ORECs associated with approximately 800 MW of offshore wind, to be procured via solicitations tendered in 2018 and 2019, pursuant to the procurement methods and criteria discussed in the body of this order. Every Load Serving Entity (LSE) in New York State shall invest in new offshore renewable generation resources to serve their retail customers, as described in the body of this order and evidenced by the procurement from the New York State Energy Research and Development Authority (NYSERDA) of qualifying ORECs, acquired in quantities that satisfy mandatory minimum percentage proportions of the total load served by the LSE for the applicable calendar year. All LSEs are directed to provide NYSERDA with executed copies of standard contract OREC agreements (to be modeled largely on the existing standard ZEC contracts) by March 31, 2019. Central Hudson Gas and Electric Corporation; Consolidated Edison Company of New York, Inc.; Orange and Rockland Utilities, Inc.; Niagara Mohawk Power Corporation d/b/a National Grid; New York State Electric & Gas Corporation; and Rochester Gas and Electric Corporation are directed to make tariff filings designed to implement the provisions set forth in this order, including a financial backstop mechanism, to be effective no later than September 28, 2018, subject to the terms and conditions set forth in the order.
Final rule as compared with last published rule:
No changes.
Text of rule may be obtained from:
John Pitucci, Public Service Commission, Three Empire State Plaza, Albany, New York 12223, (518) 486-2655, email: [email protected] An IRS employer ID no. or social security no. is required from firms or persons to be billed 25 cents per page. Please use tracking number found on last line of notice in requests.
Assessment of Public Comment
An assessment of public comment is not submitted with this notice because the rule is within the definition contained in section 102(2)(a)(ii) of the State Administrative Procedure Act.
(18-E-0071SA1)
End of Document