On December 28, 2022, staff of the New York State Department of Public Service (DPS) and the New York State Energy Research and Development Authority (NYSERDA) released the much-awaited New York’s 6 GW Energy Storage Roadmap: Policy Options for Continued Growth in Energy Storage (Roadmap). This Roadmap builds upon a prior roadmap issued in 2018 and puts forward a comprehensive plan to deploy six gigawatts (GW) of energy storage by 2030 – a goal Governor Kathy Hochul announced in her January 2022 State of the State address,… More
Tag Archives: Renewable Energy
Raab Roundtable: Carbon-free Energy Procurement Strategies
On December 9, 2022, Foley Hoag continued its twenty-year plus commitment in hosting the latest gathering of the Raab Associates New England Electricity Restructuring Roundtable. The Roundtable has been meeting four to six times per year since 1995 to discuss current topics related to revolutionary changes in the electric power industry in Massachusetts and beyond.
Entitled “Transforming Policy, Procurement & Data to Achieve Carbon-Free Electricity in New England,” this Roundtable consisted of two panels,… More
Maine Offshore Wind Roadmap Expected in Early 2023; Here’s Why the OSW Industry Should Take Note
The State of Maine is expected to release the Maine Offshore Wind Roadmap in early 2023, and the global offshore wind industry should be watching. Preliminary details from the state’s roadmap—the focus of this post—clearly indicate that Maine is preparing to seize the significant opportunity presented by the Gulf of Maine offshore wind resource.
Maine’s offshore wind energy potential is ranked seventh in the nation, with more than 411 TWh/yr of offshore resource-generating potential.… More
Electric Buses Are On the Move
On October 26, 2022, the Biden-Harris administration announced the award of nearly $1 Billion from EPA’s Clean School Bus program for 389 school districts nationwide, through a program established in the Infrastructure Investment and Jobs Act. The money will purchase of 2,463 buses, 95% of which will be electric. These awards are the first of the five-year program that will eventually provide $5 billion for the purchase of electric school buses to reduce greenhouse gas emissions,… More
Massachusetts Passes Climate Bill Focused on Clean Energy and Offshore Wind
Governor Baker signed the climate bill (H.5060), titled An Act Driving Clean Energy and Offshore Wind, into law on Thursday August 11, 2022. The act combines and modifies provisions from the House’s proposed offshore wind bill (H.4524) and the Senate’s proposed omnibus climate bill (S.2819). The legislation covers a wide range of policy changes focused on electrifying vehicles and transit, reducing fossil fuel connections in new construction,… More
NYSERDA Previews Sweeping Updates to Forthcoming Large-Scale Renewables REC Solicitation
On July 7, 2022, the New York State Energy Research and Development Authority (NYSERDA) released two detailed Requests for Information (RFI) that preview sweeping updates to its large-scale renewable energy certificate (REC) purchase and sale programs. The changes reflect both NYSERDA’s efforts to keep up with changes in applicable law and fast-evolving market rules and its continuing endeavor to increase the maturity of projects proposed. Turnaround for responses to the RFIs is fast – NYSERDA seeks replies from stakeholders by July 28 at 3 PM.… More
Acquisitions of Renewable Energy Projects Exempt Under HSR Act Could Require 60-Day Waiting Period Under Proposed New York Law
A recent post on Foley Hoag’s State AG blog about New York’s proposed pre-merger notification legislation details the potential new notification requirement, but we wanted to dive a little deeper into the impact the proposed legislation could have on transactions in the energy industry.
Summary of Legislation
If it passes the 21st Century Antitrust Act would create a new premerger notification requirement unlike anything that currently exists in New York and broader than any requirement in any other state.… More
BOEM Announces Upcoming Wind Energy Lease Auction in the New York Bight; New York’s Next Offshore Wind Solicitation to Follow
Today, January 12, 2022, the Bureau of Ocean Energy Management (BOEM) announced that on February 23, 2022 it will hold a wind energy lease auction for six areas in the New York Bight (NY Bight), the coastal area between Long Island and the New Jersey coast. BOEM’s issuance of the Final Sale Notice (FSN) for the wind energy lease areas comes just days after New York State Governor Kathy Hochul announced in her State of the State address that the New York State Energy Research and Development Authority (NYSERDA) will issue its next offshore wind solicitation following BOEM’s lease sale in the NY Bight.… More
New York Climate Action Council Approves Draft Scoping Plan to Achieve the Climate Leadership and Community Protection Act’s Greenhouse Gas Emissions Reductions
On December 20, 2021, the Climate Action Council (“Council”) approved the release for public comment of its draft Scoping Plan, which describes how New York can achieve the requirements of the Climate Leadership and Community Protection Act (“CLCPA” or “Climate Act”): 70% renewable electricity consumption by 2030, 100% zero-emission electricity consumption by 2040, a 40% reduction in statewide greenhouse gas (GHG) emissions by 2030, an 85% reduction in statewide GHG emissions by 2050,… More
New York Public Service Commission Sends Utilities’ Transmission Planning Proposals Back to the Drawing Board
As the Federal Energy Regulatory Commission (“FERC”) solicits comments regarding fundamental changes to its regulation of the country’s electricity transmission systems; as the temperature rises in New York State regarding transmission system upgrades needed to accommodate the enormous required influx of renewable electricity both from offshore wind and from upstate sources to downstate need; and after the Legislature required in the spring of 2020 that the New York State Public Service Commission (PSC) order the state’s regulated utilities to reimagine its transmission system,… More