Buyer's Guide 2024

Clean Energy Standard

Solar & Battery Regulation & Incentive Programs

Program Overview

Category
Regulatory Policy
Program Type
Renewables Portfolio Standard
Implementing Sector
State
State
New York
Eligible Storage Technologies
Solar Photovoltaics, Wind (All), Biomass, Fuel Cells using Non-Renewable Fuels, Tidal, Hydroelectric (Small), Anaerobic Digestion, Fuel Cells using Renewable Fuels
Standard
50% by 2030 under CES
70% by 2030 under CLCPA (100% zero-emission by 2040)
Technology Minimum
Tier 1 New Resources that came into operation after January 1 2015
Tier 2: Existing Resources
ZEC: Existing qualifying nuclear facilities
Tier 4: New resources serving NYC
Compliance Multipliers
None
REC Lifetime
Not specified. LSE cannot borrow RECs. More details available in subsequent implementation orders.
Credit Trading/Tracking System
New York Generation Attribute Tracking System (NYGATS)
Alternative Compliance Payment
For 2018, ACP price is set at $18.71/MWh
Administrator
New York Public Service Commission
Applicable Sectors
Investor-Owned Utility, Municipal Utilities, Cooperative Utilities, Retail Supplier
Start Date
08/01/2016
End Date
12/31/2030
Last Updated
06/29/2021

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