New York A 5198: Directs a full cost benefit analysis of the technical and economic feasibility of renewable energy systems in the state of New York and to compare such directly with other methods of electricity generation

Bill Text

STATE OF NEW YORK
________________________________________________________________________
5198
2023-2024 Regular Sessions
IN ASSEMBLY
March 3, 2023
___________
Introduced by M. of A. PALMESANO, BARCLAY, TAGUE, ANGELINO, BLANKENBUSH,
BRABENEC, K. BROWN, BYRNES, DeSTEFANO, DURSO, FITZPATRICK, FRIEND,
GALLAHAN, GANDOLFO, J. A. GIGLIO, J. M. GIGLIO, HAWLEY, JENSEN,
LEMONDES, MANKTELOW, McDONOUGH, MIKULIN, MILLER, MORINELLO, NORRIS,
RA, REILLY, SIMPSON, SMITH, SMULLEN, TANNOUSIS, WALSH -- read once and
referred to the Committee on Energy
AN ACT to amend the public service law, in relation to directing the
public service commission to conduct a full cost benefit analysis of
the technical and economic feasibility of renewable energy systems in
the state of New York and to compare such directly with other methods
of electricity generation
The People of the State of New York, represented in Senate and Assem-
bly, do enact as follows:
1 Section 1. The public service law is amended by adding a new section
2 66-u to read as follows:
3 § 66-u. Supplemental study of the costs, benefits, technical and
4 economic feasibility of meeting the New York state climate leadership
5 and community protection act renewable energy targets. 1. Not later than
6 nine months after the effective date of this section, and every four
7 years thereafter, the commission, on behalf of the climate action coun-
8 cil established by section 75-0103 of the environmental conservation
9 law, and in consultation with the president of the New York state energy
10 research and development authority and the presiding officer of the
11 federally designated electric bulk system operator, shall publish and
12 update a comprehensive study to determine the costs, benefits and over-
13 all economic feasibility of meeting the climate leadership and community
14 protection act ("CLCPA") targets for renewable energy systems in New
15 York state.
16 2. Such study shall include a full cost benefit analysis assessing the
17 following, including, but not limited to:
EXPLANATION--Matter in (underscored) is new; matter in bracketsitalics
[ ] is old law to be omitted.
LBD06239-01-3

A. 5198 2
1 (a) The current state of technology in place for electric generation
2 as of the date of the study, as well as new and emerging generation
3 methods;
4 (b) The impact of CLCPA renewable energy target compliance on elec-
5 tricity wholesale prices, delivery rates and total bills that energy
6 consumers in this state will pay, including indirect energy costs. This
7 analysis would include the impacts of subsidies to site land-based and
8 offshore renewable energy projects, the build-out of the electric
9 infrastructure to receive and transmit renewable power, subsidies of
10 energy storage projects, and the addition of new loads associated with
11 deep electrification efforts in the residential, commercial, industrial
12 and transportation sectors. This analysis shall address both short-term
13 and long-term maintenance costs;
14 (c) Direct and indirect costs associated with the transition to heat-
15 ing and cooling provided by heat pumps powered by renewable energy
16 systems;
17 (d) The current civilian state of the art in nuclear reactor technolo-
18 gy and the role such technology could play in the transition to a clean-
19 er, more reliable, and more resilient energy portfolio in New York
20 state;
21 (e) The impact of renewable energy systems on the reliability of the
22 electric system in this state, including but not limited to, voltage
23 sags and how reliability shall be maintained when solar and wind
24 resources are not generating power, and shall also address how reliabil-
25 ity will be maintained if fast-ramping gas-fired generation is phased
26 out;
27 (f) Costs and logistical issues associated with end-of-life disposal
28 of renewable energy system components;
29 (g) Short-term and long-term costs associated with building-out and
30 maintaining adequate energy storage and/or battery capacity for periods
31 when renewable energy systems are intermittent;
32 (h) Direct and indirect transportation costs associated with such
33 matters as charging station infrastructure, a moratorium on gas pipeline
34 construction, and over-the-road transport of goods, such as perishable
35 agricultural products;
36 (i) The impact of CLCPA compliance on natural gas market prices,
37 delivery rates and total bills that energy consumers in this state will
38 pay including but not limited to short-term and long-term maintenance
39 costs;
40 (j) The impact CLCPA compliance has on the reliability of the natural
41 gas system in this state and its ability to support manufacturing proc-
42 esses for which today there are no known replacement fuels. Consider-
43 ation shall be given to the following: the utilization and dependence
44 upon natural gas by manufacturers for process purposes; the utilization
45 and dependence on natural gas service for cooking by the restaurant and
46 food-ser