New York A 4225: Directs the New York state energy research and development authority to conduct a study of the technical and economic feasibility and ratepayer impact of a zero emission electrical system

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A04225 Summary:

BILL NOA04225 

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SAME ASSAME AS S01536

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SPONSORCunningham

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COSPNSRFall

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MLTSPNSR

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Add §1885, Pub Auth L

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Directs the New York state energy research and development authority to conduct a study of the technical and economic feasibility and ratepayer impact of a zero-emission electrical system and a reduction in greenhouse gas emissions.

Go to top A04225 Actions:

BILL NOA04225 

&nbsp

01/31/2025referred to energy

01/07/2026referred to energy

Go to topA04225 Committee&nbspVotes:

Go to topA04225 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topA04225 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 4225

 2025-2026 Regular Sessions

 IN ASSEMBLY

 January 31, 2025
 ___________

 Introduced by M. of A. CUNNINGHAM, FALL -- read once and referred to the
 Committee on Energy

 AN ACT to amend the public authorities law, in relation to directing the
 New York state energy research and development authority to conduct a
 study of the technical and economic feasibility and ratepayer impact
 of a zero-emission electrical system and a reduction in greenhouse gas
 emissions

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. The public authorities law is amended by adding a new
 2 section 1885 to read as follows:
 3 § 1885. Supplemental study on the technical and economic feasibility
 4 of a one hundred percent renewable energy system and a reduction in
 5 greenhouse gas emissions. 1. On or before January first, two thousand
 6 twenty-seven, and every four years thereafter, the authority, in consul-
 7 tation and coordination with the department of public service and the
 8 department of environmental conservation, and the federally designated
 9 electric bulk system operator, shall publish and update a comprehensive
 10 study to determine the technical and economic feasibility and ratepayer
 11 impact of meeting the following goals:
 12 (a) having the statewide electrical demand system be zero-emissions by
 13 the year two thousand forty pursuant to section sixty-six-p of the
 14 public service law and one hundred percent of the electricity consumed
 15 in the state generated by renewable energy resources by the year two
 16 thousand thirty-four, and, alternatively, the year two thousand fifty-
 17 four.
 18 (b) reducing statewide greenhouse gas emissions by a percentage of
 19 nineteen hundred ninety emissions from greenhouse gas emission sources,
 20 pursuant to chapter one hundred six of the laws of two thousand nine-
 21 teen, as follows:

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD04067-01-5

 A. 4225 2

 1 (i) by two thousand thirty: sixty percent of nineteen hundred ninety
 2 emissions; and
 3 (ii) by two thousand fifty: fifteen percent of nineteen hundred ninety
 4 emissions.
 5 2. Such study shall include, at a minimum, an assessment of each of
 6 the following:
 7 (a) the timing, costs, economic impacts, ratepayer impacts and feasi-
 8 bility associated with pathways to meet these goals pursuant to the
 9 final scoping plan adopted by the New York state climate action council
 10 pursuant to chapter one hundred six of the laws of two thousand nine-
 11 teen. In terms of the evaluation of costs, the study shall:
 12 (i) evaluate, using the best available economic models, emission esti-
 13 mation techniques and other scientific methods, the total potential
 14 costs and potential economic and non-economic benefits of meeting these
 15 goals; and
 16 (ii) evaluate the economic impact of meeting the goals on the state's
 17 businesses, jobs, ratepayers and residents assuming:
 18 (A) the renewable and greenhouse gas emissions goals of other states
 19 and regions in the United States are at least fifty percent lower than
 20 New York state's goals;
 21 (B) the renewable and greenhouse gas emissions goals of other states
 22 and regions in the United States are as those in place as of the date of
 23 the study;
 24 (C) the existence of technology in place as of the date of the study.
 25 (b) the technical and cost impact on maintaining electric system reli-
 26 ability, including but