IPPNY MISSION

IPPNY President and CEO Gavin J. Donohue said, “Reaching the State’s ambitious goals will require unprecedented levels of investment in the electric system and near-complete electrification of the transportation, residential and commercial sectors. New investment will be needed in renewables, transmission, energy storage, and, most critically, power generation capable of providing reliable and dispatchable electric service during extended periods where the wind does not blow and the sun does not shine. Independent power producers look forward to working with the State to improve upon the existing competitive market structure and develop new mechanisms for attracting such investments.”

The New York State Senate late last night passed the New York State Climate Leadership and Community Protection Act (CLCPA), and the Assembly is poised to act today. This legislation was developed with the support of Governor Andrew M. Cuomo, requiring 70 percent of New York’s electricity to come from renewable energy systems by 2030 and the power sector to be zero-emitting by 2040. Importantly, the legislation allows some flexibility for the New York State Public Service Commission (PSC) to maintain electric system reliability, and it requires a yet-to-be-formed Climate Action Council to consult with the New York Independent System Operator (NYISO), which is the entity tasked with maintaining electric system reliability.

IPPNY opposes A.1261 (Bronson) / S.1947 (Ramos). The bills would increase the costs of developing and maintaining electric generating facilities by vastly expanding the requirement to pay higher cost prevailing wages for construction, and, as a result, raise costs for consumers.

Bryce: Cuomo's war on the power grid Crain's New York Business - July 18, 2019 Cuomo-Con Edison Clash Nothing New Daily Voice - July 19, 2019 Decades After Enron Debacle, Electricity Deregulation Is Back Bloomberg - July 18, 2019