Memorandum in support of A.6114-C (Hevesi) / S.3872-C (Maziarz)

A.6114-C (Hevesi) / S.3872-C (Maziarz) - AN ACT to amend the public authorities law, in relation to requiring the development of a generation attribute tracking system by the New York state energy research and development authority

The Independent Power Producers of New York, Inc. (IPPNY) is a trade association representing companies involved in the development of electric generating facilities, the generation, sale, and marketing of electric power, and the development of natural gas facilities in the State of New York.  IPPNY represents over 75 percent of the electric generating capacity in New York.

IPPNY supports A.6114-C (Hevesi) / S.3872-C (Maziarz).  The legislation would expand the purposes and specific powers of the New York State Energy Research and Development Authority (NYSERDA) to include the development and administration of a generation attribute tracking system.  The bill would allow NYSERDA to perform this function on its own, or through a qualified entity, and in consultation with the New York State Department of Public Service (DPS).  Under the measure, NYSERDA also would ensure the exchange of information among New York State’s generation attribute tracking system and that of other states.  
The DPS Staff’s Renewable Portfolio Standard Mid-Course Report indicated that New York State should continue its efforts to develop a more automated and certificate based tracking system.  According to the Unites States Environmental Protection Agency, New York is the only state that has not developed a certificate tracking system.  A tracking system issues a uniquely numbered certificate for each megawatt-hour of electricity produced by a generation facility registered in the system, tracks the ownership of certificates as they are traded, and retires the certificates once they are used or claims are made based on their attributes or characteristics.

IPPNY supports the creation of a comprehensive generation tracking and verification system.  A tracking system, similar to the New England Power Pool Generator Information System (GIS), the PJM Generator Attributes Tracking System (GATS), or the Midwest Independent System Operator’s (MISO) Renewable Energy Tracking System (M-RETS), will allow an unbundled attribute market to develop, while not inhibiting traditional bilateral contracts.  New York should develop a system that is compatible with the New England GIS, PJM-GATS and M-RETS.  

For the reasons stated above, IPPNY supports A.6114-C (Hevesi) / S.3872-C (Maziarz).

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