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New York throws $5 billion at clean energy, includes nukes in RPS proceeding
Buried in an announcement of aggressive funding for clean energy, New York regulators have said that they will include nuclear power in the state’s new renewable energy mandate.
The Administration of New York Governor Andrew Cuomo has made a number of very aggressive moves towards renewable energy, including announcing one of the nation’s most ambitious renewable energy mandates, indefinitely extending net metering, supporting SolarCity and 1366 Technologies in locating manufacturing in the state, and embarking on a bold program to restructure the distribution grid.
Yesterday the administration continued on that path by announcing $5 billion in new funding over the next 10 years through the new Clean Energy Fund, including $2.7 billion for “market development" and nearly $1 billion for the NY-Sun program. However, buried in the press statement was also wording which indicates that the state’s new 50% by 2030 renewable portfolio standard will be transformed into a “Clean Energy Standard” (CES), and will include support for nuclear energy.
This is not the first mention of nuclear energy in relation to the 50% by 2030 goal. Previous statements by the Cuomo Administration had indicated that there would be a separate support mechanism for upstate nuclear power plants. However, the language in a ruling by the New York Public Service Commission (NYPSC) referenced in the press statement takes this a step further.
http://www.pv-magazine.com/news/details/beitrag/new-york-throws-5-billion-at-clean-energy--includes-nukes-in-rps-proceeding_100022917
The Administration of New York Governor Andrew Cuomo has made a number of very aggressive moves towards renewable energy, including announcing one of the nation’s most ambitious renewable energy mandates, indefinitely extending net metering, supporting SolarCity and 1366 Technologies in locating manufacturing in the state, and embarking on a bold program to restructure the distribution grid.
Yesterday the administration continued on that path by announcing $5 billion in new funding over the next 10 years through the new Clean Energy Fund, including $2.7 billion for “market development" and nearly $1 billion for the NY-Sun program. However, buried in the press statement was also wording which indicates that the state’s new 50% by 2030 renewable portfolio standard will be transformed into a “Clean Energy Standard” (CES), and will include support for nuclear energy.
This is not the first mention of nuclear energy in relation to the 50% by 2030 goal. Previous statements by the Cuomo Administration had indicated that there would be a separate support mechanism for upstate nuclear power plants. However, the language in a ruling by the New York Public Service Commission (NYPSC) referenced in the press statement takes this a step further.
http://www.pv-magazine.com/news/details/beitrag/new-york-throws-5-billion-at-clean-energy--includes-nukes-in-rps-proceeding_100022917
