Directs the New York State Energy Research and Development Authority to conduct an analysis of the potential impacts of participation in the Regional Greenhouse Gas Initiative by out of state generators and also a cost benefit analysis of all of the programs associated with the program as it currently operates.
STATE OF NEW YORK
________________________________________________________________________
7674
2013-2014 Regular Sessions
IN ASSEMBLY
May 30, 2013
___________
Introduced by M. of A. SIMOTAS -- read once and referred to the Commit-
tee on Energy
AN ACT directing the New York state energy research and development
authority to conduct an analysis of the potential impacts of partic-
ipation in the Regional Greenhouse Gas Initiative by out of state
generators
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. The New York state energy research and development authori-
2 ty shall, within ninety days of the effective date of this act, issue a
3 request for proposals to conduct an analysis of the potential impacts of
4 participation in the Regional Greenhouse Gas Initiative by out of state
5 generators and also a cost benefit analysis of all of the programs asso-
6 ciated with the program as it currently operates. Such analysis shall
7 include but not be limited to the following:
8 1. An analysis of the feasibility and potential impacts, including
9 those on competitive markets and possible methodologies that could be
10 employed to either require out of state generators who export power to
11 the state to participate in the auction associated with the Regional
12 Greenhouse Gas Initiative or impose charges on such power, or utilize
13 other methods to ensure equitable treatment for generators operating
14 inside and outside the state; and
15 2. An examination of the costs associated with the Regional Greenhouse
16 Gas Initiative, including a breakdown in the aggregate of the allowances
17 purchased organized by county of origin, as well as a specific breakdown
18 of the money spent from all of the programs associated with the Regional
19 Greenhouse Gas Initiative, including financial assistance provided and
20 projects constructed in each region since the inception of each program,
21 and a comprehensive analysis of jobs lost and gained as a result of the
22 programs associated with the charges associated with the auction and the
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD10666-01-3
A. 7674 2
1 projects undertaken with such proceeds, and any impacts on competitive
2 markets as well as any direct ratepayer impacts.
3 § 2. The analyses required by this act shall be submitted to the
4 governor, the temporary president of the senate, the speaker of the
5 assembly, the chair of the senate committee on energy and telecommuni-
6 cations and the chair of the assembly energy committee, no later than
7 March 1, 2014.
8 § 3. This act shall take effect immediately.
