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(Looking for an intro to this corner of New York’s climate/energy/utility policy? Check out this webinar policyintegrity.org/news/event/whe… and/or Parts I and II of this article eba-net.org/assets/1/6/9_-….)
A 2018 law directs NJ's Board of Public Utilities to create energy efficiency and peak demand reduction programs that will help ratepayers save money. The law requires those programs to be net-beneficial.
This is a very good thing! By examining how expected changes in temperature, humidity, sea level, and coastal storms will affect Duke’s assets and operations, Duke will identify ways to better ensure reliability and avoid costly damages. Better service, less ratepayer money.
This case is notable in at least 3 respects.
https://twitter.com/AriPeskoe/status/1272639371578085376NERA's petition relies on Ashley Brown's report for its facts. Brown has argued before state commissions for years. You can tell, b/c his report says that *retail rate reform* (which FERC can't do!) is the best solution to what he calls the "perverse effects" of net metering.
https://twitter.com/JMGinNYC/status/1229786843115290627)

Quick context(1/2): New York won’t permit development new gas transmission pipelines, Nat’l Grid issued a (sudden) moratorium on new hookups, Gov Cuomo threatened to yank their franchise, Nat’l Grid relented. https://twitter.com/JMGinNYC/status/1217871245758423040
RPSs require retail utilities to buy a specified fraction of the power they resell to consumers from renewable generators. RECs are the medium of exchange. In NY, renewables get a REC per MWh generated. nyserda.ny.gov/All-Programs/P…
As usual, @m_jfrench has the story that you should start with. politico.com/states/new-yor…
New York passed the Climate Leadership & Community Protection Act in June 2019. The Act entered into effect on 1/1/2020. It says NY will be carbon neutral in 30 years(!). Even before it took effect, NY had rejected fracking and was resisting fossil gas pipeline development.
First, some dates and deadlines. The legislature passed the CLCPA in June 2019, at the very end of the legislative session. The Governor signed it in July (Al Gore was there and signed something too. Not sure what it was or why he signed anything. But he did.) 2/12
https://twitter.com/GovernorTomWolf/status/1179749699173130240To spell that out a bit: Pennsylvania is ranked #3 for coal production, #2 for nat gas production, and #4 for GHG emissions. eia.gov/state/?sid=PA So agreeing to assign a price to fossil fuels is a big political step--hopefully one that presages more in the same direction!