S3872C-2011 Actions

• Jun 21, 2012: SUBSTITUTED BY A6114C
• Jun 21, 2012: ORDERED TO THIRD READING CAL.1510
• Jun 21, 2012: COMMITTEE DISCHARGED AND COMMITTED TO RULES
• Mar 27, 2012: REPORTED AND COMMITTED TO FINANCE
• Jan 25, 2012: PRINT NUMBER 3872C
• Jan 25, 2012: AMEND AND RECOMMIT TO ENERGY AND TELECOMMUNICATIONS
• Jan 4, 2012: REFERRED TO ENERGY AND TELECOMMUNICATIONS
• Jan 4, 2012: returned to senate
• Jan 4, 2012: died in assembly
• Jun 14, 2011: referred to energy
• Jun 14, 2011: DELIVERED TO ASSEMBLY
• Jun 14, 2011: PASSED SENATE
• Jun 14, 2011: ORDERED TO THIRD READING CAL.1220
• Jun 13, 2011: COMMITTEE DISCHARGED AND COMMITTED TO RULES
• Jun 10, 2011: PRINT NUMBER 3872B
• Jun 10, 2011: AMEND (T) AND RECOMMIT TO FINANCE
• May 10, 2011: REPORTED AND COMMITTED TO FINANCE
• May 3, 2011: PRINT NUMBER 3872A
• May 3, 2011: AMEND AND RECOMMIT TO ENERGY AND TELECOMMUNICATIONS
• May 3, 2011: PRINT NUMBER 3872A
• May 2, 2011: AMEND AND RECOMMIT TO ENERGY AND TELECOMMUNICATIONS
• Mar 8, 2011: REFERRED TO ENERGY AND TELECOMMUNICATIONS

S3872C-2011 Meetings

S3872C-2011 Calendars

S3872C-2011 Votes

S3872C-2011 Memo

BILL NUMBER:S3872

TITLE OF BILL:
An act
to amend the public authorities law, in relation to requiring
the development of a renewable energy
credit certification and tracking system by the New York state energy
research and development authority

PURPOSE:
The purpose of this bill is to prepare a
tracking system for renewable energy credits.  As New York State moves
closer to a market system in which energy is bought and sold through
a credit
mechanism, it is important to track the creation of the energy
generated, as well as when this energy is bought and sold in the
marketplace to ensure the credibility of the renewable energy
credit market.

SUMMARY OF PROVISIONS:
This bill amends section 1854 of the public authorities law by adding a
new subdivision 19.

JUSTIFICATION:
This legislation requires the New York State Energy Research and
Development Agency (NYSERDA) to establish a tracking system for
Renewable Energy Credits (RECs). A REC is defined as the
environmental attributes associated with one mega-watt hour of
qualified renewable energy generation. NYSERDA will be required to
consult with the Department of Public Service staff and the New York
Independent Systems Operator in the development of this tracking
system. As New York, and the country, moves toward a market based
system to stimulate renewable energy generation, New York State must
begin to develop the infrastructure necessary to successfully monitor
the sale and trade of this energy.

LEGISLATIVE HISTORY:
This is a new bill.

FISCAL IMPLICATIONS:
To be determined.

EFFECTIVE DATE:
This act shall take effect immediately.

S3872C-2011 Text

 S T A T E   O F   N E W   Y O R K
 
 3872--C
 2011-2012 Regular Sessions
 I N  SENATE
 March 8, 2011
 
 Introduced  by  Sens.  MAZIARZ,  DUANE, PARKER -- read twice and ordered
 printed, and when printed to be committed to the Committee  on  Energy
 and  Telecommunications -- committee discharged, bill amended, ordered
 reprinted as amended and recommitted to  said  committee  --  reported
 favorably  from  said  committee  and  committed  to  the Committee on
 Finance -- committee discharged, bill amended,  ordered  reprinted  as
 amended  and  recommitted  to  said  committee  --  recommitted to the
 Committee on Energy and Telecommunications in accordance  with  Senate
 Rule  6,  sec.  8  --  committee  discharged,  bill  amended,  ordered
 reprinted as amended and recommitted to said committee
 

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 PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM
 BLY, DO ENACT AS FOLLOWS:

 

Section 1.

Section 1851 of the public authorities law  is  amended  by
 adding a new subdivision 18 to read as follows:

 18.  "GENERATION ATTRIBUTE CERTIFICATES" SHALL MEAN THE ENVIRONMENTAL,
 VINTAGE AND OTHER ATTRIBUTES ASSOCIATED WITH  THE  GENERATION  OF  KILO
 WATT-HOURS AND/OR MEGAWATT-HOURS OF ELECTRICAL ENERGY. GENERATION ATTRI
 BUTE  CERTIFICATES  SHALL  EXIST  AS A COMMODITY SEPARATE AND APART FROM
 KILOWATT-HOURS AND/OR MEGAWATT-HOURS.
 

S 2.

Section 1854 of the public authorities law is amended by adding a
 new subdivision 19 to read as follows:

 19. TO, ON ITS OWN OR THROUGH A QUALIFIED ENTITY,  DIRECTLY  OR  INDI
 RECTLY, AND IN CONSULTATION WITH THE DEPARTMENT OF PUBLIC SERVICE:

 (A) DEVELOP AND ADMINISTER A GENERATION ATTRIBUTE TRACKING SYSTEM THAT
 RECORDS GENERATION ATTRIBUTE INFORMATION WITHIN THE STATE, AND PROCESSES
 GENERATION  ATTRIBUTE  INFORMATION FROM ENERGY OUTSIDE THE STATE THAT IS
 IMPORTED TO AND CONSUMED WITHIN THE  STATE,  AS  A  BASIS  FOR  CREATING
 GENERATION ATTRIBUTE CERTIFICATES;
 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD10062-07-1
 
       S. 3872--C                          2
 (B) ASSIGN INITIAL OWNERSHIP OF GENERATION ATTRIBUTE CERTIFICATES;
 (C)  PROVIDE  FOR THE TRANSFER OR CONVEYANCE, OWNERSHIP AND RETIREMENT
 OF GENERATION ATTRIBUTE CERTIFICATES;
 (D) OBTAIN GENERATION, DELIVERY AND CONSUMPTION INFORMATION FROM INDE
 PENDENT SYSTEM OPERATORS,  GENERATORS,  PUBLIC  UTILITY  COMPANIES,  AND
 RETAIL  LOAD-SERVING ENTITIES PRODUCING, DELIVERING OR SELLING ELECTRIC
 ITY IN THE STATE, INCLUDING, BUT NOT LIMITED TO, "ELECTRIC CORPORATIONS"
 AS DEFINED UNDER SUBDIVISION THIRTEEN  OF  SECTION  TWO  OF  THE  PUBLIC
 SERVICE  LAW, "COOPERATIVES" AS DEFINED UNDER SUBDIVISION (A) OF SECTION
 TWO OF THE RURAL ELECTRIC COOPERATIVE LAW, AND ANY PUBLICLY- OR  MUNICI
 PALLY-OWNED UTILITIES, INCLUDING THE POWER AUTHORITY OF THE STATE OF NEW
 YORK  AND  THE  LONG  ISLAND  POWER  AUTHORITY,  DEEMED NECESSARY BY THE
 AUTHORITY TO VERIFY OR SUPPLEMENT  SUCH  GENERATION  ATTRIBUTE  TRACKING
 SYSTEM;
 (E) FACILITATE PARTICIPATION IN, AND USE OF, SUCH GENERATION ATTRIBUTE
 TRACKING  SYSTEM  BY  BUYERS,  SELLERS  AND  BROKERS WITH RESPECT TO THE
 OWNERSHIP, TRANSFER OR CONVEYANCE, AND RETIREMENT OF  GENERATION  ATTRI
 BUTE CERTIFICATES; AND
 (F)  PERFORM  SUCH ADDITIONAL ACTIVITIES AS MAY BE DEEMED NECESSARY BY
 THE AUTHORITY TO ENSURE COOPERATION AND THE SMOOTH EXCHANGE OF  INFORMA
 TION  AMONG  AND  BETWEEN  THE  GENERATION ATTRIBUTE TRACKING SYSTEM AND
 SIMILAR SYSTEMS WITHIN OR OUTSIDE THE STATE.
 

S 3. This act shall take effect immediately.

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