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New York State Renewables UpdateRenewable Energy Markets Conference
Monday, October 23, 2017
Doreen Harris, Director, NYSERDA
New York State Energy Plan – 2030 Clean
Energy Goals
3
Clean Energy Fund
• 10-year, $5 billion funding commitment
• Supports Governor Cuomo’s Reforming the Energy Vision
(REV), a strategy to build a clean, resilient, and affordable
energy system for all New Yorkers
• Reduces cost of clean energy by accelerating adoption of
energy efficiency to reduce load while increasing renewable
energy to meet demand
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NY-Sun
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NY-Sun Initiative
Reduce Soft Costs
Self-
Sustaining
Market
• Significantly expand installed
solar capacity
• Attract private investment
• Enable sustainable
development of a robust
industry
• Create well-paying skilled jobs
• Improve the reliability of the
electric grid
• Reduce air pollution
• Make solar available to all New
Yorkers
Statewide
Goal of 3 GW
by 2023
Approx. $1 Billion Total
Budget
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• 904 MW installed statewide
with NYSERDA support
• 531 MW of residential PV
(70,636 projects)
• 373 MW of non-residential
PV (4,954 projects)
• 1,299 MW currently in NY-
Sun pipeline
• Installations all 62 counties
and in 1,656 different zip
codes
Completions by County
As of 4/30/2017
NY-Sun Program Activity to Date
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• There are proposed community solar projects in 46 counties
• Orange, Tompkins, and Sullivan Counties have the largest number of proposed
projects
• The average project size is about 2 MW AC
Number of Proposed CDG Projects
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Energy Storage
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Source: DOE Global Storage Database – operational systems
Advanced Storage Worldwide
Rate
d P
ow
er
(GW
)
10
Installed Energy Storage System Cost
• Utility scale storage: about $665/kWh installed, almost
50/50 battery cost and BOS cost (US figures from 2016,
GTM Research)
• Behind-the-meter storage: about $800/kWh in NYC
• Battery costs declining by 10%+ per year
• Installed costs expected to decrease by about 7-10% per
year through 2020 for li-ion (Navigant Research)
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Storage under the Clean Energy Fund
• Technology and product
development
• Soft cost reduction
• Value stacking
• PV + storage
Energy Storage Roadmap
$400 (47%)
$225 (45%)
$225 (26%)
$110 (22%)
$225 (26%)
$150 (30%)
$0
$100
$200
$300
$400
$500
$600
$700
$800
$900
2015-16 2020-23
Battery module HW BOS Soft cost
= ˜$75/kWh removed from today’s cost
Average BTM installed cost for 4 hour system; li-ion
used as a representative technology
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Value of
Distributed Energy
Resources
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Transition from NEM to VDER
• NEM (net metering) since 1997 has been effective at growing
NY’s PV market.
• NEM is a blunt method for valuing distributed energy resources
(VDER). Time and location of generation are not considered in
compensation structure
• As part of REV, NYS is transitioning away from NEM
• NYS Public Service Commission (PSC) released 2 VDER Orders
to start this transition– Phase One (March 9, 2017)
– Phase One Implementation Order (Sept 14, 2017)
• VDER Phase Two will be an ongoing process
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Phase One
What is Impacted
• Solar PV, Wind, Hydro, Farm Waste Generation,
and Fuel Cells up to 2 MW AC*
• Combined Heat and Power (CHP) up to 10kW AC
• National Grid, NYSEG, Central Hudson, Orange
and Rockland, ConEd, Rochester Gas & Electric
*Per Implementation Order pg 4, “The Commission expects to move towards a maximum
project size of 5 MW by early 2018.”
15
Phase One Value Stack• Energy (LBMP) –the current wholesale energy price, changes hourly
• Capacity (ICAP) –similar to the capacity credit currently provided under
NEM, changes monthly
• Environmental benefits (“E”) –project’s rate is locked in for 25 years.
Certain CDG projects can take a non-tradable REC instead (No projects
receiving Phase 1 NEM or the Value Stack will receive monetizable RECs)
• Avoided demand (“D” or “DRV”) –based on amount system will reduce
distribution grid’s peak demand
• LSRV (locational system relief value) –locational adder for some projects
• MTC (market transition credit) –additional element for CDG or mass
market opt-in, given in place of “DRV”
For a deeper examination of these elements, please see the Value Stack
Calculator Overview presentation at nyserda.ny.gov/vder
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Clean Energy
Standard
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New York’s Clean Energy Standard
Clean Energy Standard
Renewable Energy Standard
(RES)
Tier 1:
New Renewables
Tier 2:
Maintenance Tier
Zero-Emissions Certificate
(ZEC)
Pro
cure
ment
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August 1, 2016 Clean Energy Standard OrderTier 1 Anticipated Procurement Targets
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NYSERDA Tier 1 Renewable Procurement
RESRFP17-1Date
RFP Release (NYSERDA and
NYPA) June 2, 2017
Threshold Eligibility Application
Packages Due (Step One) July 13, 2017
Bid Proposals Due (Step Two) September 28, 2017
Deadline to opt out of
NYSERDA RFP (if participating
in NYPA’s RFQ) November 3, 2017
Awards expected November 2017
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New York
Generation
Attribute Tracking
System
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NYGATS and the CES
• LSEs must demonstrate compliance with the CES’s RES
Tier 1 and ZEC programs for each compliance period for
which a RES and ZEC LSE compliance target is
established. – Separate compliance timelines
– NYGATS reports used for documentation
• ACP Payments under RES to NYSERDA
• State Compliance Reporting
• NYGATS is the platform for generators to apply for eligibility
and for NYSERDA and DPS review and determination
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NYGATS and VDER
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Offshore Wind
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Master Plan
Offshore
Study Area
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Offshore Wind & the Clean Energy Standard
In order to maximize the potential
for offshore wind, in addition to the
actions taken in this Order, the
Commission is requesting
NYSERDA to identify the
appropriate mechanisms the
Commission and the State may
wish to consider to achieve the
beneficial attendant economic activity and cost reductions.
Order Adopting A Clean Energy Standard
(issued August 1, 2016)
