Breaking down New York’s Clean Energy Standard Biennial Review: Webinar Series to Probe Reactions, Repercussions, Implications and Beyond

The New York State Climate Leadership and Community Protection Act (CLCPA) requires 70% renewable energy by 2030, but progress has slowed. The State’s 2024 Clean Energy Standard (CES) Biennial Review highlights delays and challenges that could threaten the State’s clean energy goals.

CES Biennial Review: Updated Pathway to 70%

(Extracted from NY REMO 2024#1 Market Fundamentals Briefing Issued in August 2024)

What’s Changing?
The Biennial Review and stakeholder comments suggest significant adjustments to New York’s renewable energy procurement strategy. Expect changes in procurement targets, project evaluation, and contract terms, with a renewed focus on land-based wind energy. These shifts raise important questions about the future of clean energy investments and CES compliance.

Key Considerations for Stakeholders

• Policy Changes and Investment: Will the proposed procurement reforms attract enough investment to expand New York’s renewable energy pipeline?
• Financing and Development: How will new policies affect project financing and economic viability?
• Affordability and Ratepayers: How will New York achieve its renewable energy goals without overburdening ratepayers?
• Energy Cost Predictability and Stability: For energy customers and suppliers, what do these changes mean for the ability to predict, hedge, and budget for energy costs?

Assessing how CES Biennial Review’s updated target trajectory influences Tier 1 procurements

(Extracted from NY REMO 2024#1 Market Fundamentals Briefing Issued in August 2024)

Stay Informed and Stay Ahead
SEA’s New York Renewable Energy Market Outlook (NY REMO) provides deep-dive analysis into large-scale renewable market drivers, project costs, and CES compliance projections.

Our upcoming two-part webinar series, Breaking down New York’s Clean Energy Standard Biennial Review: Reactions, Repercussions, Implications and Beyond (October 24 and October 31, 2024, at 1:00 ET), will distill key developments from the CES Biennial Review.  Over two one-hour webinars, we will guide you through the critical CES Biennial Review developments, breaking down the likely changes resulting from the process and exploring their impact on investors, developers, energy suppliers, and other stakeholders. For a limited time, these webinars – the latest deliverables available to NY-REMO subscribers – are also being offered to other market participants, interested parties, and prospective subscribers on a standalone basis.

Don’t miss your chance to gain a competitive edge. Click here to learn more and to register for the SEA’s 2-part 2024 CES Biennial Review Webinar Series today or contact us to learn how we can help shape your clean energy strategy.

Gain actionable insights, influence and adapt to key regulatory changes, and stay ahead in New York’s clean energy market. Don’t wait – learn more and register now.