The RESRFP19-1 Bid Cohort: Assorted Thoughts, Trends, and Observations

The Basics On October 3, 2019, the New York State Energy Research and Development Authority (NYSERDA) released high-level information for the cohort of projects that submitted bids in response to its 2019 Renewable Energy Standard Request for Proposals (RESRFP19-1). Similar to its first two RFPs under the Renewable Energy Standard (RES) program, NYSERDA is offering …

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A Fresh Look at Index REC Procurement in New York

New York’s 50% by 2030 renewable goal is supported by NYSERDA’s massive large-scale renewable procurement program to help get needed facilities financed and built. Dating back to its first Main Tier RPS solicitation in 2005, NYSERDA has offered contracts for fixed-price RECs. While offering more hedge to generators than its PJM neighbors, New York’s approach has …

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