Full Title: Mind the Gap: An Estimation of the Renewable Energy Needed to Meet New York's Clean Energy Mandates
Author(s): Sergio Dueñas, Erin Childs, Eliasid Animas, Alondra Regalado, Thanh Nguyen, and Jaide Lin
Publisher(s): Strategen
Publication Date: November 17, 2023
Full Text: Download Resource
Description (excerpt):
New York’s clean energy and emissions reduction goals are among the most aggressive in the country. The 2019 Climate Leadership and Community Protection Act (CLCPA) requires 70% renewable energy (RE) in 2030 and zero-emission electricity by 2040. However, four years after the passage of the CLCPA, the state is far away from achieving its 2030 goal. To date, the majority of the state’s current RE capacity is from legacy hydropower projects, while wind and solar make up an increasing, but minor, portion of electricity generation compared to fossil fuel generation. Given rising electricity demand in the coming years, New York’s RE deployment will need to ramp up dramatically in order to ensure the state meets its 70% RE by 2030 goal.
This report compares the difference between the RE generation that can be expected under the current pace of deployment and the RE generation that will be necessary for New York to meet the 2030 goal in order to determine the gap that will need to be filled with new strategies for RE deployment.