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Use of Auction Proceeds

 

NYSERDA designed and implemented a process to develop and annually update an Operating Plan which summarizes and describes the initiatives to be supported by RGGI auction proceeds. The RGGI Operating Plan is designed to strategically invest across disciplines, economy wide, in a way that supports comprehensive strategies that best advance the CO2 emission reductions goals of the State.

The Operating Plan includes:

  1. Summary of Program Benefits resulting from the entire RGGI portfolio
  2. Portfolio development criteria
  3. Program descriptions and budgets
  4. Descriptions of the measurement, verification, and evaluation methods that will be used to judge the impacts and success of the programs, and
  5. A quantification of NYSERDA’s costs for administration and evaluation of the programs.

The most recent version of the Operating Plan can be viewed here:

Similar to other programs that NYSERDA administers, stakeholder input is important to us. On an annual basis, the Authority engages stakeholders representing the environmental community, the electric generation community, consumer benefit organizations and interested members of the general public to assist with the development of an annual update to the Operating Plan. NYSERDA seeks feedback on the design and implementation of programs described in the Operating Plan to help us maximize the effectiveness of RGGI funded programs.

RGGI Stakeholder Meeting - December 8, 2023 

The annual Regional Greenhouse Gas Initiative (RGGI) Operating Plan Stakeholder Meeting will be held on December 8, 2023 at 1:00 pm. The meeting will be used to review the proposed 2024 Draft RGGI Operating Plan Amendment.

This meeting will be held at the New York State Energy Research and Development Authority, 17 Columbia Circle, Albany, NY 12203. It will also be conducted by teleconference and members of the public are welcome to participate via webcast or phone. The webcast may be accessed via the link below. It is not necessary to register to participate.

Meeting Materials

You can find documents related to past RGGI Meetings, as well as previous versions of the RGGI Operating Plan, on the Useful Documents page.