Clean Energy Resources Development and Incentives “Build-Ready” Program

Background

As part of the 2020-2021 enacted state budget, New York State announced the passage of the Accelerated Renewable Energy Growth and Community Benefit Act. Under this act, NYSERDA will establish and execute a Clean Energy Resources Development and Incentives “Build-Ready” Program to foster and encourage expedient siting and development of renewable energy facilities.

The act also establishes the first-of-its-kind Office of Renewable Energy Siting, housed within the Department of State, which will consolidate the environmental review of major renewable energy facilities and provide a single forum to ensure that siting decisions are predictable, responsible, and delivered in a timely manner along with opportunities for input from local communities. To ensure that these renewable energy projects are developed reliably and cost-effectively, the act also establishes a Power Grid and Study Program to prioritize the planning, investment, and responsible development and build out of the State’s transmission and distribution infrastructure.

How it Works

The “Build-Ready” Program advances large-scale renewable energy projects by identifying sites that are consistent with the State’s standards and are made build-ready for private renewable energy developers.

Through this program, NYSERDA works with its State partners and local communities to rapidly advance new “Build-Ready” projects, prioritizing the development of existing or abandoned commercial sites, brownfields, landfills, former industrial sites, and other abandoned or underutilized sites. NYSERDA will pursue site control and pre-construction development activities prior to competitively auctioning the developed sites, bundled with contracts for renewable energy payments, to provide a de-risked package for private developers to construct and operate projects at these sites.

On May 1, 2020, NYSERDA hosted an informational webinar on the Build-Ready program. Please view the recordingLink opens in new window - close new window to return to this page. and the presentation [PDF] from the webinar for more information.

NYSERDA filed a Petition with the Public Service Commission on June 5, 2020. The Petition is available here [PDF].

Resources

The Accelerated Renewable Energy Growth and Community Benefit Act legislation may be accessed via Part JJJ of the Transportation, Economic Development and Environmental Conservation (TED) Bill, beginning on page 103Link opens in new window - close new window to return to this page.. A fact sheet that describes the Act is available here [PDF]

A series of informational webinars were held on the Accelerated Renewable Energy Growth and Community Benefit Act legislation.