Sentences with phrase «york emission credits»

Not exact matches

The State will fund the Green Jobs - Green New York loan program and establish the statewide green jobs training program, with $ 112 million in funding acquired by auctioning carbon emission credits through the Regional Greenhouse Gas Initiative (RGGI).

In August 2013, Percoco allegedly succeeded in gaining CPV a reciprocity agreement to purchase emission credits from New York for a New Jersey power plant.

As the governor conferred with his top staff members, federal law enforcement authorities say his then - executive deputy secretary, Joseph Percoco, and a former longtime friend and adviser, Todd Howe, were secretly exploiting their political muscle in a bribery scheme that would help the energy company, Competitive Power Ventures, purchase pollution «emission reduction credits» from New York state.

That could potentially buy enough time for FitzPatrick to become profitable again if the New York Public Service Commission approves some nuclear plant subsidies this summer, called zero emission credits.

«New York State does not provide emission credits.

The Democratic - controlled state Assembly on Monday introduced a budget bill that would prohibit the purchase of zero - emission credits mandated under the clean energy plan until leaders of the PSC and the New York Energy Research and Development Authority appear before a joint hearing of the Senate and Assembly to answer questions.

New York will end an agreement with New Jersey allowing companies to trade emission credits in order to meet pollution standards, a decision that follows accusations by federal prosecutors that the credits were part of a corruption scheme involving a Competitive Power Ventures power plant in New Jersey.

Among them: Competitive Power wanted the Department of Environmental Conservation's OK to let it purchase emission credits in New York for a plant it was building in New Jersey — a «reciprocity agreement.»

The complaint alleges that Glaser, who's not identified by name, used his personal e-mail when he agreed in August 2013 to help Percoco get state approval for CPV to buy «emission reduction credits» in New York to help it build the New Jersey plant.

Illinois and New York have each legislated financial support for nuclear power through zero - emission credits (ZECs) in their renewable portfolio standards.

Auctions based on marginal costs wont allow for recovery of investment, which is why states and RTO / ISOs have attempted to address the obvious shortfalls of the auction system by adopting workarounds, to feed money to baseload power plants, e.g., special features such as maintenance fees, or, as in New York State, the establishment of zero - emission credits.

New York State's load - serving entities must purchase zero - emission credits (ZECs) from NYSERDA every year.

The Clean Energy Standard [PDF] requires two approaches for utilities, electric companies, and other load serving entities (LSEs) to help New York meet clean energy and climate goals: meeting a Renewable Energy Standard through the purchase of Tier 1 RECs and a requirement to purchase zero - emissions credits (ZEC).

«Zero - emission credits,» passed in in New York and Illinois to preserve nuclear plants, appear to be the direction states are moving in, the pair concluded.

Bills supporting zero - emission credits have passed in Illinois and New York; a group of generators has sued to block the New York program.

New York's proposed Zero - Emissions Credit for nuclear power is a huge step in the right direction, and could serve as a model for other states.

We thus applaud the proposal by the New York State's Department of Public Service (NYSDPS) for a Clean Energy Standard (CES) that includes a Zero - Emissions Credit (ZEC) for nuclear power plants.

Starting in April 2017, the Clean Energy Standard requires all six New York investor - owned utilities and other energy suppliers to pay for the intrinsic value of carbon - free emissions from nuclear power plants by purchasing Zero - Emission Credits.

Outside of New York and Illinois, which passed laws subsidizing ailing nuclear facilities in 2016, Connecticut's governor last year signed a bill allowing Dominion's Millstone plant to participate in its clean energy procurement process, and New Jersey's lawmakers are poised to vote on a zero - emission credit (ZEC) program today, Korsnick said.

Last year, New York and Illinois enacted a new policy of Zero Emissions Credits (ZECs) which are available for nuclear generators.

Exelon bought the plant from Entergy in 2016 after New York announced its Clean Energy Standard program that will offer zero - emissions credits to nuclear facilities.

An August decision by the New York Public Service Commission (PSC) approving New York's Clean Energy Standard included a provision requiring the state's investor - owned utilities and other energy suppliers to pay for the intrinsic value of carbon - free emissions from nuclear power plants by purchasing «Zero - Emission Credits» (ZEC).

U.S. District Judge Valerie Caproni on July 25 in Manhattan ruled that federal law does not preempt the state and its Public Service Commission (PSC) from using a zero - emissions credit (ZEC) program designed to support cleaner energy options in New York.