Renewable Energy & Energy Development
Equinor Becomes Leading U.S. Offshore Wind Developer with 2,500 Megawatt Award from New York State
In his January 13, 2021 State of the State address, Governor Andrew M. Cuomo announced that New York will contract with Equinor Wind US LLC (Equinor) for 2,490 megawatts (MW) of offshore wind energy, the largest combined procurement of offshore wind energy by a state in U.S. history. Governor Cuomo also announced plans to make…
New York State Issues Draft Value of Carbon Guidance for Comment
New York State’s Climate Leadership and Community Protection Act of 2019 (CLCPA) sets requirements and goals for statewide greenhouse gas emissions reductions, plans to achieve net zero emissions across the State’s economy, and renewables targets. In accordance with the CLCPA, the New York State Department of Conservation (NYSDEC), in consultation with the New York State…
New York City Council Passes Major Amendment to Local Law 97 Affordable Housing Provisions
On October 29, 2020, the New York City Council passed Int. No 1947-A—a bill that significantly amends the affordable housing provisions of Local Law 97 of 2019 to require more buildings to meet greenhouse gas emissions caps. Local Law 97 and the technical amendments in Local Law 147 of 2019 require most new and existing…
NYC Issues Proposed Property Assessed Clean Energy (PACE) Loan Regulations
In late October 2020, the New York City Department of Finance issued proposed regulations to implement a Property Assessed Clean Energy (“PACE”) loan program in NYC to provide targeted loans with favorable terms to building owners for installation of systems designed to reduce energy use and carbon emissions. The deadline to submit comments on the…
NYC Buildings Receive Their First Energy Efficiency Grades
On October 1, 2020, buildings over 25,000 square feet in New York City received their first energy efficiency grades from the City Department of Buildings (“DOB”). Buildings must post the grade “in a conspicuous location near each public entrance to such building” by October 30, 2020. Failure to do so will result in a fine…
NY Office of Renewable Energy Siting Issues Draft Regulations to Facilitate Swift Development of Large-Scale Renewable Energy Projects
On September 16, 2020, the newly formed Office of Renewable Energy Siting (“ORES”) issued draft regulations intended to streamline permitting and development of large-scale renewable energy projects in New York State. The draft regulations, which are now available for public comment, reflect New York’s ongoing effort to achieve the Climate Leadership and Community Protection Act’s…
