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NY PSC Won't Alter ESCOs' 2017 Clean Energy Procurement Obligations
While issues concerning the allocation of clean energy procurement obligations are pending before the New York PSC in a separate proceeding, the PSC said in adopting a clean energy standard implementation plan that any decision in such separate proceeding, "will not alter the requirements for the 2017 compliance period that have been established in previous Commission orders in this proceeding."
As previously reported, Liberty Power Holdings LLC petitioned the PSC for relief concerning the time horizon used for allocating obligations to LSEs. In the ZEC order, the PSC ruled that each LSE’s requirement will be determined based on data provided by NYGATS regarding the load served by the LSE during the previous 12 months. Liberty said that it was informed by NYSERDA that its required payment for ZECs during the period from April 1, 2017 to March 31, 2018 would be based on Liberty’s sales during the period from April 1, 2015 to March 31, 2016.
Liberty proposed that more recent NYISO data be used for calculations (at the time of Liberty's petition, this would have been October 1, 2015 through September 30, 2016).
Liberty recognized that while the data will eventually be reconciled, initially using the less recent data proposed by NYSERDA imposes an upfront burden on LSEs whose load has dropped since the time period used by NYSERDA in the allocation, who must then wait for their obligation to be reconciled.
The Impacted ESCO Coalition then raised similar concerns in commenting on the CES implementation plan itself, proposing quarterly true-ups.
In a decision published on February 22 adopting a clean energy standard implementation plan, the PSC said, "The [obligation allocation] issues raised by the ESCO Coalition are currently before the Commission in a petition filed by Liberty Power Holdings, LLC. These issues will be determined in a timely manner but will not alter the requirements for the 2017 compliance period that have been established in previous Commission orders in this proceeding."
The PSC did approve a request to raise the limit of banked Tier 1 RECs that can be used for a subsequent compliance period from 30 to 60 percent. NYSERDA's implementation plan concerning LSE banking was otherwise adopted as filed
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February 23, 2017
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Copyright 2010-17 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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