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New York's RGGI-Funded Programs Status Report

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New York's RGGI-Funded Programs Status Report New York State’s Regional Greenhouse Gas Initiative- Funded Programs Status Report Quarter Ending September 30, 2017 Final Report March 2018 NYSERDA’s Promise to New Yorkers: NYSERDA provides resources, expertise, and objective information so New Yorkers can make confident, informed energy decisions. Mission Statement: Advance innovative energy solutions in ways that improve New York’s economy and environment. Vision Statement: Serve as a catalyst – advancing energy innovation, technology, and investment; transforming New York’s economy; and empowering people to choose clean and efficient energy as part of their everyday lives. NYSERDA Record of Revision Document Title New York's Regional Greenhouse Gas Initiative-Funded Programs Status Report Quarter Ending September 30, 2017 Final Report March 2018 Revision Date Description of Changes Revision on Page(s) March 2018 Original publication i New York's Regional Greenhouse Gas Initiative- Funded Programs Status Report Quarter Ending September 30, 2017 Final Report Prepared by: New York State Energy Research and Development Authority March 2018 Table of Contents NYSERDA Record of Revision ................................................................................................. i List of Tables .............................................................................................................................v Acronyms and Abbreviations .................................................................................................vi 1 Introduction ........................................................................................................................1 2 Summary of Portfolio and Program Benefits ...................................................................2 3 Funds ..................................................................................................................................8 3.1 Proceeds .................................................................................................................................. 8 3.2 Budget ................................................................................................................................... 10 4 Program Descriptions and Accomplishments ...............................................................15 4.1 Renewable Energy ................................................................................................................. 15 4.1.1 Renewable Heat NY ....................................................................................................... 15 4.1.2 NY-Sun Initiative ............................................................................................................. 16 4.1.2.1 NYSERDA Solar Electric Program .................................................................................. 17 4.1.3 New York Generation Attribute Tracking (NYGATS) ........................................................ 17 4.1.4 Advanced Renewable Energy Program .............................................................................. 18 4.2 Energy Efficiency ................................................................................................................... 19 4.2.1 LIPA Energy Efficiency and Renewable Energy Initiative................................................. 19 4.2.2 Residential Efficiency Services ....................................................................................... 20 4.2.2.1 Multifamily Performance Program ................................................................................... 20 4.2.2.2 Multifamily Carbon Emission Reduction Program ............................................................ 21 4.2.2.3 EmPower New York ....................................................................................................... 21 4.2.2.4 Green Residential Buildings Program ............................................................................. 21 ® 4.2.2.5 Home Performance with ENERGY STAR (HPwES) ....................................................... 22 4.2.2.6 Solar Thermal Incentive Program.................................................................................... 22 4.2.2.7 Low-rise Residential New Construction Program............................................................. 23 4.2.3 Municipal Water and Wastewater Program ..................................................................... 24 4.3 Innovative GHG Abatement Strategies ................................................................................... 24 4.3.1 Industrial Innovations Program........................................................................................ 24 4.3.2 Climate Research and Analysis Program ........................................................................ 25 4.3.3 Clean Energy Business Development ............................................................................. 25 4.3.4 Charge NY ..................................................................................................................... 27 4.3.5 Transportation Research ................................................................................................ 28 4.3.6 Carbon Capture, Recycling, and Sequestration ............................................................... 29 iii 4.3.7 Advanced Buildings ........................................................................................................ 29 4.3.8 Competitive Greenhouse Gas Reduction Pilot................................................................. 30 4.3.9 Brookhaven National Laboratory Ion Collider .................................................................. 30 4.4 Community Clean Energy ....................................................................................................... 31 4.4.1 Climate Smart Communities ........................................................................................... 31 4.4.2 Economic Development Growth Extension Program (EDGE) .......................................... 31 4.4.3 Cleaner, Greener Communities....................................................................................... 31 4.4.4 Regional Economic Development and Greenhouse Gas Reduction Program .................. 32 4.4.5 Reforming the Energy Vision Campus Competition Program ........................................... 33 4.4.6 Clean Energy Communities ............................................................................................ 34 4.4.7 Community Energy Engagement .................................................................................... 35 4.5 Green Jobs - Green New York ................................................................................................ 36 4.5.1 Assessments .................................................................................................................. 37 4.5.2 Financing........................................................................................................................ 39 4.5.3 Workforce Development, Outreach, and Marketing ......................................................... 40 4.6 Green Bank ............................................................................................................................ 46 4.7 Program Evaluation ................................................................................................................ 46 4.7.1 Evaluation of Energy Efficiency and Other Deployment Programs ................................... 47 4.7.2 Baseline Studies ............................................................................................................. 48 Appendix A: Savings Calculations Methodology ............................................................... A-1 Appendix B: Former Program Names.................................................................................. B-1 Appendix C: Summary of Portfolio Benefits ....................................................................... C-1 Appendix D: NYS RGGI Auction Proceeds.......................................................................... D-1 Appendix E: Total NYS RGGI Funds .................................................................................... E-1 Appendix F: Closed RGGI-Funded Programs and Completed Evaluations ...................... F-1 iv List of Tables Table 1. Summary of Expected Cumulative Portfolio Benefits through September 30, 2017 .......4 Table 2. Summary of Expected Cumulative Annualized Program Benefits through September 30, 2017 ........................................................................................................5 Table 3. New York State’s RGGI Auction Results and Funds through September 30, 2017 ........8 Table 4. Available Funding and Financial Status through September 30, 2017 (millions of dollars).........................................................................................................11 Table 5. Green Jobs - Green New York Available Funding and Financial Status through September 30, 2017 (millions of dollars) ........................................................................13 Table 6. NY Green Bank Available Funding and Financial Status through September 30, 2017 (thousands of dollars) ...................................................................14 v Acronyms and Abbreviations CBO constituency-based organization CGC Cleaner, Greener Communities CO2 carbon dioxide CO2e carbon dioxide equivalents EEPS Energy Efficiency Portfolio Standard EPA U.S. Environmental Protection Agency GHG greenhouse
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