Hydrogen
Facing a possibility that it won't be able to generate enough energy with existing renewables, New York is considering more controversial forms of generation.
Using RNG as a feedstock offers hydrogen producers a shortcut to claiming the full federal tax credit created for hydrogen production, industry experts said.
There was no shortage of ideas on how to overcome well known challenges to carrying out New York’s clean energy transition at IPPNY’s 37th Spring Conference.
The EPA administrator said his agency’s proposed CO2 emission standards for power plants target “the most egregious sources” without compromising reliability.
EPA announced proposed rules to reduce CO2 emissions from coal and gas power plants by requiring them to use carbon capture and co-firing of hydrogen.
Plug Power posted a first-quarter loss of $206.6 million but still has cash on hand for ambitious expansion of hydrogen-related projects.
A pumped storage site, solar farms and agrivoltaic ventures are among the projects receiving funding from the state's cap-and-trade fund.
The governor signed climate bills related to sustainable aviation fuel, local land-use planning, transmission planning, pumped storage and more.
Federal production tax credits for green hydrogen will depend on the "cleanliness" of the power used to produce it.
Natural gas is in the crosshairs of New York’s decarbonization drive, but it will likely remain indispensable to the state’s energy portfolio for many years.
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