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State approves goal of 50% renewable power by 2030

New York wants to get half of its electricity from renewable sources by 2030.

The state Public Service Commission on Monday approved a Clean Energy Stnadard that will mandate that New York, which now gets about a quarter of its power from renewable sources, including the Niagara Power Project, gradually add new sustainable energy generation, such as wind and solar power, over the next 14 years. Five years from now, the mandate calls for the state to get 30 percent of its electricity from renewable sources, as well as nuclear power.

As part of the Clean Energy Standard, the state also agreed to provide $965 million in payments over two years to keep several upstate nuclear power plants operating at a time when power prices are low.

The clean energy rules are expected to increase the average residential customer’s bill by nearly $2 a month.

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