S 7132 NY

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Bill No.: Summary Actions Committee&nbspVotes Floor&nbspVotes Memo Text LFIN Chamber&nbspVideo/Transcript S07132 Summary: BILL NO S07132A &nbsp SAME AS No Same As &nbsp SPONSOR PARKER &nbsp COSPNSR &nbsp MLTSPNSR &nbsp Add §1885, Pub Auth L &nbsp Requires the establishment of a renewable hydrogen incentive program to support the production, processing, delivery, storage, or end use of hydrogen in New York for the purpose of meeting the greenhouse gas emissions goals of the climate leadership and community protection act (CLCPA).

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STATE OF NEW YORK ________________________________________________________________________

7132--A

2025-2026 Regular Sessions

IN SENATE

April 1, 2025 ___________

Introduced by Sen. PARKER -- read twice and ordered printed, and when printed to be committed to the Committee on Energy and Telecommuni- cations -- reported favorably from said committee and committed to the Committee on Finance -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee

AN ACT to amend the public authorities law, in relation to requiring the establishment of a renewable hydrogen incentive program

The People of the State of New York, represented in Senate and Assem- bly, do enact as follows:

1 Section 1. The public authorities law is amended by adding a new 2 section 1885 to read as follows: 3 § 1885. Establishment of a renewable hydrogen incentive program. 1. 4 The legislature hereby finds and declares that: 5 (a) the climate leadership and community protection act (CLCPA) 6 requires significant reductions in greenhouse gas emissions, including a 7 forty percent reduction in statewide greenhouse gas emissions by two 8 thousand thirty and an eighty-five percent reduction in statewide green- 9 house gas emissions by two thousand fifty; 10 (b) in order to meet these aggressive targets, it is necessary to 11 further develop renewable energy sources, including renewable hydrogen; 12 (c) renewable hydrogen has significant potential to contribute to 13 responsible decarbonization in the future, and there are efforts under- 14 way in New York, at the federal level and globally to determine the 15 potential of this technology; 16 (d) renewable hydrogen has the ability to decarbonize sectors that are 17 difficult to electrify, including the transportation and industrial 18 sectors, as well as the gas pipeline system; 19 (e) decarbonization of these sectors will provide substantial benefits 20 to disadvantaged communities; 21 (f) supporting the further development of the renewable hydrogen 22 industry will offer new opportunities for developing and employing New

EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD11293-02-5

S. 7132--A 2

1 York's workforce and will help ensure that the availability of well-paid 2 jobs with good benefits will continue in New York's clean energy future; 3 and 4 (g) therefore, it is the intent of the legislature to support the 5 development of the renewable hydrogen industry in New York in order to 6 achieve the greenhouse gas emissions reduction goals of the CLCPA, 7 provide benefits to disadvantaged communities, create jobs, and provide 8 new clean technology to decarbonize challenging sectors. 9 2. As used in this section: 10 (a) "eligible hydrogen project" means a project located in New York 11 related to the production, processing, delivery, storage or end use of 12 renewable hydrogen for the purpose of reducing greenhouse gas emissions 13 consistent with the CLCPA; 14 (b) "renewable hydrogen" means hydrogen produced using renewable ener- 15 gy sources and/or produced with a carbon intensity equal to or less than 16 two kilograms of carbon dioxide equivalent produced at the site of 17 production per kilogram of hydrogen produced; and 18 (c) "renewable energy sources" means hydroelectric, geothermal, solar 19 photovoltaic, wind, tidal, wave, or biogas energy sources. 20 3. No later than December thirty-first, two thousand twenty-five, the 21 authority shall, in consultation with the public service commission, 22 establish a program to support the production, processing, delivery, 23 storage, or end use of hydrogen in New York for the purpose of meeting 24 the greenhouse gas emissions goals of the CLCPA. In establishing the 25 program, the authority, in consultation with the public service commis- 26 sion, shall: 27 (a) establish criteria and guidelines for financial incentives 28 provided for eligible hydrogen projects; 29 (b) provide financial incentives for eligible hydrogen projects that 30 provide reductions in greenhouse gas emissions, prioritizing those 31 eligible hydrogen projects that provide workforce benefits, including 32 job retention, creation or training, or benefits to disadvantaged commu- 33 nities as defined in article seventy-five of the environmental conserva- 34 tion law; and 35 (c) identify any barriers to the widespread development of renewable 36 hydrogen, including within disadvantaged communities as defined in arti- 37 cle seventy-five of the environmental conservation law. 38 § 2. This act shall take effect immediately.

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