Case study on renewable energy in New York : bridging the gap between promise and reality

Purpose: The assessment of the achievement of the goal is data driven and uses analytical modeling of the forecasted demand and the projected electrical power generated capacities. The analysis is based on compiled granular observations and is compared to reported aggregated information. The model takes into account changes in demand patterns such as the increase in the use of electric cars, and decreased demand because of improving efficiencies and behind-the-meter generation. Design/methodology/approach: This case study is designed to examine one of the major goals of New York State (NYS) Governor Andrew Cuomo’s energy plan, namely, that 50% of all electric generation will come from renewable energy resources by the year 2030. The aim is to compare the aspiration of the political policy with the reality of its implementation. Findings: The analyses describe a measurable gap between the achievement of the stated goal and the projected reality. The paper includes discussions on the nature of this gap and factors that could potentially further increase this deficit. Practical implications: In addition, the paper highlights the need to recognize the complexities of projecting the future and difficulty of developing aggressive contingencies given practical and political constraints. Originality/value: This paper provides a data-driven independent assessment of the NYS’ current energy plan and highlights important issues for consideration if the political promise is ever to become a reality.