ALBANY — The state Department of Environmental Conservation adopted new, stringent requirements on peak-use power plants Monday, a crucial component of the state’s “Green New Deal.”

The measure is meant to substantially reduce emissions by establishing lower emissions thresholds for “peaking” power plants that operate on the hottest days with the most air pollution.

These regulations will help to reduce greenhouse gas emissions 40% by 2030, and shift to 100% clean electricity by 2040, according to a press release from Gov. Andrew Cuomo’s office.

To preserve a reliable electricity grid, Cuomo’s office said the regulation phases in the control requirements from 2023 to 2025, allowing time for a transition to cleaner sources of electricity.

According to the press release, it also provides power plant owners the option to meet the new, stringent standards in part through the installation of emission-free renewable energy or energy storage.