November 23, 2024

New York

D.C. Circuit Court of Appeals
DC Circuit Upholds NYISO 17-year Amortization Rule
The D.C. Circuit Court of Appeals has upheld FERC’s approval of a key NYISO capacity market price determinant that the state utility regulator says could raise costs by hundreds of millions of dollars per year. 
Elevate Renewables
Lithium-ion Batteries to Replace NYC Peaker Plant
A developer has committed to replacing a fossil-fired peaker plant with a lithium-ion battery system that will, for a while, be New York City's largest.
Ørtsted/Edison Chouest Offshore
Empire, Sunrise Wind Back Under Contract in NY
Two offshore wind projects have rebounded from the financial turmoil of 2023, finalizing replacement contracts with New York for 1,734 MW of capacity.
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NYPA Unveils Expanded Grid Simulation Lab
NYPA has expanded its AGILe Lab with extensive new digital twin capabilities, allowing it to model and test the impact of new technologies on the grid.
Iberdrola
Iberdrola to Take Full Ownership of Avangrid
Iberdrola is moving to acquire the 18.4% stake in Avangrid that it does not already own in a $2.55 billion deal.
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NY Energy Storage Industry Seeks Faster Path Forward
The promise of doing well for both the environment and the economy and the obstacles to doing so were highlighted as the 2024 edition of New York’s energy storage industry conference opened.
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Audit Faults NY Renewables Office on Speed of Reviews
The New York state office created to expedite permitting of large-scale renewable energy development should offer a better accounting of how long permitting takes, an audit concludes. 
Shutterstock
NY Reaches Deals for 2.4 GW of Onshore Renewables

New York state has reached tentative contracts with developers proposing 24 land-based renewable energy projects totaling nearly 2.4 GW of capacity.

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IPF24: Moving Offshore Wind Beyond Contract Cancellations
Stakeholders look at how best to move on from offshore wind contract cancellations.
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IPF24: New York Starts Another OSW Rebound
The leader of New York state's offshore wind initiative told the 2024 International Partnering Forum that the state is pushing forward after its setbacks and so should the industry. 

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