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The New York Independent System Operator Inc., a not-for-profit regional transmission owner, is responsible for operating New York's bulk electrical grid, administering the state's wholesale electricity markets, maintaining grid stability, and ensuring the reliability and planning of the state's bulk energy system.
The New York PSC kicked off a proceeding to examine how to reconcile NYISO’s resource adequacy programs with the state’s renewable energy and carbon goals.
NYISO
NYISO approved manual changes to accommodate a new penalty scheme to improve the ISO’s ability to call on external capacity resources.
The Analysis Group will delay the release of a carbon pricing study expected to be completed this month, CEO Rich Dewey told the Management Committee.
Consolidated Edison’s second-quarter earnings fell by 19% to $152 million compared to the same period last year, despite an increase in revenue.
Avangrid reported second-quarter earnings of $110 million ($0.36/share), up slightly from $107 million ($0.35/share) in the same period in 2018.
A $63/ton carbon price could drive New York state's clean energy penetration to as high as 64% of the state’s resource mix by 2025.
NYISO locational-based marginal prices averaged $24.43/MWh in June, up slightly from $23.10/MWh in May, but down about 25% from the same month a year ago.
New York regulators approved a consumer awareness and incentive campaign for clean energy development in Westchester County.
Regulators from NYISO and PJM descended upon the historic Omni Homestead Resort in Hot Springs, Va., for the 24th annual MACRUC Education Conference.
Analysis Group’s Sue Tierney briefed NYISO’s Installed Capacity/Market Issues Working Group on the preliminary results of her firm’s carbon pricing study.
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