NYISO
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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.
NYISO last month incorporated additional 115-kV transmission facilities in its energy market model, COO Rick Gonzales told the Management Committee.
NYISO told stakeholders how pricing carbon would impact the ISO’s Tariff, and how it will handle residual allocations stemming from carbon charges.
NYISO released a Strategic Plan outlining how it will incorporate market and regulatory trends into its planning processes for 2019 to 2023.
The New York Public Service Commission ruled that JFK Airport could have a solar project up to 5 MW compensated under the VDER program.
New York Gov. Andrew Cuomo pledged to erase the state’s carbon footprint by 2040 and nearly quadruple its offshore wind energy goal to 9 GW by 2035.
NYISO
NYISO locational-based marginal prices averaged $40.31/MWh in Dec., down by about 7% from Nov. and slightly more than 30% from the same month a year ago.
The working group charged with shepherding carbon pricing into New York’s wholesale electricity market discussed how to handle import/export transactions.
Several power producers joined the Electric Power Supply Association in petitioning the U.S. Supreme Court to review appellate court rulings upholding the New York and Illinois zero-emission credit programs.
Potomac Economics
FERC accepted NYISO’s Order 844 filing, which establishes procedures for reporting uplift payments, operator-initiated commitments and more.
Gov. Cuomo
Gov. Andrew Cuomo’s energy efforts will build on New York's progress, which included a carbon pricing proposal, energy storage programs and offshore wind.
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