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
Among other news reported at the NYISO Business Issues Committee, year-to-date monthly energy prices averaged $34.89/MWh in October, a 4% increase.
Consolidated Edison’s Q3 earnings fell 8% to $457 million ($1.48/share), a drop the company attributed to changes in its rate plan and regulatory charges.
NRG
NRG Energy earned $171 million ($0.53/share) last quarter, compared with $402 million ($1.27/share) in the same period last year.
FERC denied NRG’s request for rehearing of an order concerning NYISO Tariff revisions intended to correct an inefficiency in the ISO’s capacity market.
NYISO
Joel Yu of Con Edison details the company's proposed reforms to NYISO's generator interconnection queue that he says will streamline new energy resources.
© RTO Insider
Stakeholders told New York and NYISO officials they are concerned about the transparency and aim of the process being laid out to integrate carbon pricing.
Climate Policy Initiative
The PJM Market Monitor estimated the DOE NOPR would cost ratepayers $32 billion/year if nuclear and coal units were all paid their full replacement value.
FERC denied Public Citizen’s request for rehearing on Entergy’s sale of the James A. FitzPatrick nuclear plant in New York to Exelon.
NYISO
The NYISO Management Committee approved proposed Tariff changes to define the role of inverter-based energy storage in providing synchronized reserves.
Avangrid Q3 earnings fell 9% to $99 million on weaker-than-expected wind production, which the company said was partially offset with improved operations.
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