New York
D.C. Circuit Court of Appeals
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.
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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 is moving to acquire the 18.4% stake in Avangrid that it does not already own in a $2.55 billion deal.
Shutterstock
FERC granted NYISO’s waiver request to update its installed capacity requirement for New York City in the 2024/25 capability year, which began May 1.
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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.
NYISO
New York has launched a process to maximize the use and effectiveness of flexible tools such as distributed energy resources and virtual power plants.
Shutterstock
FERC approved NYISO’s proposed tariff revisions that set rules for distributed energy resources seeking to participate in its markets, including a 10-kW minimum for individual resources to be included in an aggregation.
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Industry speakers at the 2024 New York Energy Summit told attendees the state has already missed its goal of 70% renewable energy by 2030 even as state officials maintained their optimism.
Siena College
The NYISO Management Committee approved tariff revisions for co-located storage resources and capacity accreditation models, reviewed annual satisfaction survey results, and received updates on board compensation and Order 2023.
Bechtel
The D.C. Circuit ruled in favor of FERC granting previously approved natural gas projects’ requests for an extension of their deadlines to bring the facilities online.
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