New York
Rulings by the Public Service Commission will double New York’s existing 2025 storage goal and require the state’s utilities to reduce building energy use.
NYISO recommended its carbon pricing proposal no longer include emissions-free resources with existing REC contracts pay the LBMP carbon component.
New York officials and stakeholders discussed onshore wind power in the state at a summit hosted by the New York State Laborers’ Organizing Fund.
NYISO said it would revise its carbon pricing proposal to enhance the bidding treatment for carbon-free resources and help prevent carbon leakage.
The New York Public Service Commission unanimously approved renewing Westchester County’s community choice aggregation program.
New York electricity market stakeholders reviewed three separate studies to evaluate the implications of a carbon charge in NYISO’s energy markets.
NYISO floated a plan to calculate the carbon pricing impact on locational-based marginal prices (LBMPc) using the social cost of carbon.
The New York DPS assured the PSC that utilities are prepared for the upcoming winter and that customers’ bills will be on par with last year’s.
Carbon pricing, challenges for new renewables and funding for energy storage initiatives topped the discussion at the conference of the ACE NY.
NYISO locational-based marginal prices averaged $38.70/MWh in September, down from $42.56/MWh in August but up 31% from the same month a year ago.
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