NYISO proposed a framework for billing carbon charges to New York energy suppliers to price greenhouse gas emissions in the market.

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.

The LIPA proposal to exempt “beneficial electrification” from a carbon price received a mixed reaction Monday at a meeting of New York's IPPTF.

The NYISO BIC voted to approve a revised charter for the state’s IPPTF, the group exploring how to incorporate the cost of CO2 emissions into their markets.

NYISO presented stakeholders details on how a carbon charge would affect locational-based marginal prices and imports and exports.

Soaring natural gas prices, customer satisfaction and credit requirements were all on the agenda during a meeting of NYISO’s Management Committee.

NYISO year-to-date monthly energy prices averaged $34.72/MWh in November, a 5% increase from a year earlier.

NYISO third-quarter energy prices fell 16 to 30% versus a year ago due to falling electricity demand and lower natural gas costs according to the ISO’s MMU.

NYISO locational-based marginal prices (LBMPs) have averaged $36.35/MWh for the year through July, a 12% increase from a year earlier.

At the NYISO Management Committee, the RTO said that it declared a major emergency on May 21 after the loss of 1,000 MW of generation in ISO-NE.