NYISO said it has commissioned Analysis Group to model the social cost of carbon in order to finalize a carbon pricing scheme for its electricity markets.

The NYISO Management Committee reviewed a new analysis for selection of two AC transmission projects to improve transfer capability into NYC.

Declining costs and new market rules are opening opportunities for energy storage, but the technology’s operating characteristics are challenging RTOs.

NYISO locational-based marginal prices averaged $50.93/MWh in January, up by about 25% from December and down around 50% from the same month a year ago.

Vineyard Wind announced it has partnered with Anbaric Development Partners in proposing 1,200 MWs of offshore wind in response to a NYSERDA solicitation.

FERC approved NYISO’s proposed Tariff revisions “to clarify, streamline and enhance” its public policy transmission planning process.

New York regulators authorized utilities to spend $31.6 million to build fast-charging EV stations and recover costs from ratepayers over seven years.

NYISO stakeholders debated that carbon pricing could occasionally leave New York electricity consumers paying into the carbon revenue account.

NYISO stakeholders learned that pricing carbon into the wholesale energy market would have little effect on corporate credit rules.

NYISO last month incorporated additional 115-kV transmission facilities in its energy market model, COO Rick Gonzales told the Management Committee.