New York Independent System Operator (NYISO)
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.
NYISO announced that CEO Brad Jones has abruptly left the ISO after three years and that it has named General Counsel Robert Fernandez as interim CEO.
NYISO floated a carbon pricing proposal that would leave importers and exporters to manage the risk of predicting carbon charges for real-time imports.
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.
NYISO recommended steps to prevent suppliers from collecting double payments for carbon-emission reductions that have already been captured by renewable energy credit contracts.
NYISO experienced six days with peak loads of more than 31,000 MW this summer, compared with last summer’s actual peak of 29,677 MW.
A study suggests that New York’s effort to price carbon into its electricity market could result in reduced CO2 emissions from neighboring generators.
The 2nd U.S. Circuit Court of Appeals upheld New York’s zero-emission credits for nuclear generation, rejecting claims they intrude on FERC jurisdiction.
A Brattle Group study found that a carbon charge would only slightly impact NY’s wholesale energy prices, with any increase offset by benefits.
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