NYISO congestion costs surged in the second quarter despite lower electricity prices, gas price spreads and load levels, the Market Monitoring Unit said.

NYISO said several of its market design projects are behind schedule, leading some to question whether it has taken on more initiatives than it can handle.

The New York PSC kicked off a proceeding to examine how to reconcile NYISO’s resource adequacy programs with the state’s renewable energy and carbon goals.

NYISO approved manual changes to accommodate a new penalty scheme to improve the ISO’s ability to call on external capacity resources.

The Analysis Group will delay the release of a carbon pricing study expected to be completed this month, CEO Rich Dewey told the Management Committee.

A $63/ton carbon price could drive New York state's clean energy penetration to as high as 64% of the state’s resource mix by 2025.

NYISO locational-based marginal prices averaged $24.43/MWh in June, up slightly from $23.10/MWh in May, but down about 25% from the same month a year ago.

Regulators from NYISO and PJM descended upon the historic Omni Homestead Resort in Hot Springs, Va., for the 24th annual MACRUC Education Conference.

Analysis Group’s Sue Tierney briefed NYISO’s Installed Capacity/Market Issues Working Group on the preliminary results of her firm’s carbon pricing study.

NYISO stakeholders were divided on whether New York's ambitious climate bill necessitates increased skepticism on carbon pricing or urgency on the effort.