NYISO Vice President of Operations Wes Yeomans told the Management Committee the ISO is prepared to meet peak demand this summer.

Electric reliability in New York state declined last year compared to 2016 because of a severe wind storm in March, staff told the NYPSC.

NYISO continues to propose a cost-levelizing approach for allocating carbon charge residuals to load-serving entities.

NYISO said Wednesday it is prepared to meet peak demand this summer, with a total of 42,169 MW of power resources available to cover an expected peak of 32,904 MW — 2.9% above the long-term average.

NYISO stakeholders are being asked to weigh in on how effectively the external Market Monitoring Unit is performing its duties before the ISO considers whether to renew its contract.

FERC granted Brookfield Energy Marketing a one-time NYISO Tariff waiver allowing the company to avoid paying a penalty for a clerical error.

FERC denied a complaint from the New Jersey BPU to reallocate the Bergen-Linden Corridor project’s costs, leaving PSEG to pay for most of it.

The NYISO / NY DPS IPPTF learned that New York’s adoption of carbon pricing will likely increase the state’s wholesale energy prices and decrease prices for zero-emission credits.

National Grid said its yearly earnings increased 4% to $4.73 billion, mainly reflecting the strong performance of the company’s U.S. business.

NYISO power prices averaged $35/MWh in April, up from $29.91/MWh in March and $31.06/MWh the same month a year ago.