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.

NYISO told stakeholders how pricing carbon would impact the ISO’s Tariff, and how it will handle residual allocations stemming from carbon charges.

NYISO released a Strategic Plan outlining how it will incorporate market and regulatory trends into its planning processes for 2019 to 2023.

New York Gov. Andrew Cuomo pledged to erase the state’s carbon footprint by 2040 and nearly quadruple its offshore wind energy goal to 9 GW by 2035.

NYISO locational-based marginal prices averaged $40.31/MWh in Dec., down by about 7% from Nov. and slightly more than 30% from the same month a year ago.

The working group charged with shepherding carbon pricing into New York’s wholesale electricity market discussed how to handle import/export transactions.