The overhaul of the electric industry in New York, Reforming the Energy Vision, will largely bar utility ownership of distributed energy resources.

Earnings from U.S. operations were a bright spot for Spanish utility conglomerate Iberdrola SA, as the company coped with the effects of slashed government subsidies for renewable energy in its home country.

NYISO must amend its Tariff to establish uniform rules for identifying and compensating reliability-must-run (RMR) generators, FERC ruled Thursday.

New York regulators have doubled the cap on the amount of solar energy the state’s utilities are required to purchase under its net metering program.