A Brattle Group study found that a carbon charge would only slightly impact NY’s wholesale energy prices, with any increase offset by benefits.

Stakeholders debated a NYISO proposal to disqualify some holders of renewable energy credit contracts from getting paid carbon charges.

The NYISO BIC voted to approve a revised charter for the state’s IPPTF, the group exploring how to incorporate the cost of CO2 emissions into their markets.

NYISO’s release of draft carbon pricing recommendations sparked annoyance and frustration among some stakeholders.

NYISO said Monday that it could implement carbon pricing in New York’s wholesale electricity markets no earlier than the second quarter of 2021.

NYISO presented stakeholders details on how a carbon charge would affect locational-based marginal prices and imports and exports.

The impact of a carbon price would likely reverberate throughout New York’s wholesale electricity markets, industry experts said.

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

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.

NYISO is floating a proposal that would incorporate the social cost of carbon into the ISO’s wholesale market by debiting each energy supplier a uniform carbon emissions charge as part of its settlement.