NYISO
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The New York Independent System Operator Inc., a not-for-profit regional transmission owner, is responsible for operating New York's bulk electrical grid, administering the state's wholesale electricity markets, maintaining grid stability, and ensuring the reliability and planning of the state's bulk energy system.
NYISO floated a carbon pricing proposal that would leave importers and exporters to manage the risk of predicting carbon charges for real-time imports.
Carbon pricing, challenges for new renewables and funding for energy storage initiatives topped the discussion at the conference of the ACE NY.
NYISO locational-based marginal prices averaged $38.70/MWh in September, down from $42.56/MWh in August but up 31% from the same month a year ago.
NYISO recommended steps to prevent suppliers from collecting double payments for carbon-emission reductions that have already been captured by renewable energy credit contracts.
Climate change could have catastrophic effects sooner than previously thought, according to a new report by the U.N.’s IPCC.
NYISO experienced six days with peak loads of more than 31,000 MW this summer, compared with last summer’s actual peak of 29,677 MW.
A study suggests that New York’s effort to price carbon into its electricity market could result in reduced CO2 emissions from neighboring generators.
The 2nd U.S. Circuit Court of Appeals upheld New York’s zero-emission credits for nuclear generation, rejecting claims they intrude on FERC jurisdiction.
A Brattle Group study found that a carbon charge would only slightly impact NY’s wholesale energy prices, with any increase offset by benefits.
The evolving challenges of grid resilience and the past and future of New York’s REV took center stage at the 33rd Annual IPPNY Fall Conference.
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