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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.
New York transmission owners will be eligible for full cost recovery when regulated backstop solution reliability projects are canceled, FERC said.
NYISO experienced a peak load of 31,293 MW on July 2, the highest demand so far this summer but falling far short of the all-time peak of 33,956 MW.
FERC granted NYISO a temporary Tariff waiver to allow it to reserve 256 MW of transmission congestion contracts for load-serving entities (LSEs).
At what point will a New York offshore wind bid become firm and binding? And how will state agencies ensure a project delivers promised benefits?
Anbaric Development Partners' Conant and Knobloch spoke to RTO Insider about the company's efforts to develop open access offshore wind transmission grids.
FERC declined to extend the 10-year pilot license for the proposed Verdant Power 1,050-kW Roosevelt Island Tidal Energy Project.
NYISO said Monday that it could implement carbon pricing in New York’s wholesale electricity markets no earlier than the second quarter of 2021.
The New York Public Service Commission (NYPSC) voted unanimously to authorize state agencies to procure 800 MW of offshore wind energy by next year.
The NYISO Business Issues Committee voted in favor of changing how the ISO reports on historic transmission congestion.
NYISO presented stakeholders details on how a carbon charge would affect locational-based marginal prices and imports and exports.
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