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.
PJM
FERC denied a complaint from the New Jersey BPU to reallocate the Bergen-Linden Corridor project’s costs, leaving PSEG to pay for most of it.
© RTO Insider
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.
National Grid said its yearly earnings increased 4% to $4.73 billion, mainly reflecting the strong performance of the company’s U.S. business.
Potomac Economics
NYISO power prices averaged $35/MWh in April, up from $29.91/MWh in March and $31.06/MWh the same month a year ago.
About 194,000 customers in New York were without electric power in the state after a series of thunderstorms hit on May 15, according to the NYPSC.
NOAA
FERC will be closely monitoring ERCOT and Southern California this summer as most of the country faces the likelihood of above-normal temperatures.
Occidental Chemical
FERC will review how it enforces the 1978 Public Utility Regulatory Policies Act (PURPA), with the commission’s treatment of the 1-mile rule a likely focus.
Brattle Group
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.
FERC should let RTO stakeholder processes work and not issue broad and costly new mandates on grid resilience, commenters told the commission.
© RTO Insider
Industry stakeholders gathered in Albany for the Independent Power Producers of New York (IPPNY) Spring Conference for an update on the rapid changes in the state's grid.
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