NY PSC
Rulings by the Public Service Commission will double New York’s existing 2025 storage goal and require the state’s utilities to reduce building energy use.
NYISO recommended its carbon pricing proposal no longer include emissions-free resources with existing REC contracts pay the LBMP carbon component.
NYISO said it would revise its carbon pricing proposal to enhance the bidding treatment for carbon-free resources and help prevent carbon leakage.
The New York Public Service Commission unanimously approved renewing Westchester County’s community choice aggregation program.
New York electricity market stakeholders reviewed three separate studies to evaluate the implications of a carbon charge in NYISO’s energy markets.
NYISO floated a plan to calculate the carbon pricing impact on locational-based marginal prices (LBMPc) using the social cost of carbon.
NYISO proposed a framework for billing carbon charges to New York energy suppliers to price greenhouse gas emissions in the market.
The New York DPS assured the PSC that utilities are prepared for the upcoming winter and that customers’ bills will be on par with last year’s.
NYISO floated a carbon pricing proposal that would leave importers and exporters to manage the risk of predicting carbon charges for real-time imports.
NYISO recommended steps to prevent suppliers from collecting double payments for carbon-emission reductions that have already been captured by renewable energy credit contracts.
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