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November 28, 2024

New York

Eversource Q1 Earnings Unfazed by Pandemic
The COVID-19 pandemic might not have impacted Eversource’s first-quarter earnings, but it is affecting it as a utility and developer of offshore wind energy projects.
PJM Monitor Defends FRR Analyses in MOPR Debate
PJM’s Monitor defended a conclusion that ratepayers are likely to see cost increases in jurisdictions that exit the capacity market and adopt the FRR option.
NYPSC Greenlights 2,500-MW Offshore Wind RFP
The New York Public Service Commission granted NYSERDA’s January petition to solicit up to 2,500 MW of offshore wind energy this year.
FERC Grants NYISO Public Power Definition Waiver
FERC granted NYISO a waiver of the Tariff language defining a public power entity, extending the definition to cover any government entity.
N.Y. Looks at Grid Transition Modeling, Reliability
NYISO stakeholders explored detailed assumptions and modeling descriptions for an upcoming study on transitioning the New York grid to a cleaner future.
NY Renewable Supporters Push for New Siting Agency
Getting the New York legislature to pass a budget amendment to create the proposed Office of Renewable Energy Permitting is the top priority for ACE NY.
Avangrid Optimistic on NECEC, OSW
Avangrid expects to begin construction this year on the New England Clean Energy Connect transmission project despite a potential referendum in Maine.
Cuomo Proposes Streamlining NY’s Renewable Siting
New York Gov. Andrew Cuomo announced a push to amend this year’s state budget to speed up the permitting and construction of renewable energy projects.
FERC Narrows NYISO Mitigation Exemptions
FERC narrowed the resources exempt from NYISO’s buyer-side market power mitigation rules, ordering the ISO to subject storage and DR to a minimum offer floor.
NYPSC Expands Energy Efficiency, Indexes RECs
The New York PSC committed an additional $2 billion to energy efficiency and building-electrification programs and created an index renewable energy credit.

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