NYISO achieved a wind energy record of 1,574 MW at around noon on March 2, representing 9% of the state’s power generation.

In its approval of the Consolidated Edison rate plan, the New York PSC also passed an order that advanced the Reforming the Energy Vision initiative.

The NYISO Management Committee approved an agreement with PJM to end the 1,000-MW Con Ed-PSEG wheel next year while maintaining an operational base flow of 400 MW.

Rockland Electric argues that the PJM proposal to allow aggregation of seasonal resources won't help demand response and solar resources.

At last week's PJM Operating Committee, PJM and NYISO released last week their joint whitepaper on replacing the Con Ed-PSEG wheel, which will end May 1.

PJM will hold a meeting Monday to seek stakeholder input on options for replacing the Con Ed-PSEG “wheel.” NYISO meeting in September.

Exelon is buying the Consolidated Edison (Con Ed) retail energy business as it continues its efforts to hedge against falling wholesale power prices.

PJM is using a three-pronged approach to prepare for next year’s termination of the Con Ed-PSEG wheel.

Stakeholders ask FERC to revisit its ruling approving solution-based DFAX cost allocation for the Artificial Island and Bergen-Linden Corridor projects.

Con Ed will stop using the “PSEG wheel” next April, following through on a promise it made late last year in a dispute with PJM.