New York Independent System Operator (NYISO)
NYISO proposed a framework for billing carbon charges to New York energy suppliers to price greenhouse gas emissions in the market.
Infocast’s inaugural Storage East summit drew policymakers, grid operators, utilities and companies looking to break into energy storage.
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 announced that CEO Brad Jones has abruptly left the ISO after three years and that it has named General Counsel Robert Fernandez as interim CEO.
NYISO floated a carbon pricing proposal that would leave importers and exporters to manage the risk of predicting carbon charges for real-time imports.
Carbon pricing, challenges for new renewables and funding for energy storage initiatives topped the discussion at the conference of the ACE NY.
NYISO recommended steps to prevent suppliers from collecting double payments for carbon-emission reductions that have already been captured by renewable energy credit contracts.
NYISO locational-based marginal prices averaged $38.70/MWh in September, down from $42.56/MWh in August but up 31% from the same month a year ago.
NYISO experienced six days with peak loads of more than 31,000 MW this summer, compared with last summer’s actual peak of 29,677 MW.
A study suggests that New York’s effort to price carbon into its electricity market could result in reduced CO2 emissions from neighboring generators.
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