National Grid said its yearly earnings increased 4% to $4.73 billion, mainly reflecting the strong performance of the company’s U.S. business.

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.

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.

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.

FERC should let RTO stakeholder processes work and not issue broad and costly new mandates on grid resilience, commenters told the commission.

FERC denied Bayonne Energy Center a waiver of several NYISO Tariff provisions, which the plant said it needed to enter the ISO’s June capacity auction.

Consolidated Edison’s (Con Ed) Q1 2018 earnings jumped more than 10% on an increased rate base and a weather-related boost in steam revenues.

Preliminary results from a biennial NYISO study show high congestion in three areas of the New York bulk power system.

The New York ISO (NYISO) faces increasing penetration of intermittent distributed energy resources (DER), declining load, all-time low energy prices and the need to replace aging generation.