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July 22, 2024

New York Public Service Commission (NY PSC)

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New York Fine-Tuning its Market for Energy Storage 
New York state has the highest goal for installed energy storage but some of its market structures make it hard for the private sector to pursue those goals.
NYISO
FERC Accepts NYISO’s 17-Year Amortization Period Proposal
FERC approved NYISO’s proposed 17-year amortization period when calculating the annual costs for hypothetical fossil fuel peaker plants.
Michels Corporation
FERC Backstop Siting Proposal Runs into Opposition from States
FERC’s proposal to implement its backstop transmission siting authority from the Infrastructure Investment and Jobs Act ran into some opposition from states.
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NY Renewable Portfolio May Come up Short on Getting to Net Zero
Facing a possibility that it won't be able to generate enough energy with existing renewables, New York is considering more controversial forms of generation.
Con Edison
Con Ed Completes 300-MW Line for Cleaner NYC Grid
Consolidated Edison said it has energized the first piece of its Reliable Clean City initiative.
Shutterstock
NY Steps Up Planning for Medium- and Heavy-duty EVs
New York is laying the groundwork to develop the charging infrastructure needed for the larger EVs intended to replace conventional trucks and buses.
Shutterstock
NY PSC Approves $810M Con Ed Clean Energy Hub in Brooklyn
The New York Public Service Commission approved construction of a scaled-back version of Consolidated Edison’s proposed Clean Energy Hub in Brooklyn.
New York Utilities
NY Utilities’ Proposed Grid Planning Process Gets Tepid Reception
Stakeholders told the New York PSC that utilities’ proposed transmission planning framework could favor local upgrades over more efficient regional projects.
The White House
NY Utilities to Seek $900M from DOE
Six utilities have indicated they will apply for federal loans and grants totaling roughly $900 million made available from the IIJA and IRA.
FERC Dismisses Complaint over Con Ed Wholesale Distribution Rate
FERC denied Cubit Power One’s complaint against Con Ed, saying it did not provide evidence that the utility’s wholesale distribution service rate was unjust.

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