The impact of a carbon price would likely reverberate throughout New York’s wholesale electricity markets, industry experts said.

Electric reliability in New York state declined last year compared to 2016 because of a severe wind storm in March, staff told the NYPSC.

NYISO continues to propose a cost-levelizing approach for allocating carbon charge residuals to load-serving entities.

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.

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.

The New York Public Service Commission approved a seven-year tariff for the Consolidated Edison (Con Ed) electric vehicle (EV) quick-charging station program and other REV initiatives.

The New York PSC ruled that upstate municipal power authorities can charge higher electricity rates to cryptocurrency companies.

The 2nd U.S. Circuit Court of Appeals heard oral arguments in an appeal of a judge’s decision to dismiss a suit against New York’s ZEC program.

FERC rejected the New York PSC request to rehear a November 2017 decision granting NextEra Energy a 50-basis-point adder for participating in NYISO.