NYISO energy prices sank to 11-year lows during the first quarter, ranging from $15 to $35/MWh, according to the MMU’s State of the Market report.

Meeting New York’s ambitious goal of reaching 100% emissions-free electricity will require an “astonishing” 80 GW of new generation by 2040.

NYISO plans to devote one day a month for stakeholders to discuss reliability and market issues related to integrating clean energy resources.