Rich Dewey
Industry speakers at the 2024 New York Energy Summit told attendees the state has already missed its goal of 70% renewable energy by 2030 even as state officials maintained their optimism.
Transmission development and siting reform were a central theme at the 2024 New York Energy Summit.
While their net-zero emission targets might not kick in until the 2030s, the power industry already is dealing with the issues they create, panelists said at the Electric Power Supply Association’s Competitive Power Summit.
NYISO CEO Rich Dewey highlighted efficiency improvements and the challenges of the continued electrification at the Jan. 31 MC meeting.
NYISO's Management Committee voted to not conduct another cost-of-service study to update rate schedule 1 allocations, while CEO Rich Dewey announced the ISO would search for a replacement for Ave M. Bie.
New York City faces a 446-MW shortfall in 2025 because of plant retirements and the delayed completion of the Champlain Hudson Power Express, NYISO said.
NYISO CEO Rich Dewey presented the ISO's annual Power Trends report, noting that shrinking reliability margins could force fossil fuel plant retirement delays.
CEO Rich Dewey said NYISO is focused on transitioning the state’s grid from high-polluting resources to renewables without compromising reliability.
NYISO rebuked NextEra Energy for attempting to lobby the grid operator to award it transmission projects to connect offshore wind projects to Long Island.
NYISO officials said Wednesday they will begin stakeholder discussions early next year on revising the interconnection process to make it more efficient.
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