NYISO

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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.

The New York PSC approved a slight increase to the amount of reserve resources that load-serving entities must have available for the upcoming capability year.

NYISO on Tuesday formally announced that the 2023 Class Year study was launched with between 80 and 90 projects participating.

NYISO briefed the Installed Capacity/Market Issues Working Group on its efforts to improve capacity accreditation.

NYPSC won praise for its implementation of a law to speed up transmission development, but parties said much work remains in order to meet clean energy goals.

New York must make a significant workforce investment for the state’s clean energy transition: 200,000 new workers are needed, advocates say.

New York regulators authorized the Champlain Hudson Power Express to begin construction on the line, which will deliver Canadian hydropower to New York City.

CEO Rich Dewey said NYISO is focused on transitioning the state’s grid from high-polluting resources to renewables without compromising reliability.

Consolidated Edison released its 2022 earnings report showing that it earned $1.66 billion in net income, about $300 million, or 23%, more than in 2021.

The New York Public Service Commission approved 62 transmission upgrades with a combined capacity of 3.5 GW and an estimated cost of $4.4 billion.