By Michael Kuser New gas-fired and dual-fuel generation coming online in the next few years will be enough to maintain reliability after the 2,311-MW Indian Point nuclear plant shuts down completely in 2021, NYISO said Wednesday. An ISO report assessing the reliability needs arising from the staggered closure of Indian...

RENSSELAER, N.Y. — NYISO year-to-date monthly energy prices averaged $34.72/MWh in November, a 5% increase from a year earlier, Senior Vice President for Market Structures Rana Mukerji told the ISO’s Business Issues Committee (BIC) on Wednesday. Locational-based marginal prices (LBMPs) averaged $30.60/MWh for the month, up 8% from October and...

By Michael Kuser ALBANY, N.Y. — When pricing carbon into the wholesale electricity markets, remember to keep it simple. Also: avoid unintentional emissions increases, mind the transmission needed, incent new renewable resources, abate emissions efficiently without hurting consumers, allocate revenues fairly, and leave the legal hassles for the due processes...

By Amanda Durish Cook INDIANAPOLIS — Two topics dominated the discussion this week among industry leaders, RTO officials and transmission planners attending EUCI’s Transmission Expansion in the Midwest conference. One: The region must focus its transmission expansion efforts on moving wind output from vast resource areas in the west to...

By Michael Kuser NYISO has developed a three-phase approach to opening its wholesale electricity market to storage resources, the ISO said Monday upon release of a comprehensive energy storage report describing the plan. The plan will complement whatever energy storage target New York regulators set later this month for the...

New York’s electric system has the capacity to meet demand for electricity during extreme cold weather conditions through the 2017-2018 winter season, according to NYISO. The ISO forecasts peak demand this winter of 24,365 MW, slightly higher than the 24,164-MW peak of last winter, when weather was milder than the...

By Michael Kuser NYISO third-quarter energy prices fell 16 to 30% compared with the same period a year ago because of mild summer conditions, lower natural gas prices and higher output from nuclear and hydropower plants, the ISO’s Market Monitoring Unit reported last week. Reduced congestion into Long Island and...

FERC on Tuesday approved NYISO’s request for a 30-day extension for submitting additional reliability-must-run tariff revisions. The ISO must now file the changes no later than Jan. 16, 2018 (ER16-120). NYISO had appealed for more time to consider directives the commission set out in a Nov. 16 order, which largely...

By Michael Kuser New York is fine-tuning plans for meeting its 2030 renewable energy target and closing the books on the energy efficiency programs that it has used since 2008. The New York Public Service Commission earlier this month approved orders implementing the second phase of the state’s Clean Energy...

By Michael Kuser ALBANY, N.Y. — The planning for pricing carbon into NYISO’s markets should be more clearly defined, stakeholders told ISO and New York state officials Monday. A good starting point: clarify the charter for the state’s Integrating Public Policy Task Force (IPPTF), some stakeholders contended. “The problem we’re...