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By Michael Kuser NYISO’s Power Trends 2017 report shows an electric system of flat peak demand adapting under pressure from both public policy requirements and changes in consumption patterns. However, stark regional differences make the ISO “a tale of two grids,” CEO Brad Jones said in a media briefing on...
By Michael Kuser RENSSELAER, N.Y. — Significant natural gas price spreads between Western and Eastern New York in 2016 led to New York City generation being “more economic than in recent years,” Pallas LeeVanSchaick of Potomac Economics, director of NYISO’s Market Monitoring Unit, told the ISO’s Business Issues Committee on...
RENSSELAER, N.Y. — NYISO reported Wednesday that natural gas prices rose 73% in April year-on-year but were still “historically low.” Natural gas (Transco Z6 NY) in April cost $2.81/MMBtu, down from $3.49/MMBtu in March. In his Market Operations Report to the Business Issues Committee, Rana Mukerji, senior vice president for...
By Rich Heidorn Jr. ALBANY, N.Y. — At FERC’s technical conference May 1 and 2, several commenters observed that it is easier to coordinate state policy with wholesale markets when the market is a single state, as in NYISO. But there was no groupthink on display at the Independent Power...
ALBANY, N.Y. — About 200 industry stakeholders and state and NYISO officials discussed carbon policy, zero-emission credits, and other pressing and contentious issues at the Independent Power Producers of New York’s 31st Annual Spring Conference last week. Here’s some of what we heard. The Independent Power Producers of New York’s...
By Rich Heidorn Jr. ALBANY, N.Y. — NYISO’s plan to integrate carbon into its markets will test the independence of FERC under President Trump, speakers told the Independent Power Producers of New York’s 31st Annual Spring Conference last week. The IPPNY gathering came one week after a FERC technical conference...
ALBANY, N.Y. — Gov. Andrew Cuomo has nominated John Rhodes, CEO of the New York State Energy Research and Development Authority, to chair the Public Service Commission, NYSERDA Chairman Richard Kauffman said Wednesday. Rhodes | NYSERDA “John represents continuity,” Kauffman told several hundred attendees at the Independent Power Producers of...
By Rich Heidorn Jr. WASHINGTON — More than 50 stakeholders from PJM, NYISO and ISO-NE made their cases to FERC last week on how to resolve the increasing conflicts between state energy policies and wholesale markets. Many of those who testified also had appeared at the commission’s September 2013 technical...
By Michael Kuser and Rich Heidorn Jr. WASHINGTON — If the economists who testified at FERC’s technical conference last week agreed on nothing else, it is that a carbon adder is the simplest way for the power markets to value emission-free generation. New York is going to try and translate...
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