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By William Opalka ALBANY, N.Y. — Standard utility rate cases in New York can now be expected to include innovative rate designs and programs to encourage energy efficiency and clean energy technologies following Tuesday’s action by the Public Service Commission. In its approval of the three-year Consolidated Edison rate plan...
By Rich Heidorn Jr. FERC last week approved NYISO’s revised demand curves but said the ISO must eliminate the assumption that new peaking plants in the New York Control Area (NYCA) will require emissions controls (ER17-386). The Jan. 17 order approved NYISO’s Nov. 18 proposal on all but one of...
FERC on Thursday accepted a settlement that replaces the New York Power Authority’s stated transmission rates with a cost-of-service formula including a base return on equity of 8.95%. NYPA will receive an additional 50 basis points for its participation in NYISO (ER16-835). Lineman on transmission pole | New York Power...
By William Opalka New York Gov. Andrew Cuomo has proposed the development of 2,400 MW of offshore wind generation off Long Island by 2030, the largest commitment to that energy source in the U.S. Cuomo said the roadmap for developing offshore wind projects will be laid out in a master...
By William Opalka Upstate nuclear power plants will start earning additional revenue for their carbon-free attributes in April as New York becomes the first state in the nation to offer the industry a lifeline. The zero-emission credit program, adopted Aug. 1, was but one of a dizzying blitz of policy...
By William Opalka The New York Public Service Commission turned aside numerous challenges to its adoption of a Clean Energy Standard and its subsidy for upstate nuclear power generators, rejecting 17 petitions for rehearing and/or reconsideration. Most of the petitions were dismissed by the commission. Several others, regarding “eligibility issues”...
By William Opalka RENSSELAER, N.Y. — The NYISO Management Committee on Wednesday approved an agreement with PJM to end the 1,000-MW Con Ed-PSEG wheel next year while maintaining an operational base flow (OBF) of 400 MW that will be reduced to zero by 2021. Consolidated Edison said it would not...
By Rory D. Sweeney VALLEY FORGE, Pa. — PJM proposed modifying an initiative on spot-in transmission by expanding it to all borders. The proposal came despite reservations from Vitol’s Joe Wadsworth, who had won approval for a problem statement and issue charge specific to transactions between NYISO and PJM. (See...
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