By William Opalka Carbon dioxide allowance prices dropped 22% at the 34th Regional Greenhouse Gas Initiative auction on Wednesday, renewing calls from environmentalists to tighten emission limits in the nine-state compact. Nearly 14.8 million allowances were sold at a clearing price of $3.55, down from the $4.54 they netted in...

By William Opalka FERC on Wednesday approved Exelon’s acquisition of the troubled James A. FitzPatrick nuclear plant in New York, rejecting a protest that its review should have included the impact of a state-mandated ratepayer subsidy (EC16-169). Plant owner Entergy told New York officials that without the $110 million sale,...

By William Opalka Millennium Pipeline has taken New York to federal court to force action on a gas line needed for an under-construction power plant entangled in a corruption scandal (16-1415). In a 32-page brief filed Monday with the D.C. Circuit Court of Appeals, the company says the state Department...

By William Opalka Eighteen years after opening retail electric and gas choice, New York regulators concluded Friday that the initiative has failed, launching a proceeding that could bar energy service companies (ESCOs) from operating in the state. “After considerable experience with the offering of retail service to mass-market customers by...

By William Opalka The New York environmental group Hudson River Sloop Clearwater sued New York regulators on Wednesday over their subsidies for upstate nuclear power plants. Manna Jo Greene | Hudson River Sloop Clearwater Inc. Clearwater wants the court to vacate the “Tier 3” requirement included in the state’s Clean...

By William Opalka New York’s highest court ruled Monday that the Indian Point nuclear plant is subject to state coastal waters rules — a potential hurdle in Entergy's bid to extend the plant's operating licenses. The unanimous Court of Appeals ruling said that Entergy must obtain a Department of State...

By Rory D. Sweeney NYISO and PJM are finding that coordinating transmission across their border is not simple. After an effort to make it easier for traders to schedule imports from New York failed at the Nov. 2 Market Implementation Committee meeting, stakeholders will resume efforts at a special MIC...

The NYISO Board of Directors on Tuesday upheld the Management Committee’s vote to cap capacity payments in the constrained Lower Hudson Valley and New York City zones. Zone Map | NYISO The board’s Nov. 15 order rejected an appeal by the Independent Power Producers of New York. The association sought...

By William Opalka ALBANY, N.Y. — The New York Public Service Commission on Thursday approved Entergy’s sale of the James A. FitzPatrick nuclear plant  to Exelon, a transaction needed to prevent the plant’s imminent closure (16-E-0472). A year ago, Entergy announced it would close the money-losing plant in early 2017.

By William Opalka New York’s generators have appealed to the NYISO Board of Directors to reject a rule change that would effectively cap capacity payments received by generators in a constrained zone. | Independent Power Producers of New York The Independent Power Producers of New York filed its appeal Nov.