NY PSC
New York state has the highest goal for installed energy storage but some of its market structures make it hard for the private sector to pursue those goals.
The New York Public Service Commission approved construction of a scaled-back version of Consolidated Edison’s proposed Clean Energy Hub in Brooklyn.
Stakeholders told the New York PSC that utilities’ proposed transmission planning framework could favor local upgrades over more efficient regional projects.
Thirteen years after the Champlain Hudson Power Express was proposed, the first shipment of HVDC cable needed to build it arrived in New York on Thursday.
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.
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 regulators authorized the Champlain Hudson Power Express to begin construction on the line, which will deliver Canadian hydropower to New York City.
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.
The price of New York ZECs is set to fall 14% for the next two years after the agency that administratively sets the price issued its biennial price adjustment.
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