Con Ed’s profits fell nearly 12% in the first quarter and attributed the decline to the effects of the economic shutdown and unusually warm weather.

The COVID-19 pandemic might not have impacted Eversource’s first-quarter earnings, but it is affecting it as a utility and developer of offshore wind energy projects.

PJM’s Monitor defended a conclusion that ratepayers are likely to see cost increases in jurisdictions that exit the capacity market and adopt the FRR option.

The New York Public Service Commission granted NYSERDA’s January petition to solicit up to 2,500 MW of offshore wind energy this year.

FERC granted NYISO a waiver of the Tariff language defining a public power entity, extending the definition to cover any government entity.

NYISO stakeholders explored detailed assumptions and modeling descriptions for an upcoming study on transitioning the New York grid to a cleaner future.

Getting the New York legislature to pass a budget amendment to create the proposed Office of Renewable Energy Permitting is the top priority for ACE NY.

Avangrid expects to begin construction this year on the New England Clean Energy Connect transmission project despite a potential referendum in Maine.

New York Gov. Andrew Cuomo announced a push to amend this year’s state budget to speed up the permitting and construction of renewable energy projects.

FERC narrowed the resources exempt from NYISO’s buyer-side market power mitigation rules, ordering the ISO to subject storage and DR to a minimum offer floor.