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April 28, 2024

New York Transco

Propel NY Energy
New York PSC Seeks Rehearing of RTO Adder for Offshore Tx Project
The New York Public Service Commission requested a rehearing of FERC’s December order granting a 50-basis-point RTO participation adder for the Propel NY Energy transmission project.
New York Transco
FERC Approves Incentives for NY OSW Transmission
FERC approved transmission rate incentives for New York Transco’s Propel NY Energy project, but ordered settlement proceedings on its proposed base ROE of 10.7%  
NYISO
NYISO Stakeholders Propose Three Areas for Public Policy Transmission
NYISO stakeholders urged "public policy" transmission upgrades upstate, downstate and along the Pennsylvania border during the ISO’s 60-day comment period.
NYPSC OKs Clean Energy Programs, Local Transmission Planning
The New York Public Service Commission approved several programs to speed up the state’s transition to renewable energy.
NYPSC OKs $400 Million Debt for Upstate Tx Project
New York regulators agreed to allow the New York Transco consortium of utilities to borrow $400 million to upgrade transmission lines across the state.
NYISO Board Selects 2 AC Public Policy Tx Projects
NYISO’s Board of Directors selected two transmission projects intended to address persistent congestion and deliver renewable energy to population centers.
Downstate NY to Pay 90% of AC Tx Projects
FERC approved NYISO Tariff revisions ordering downstate residents to pay 90% of the cost of AC transmission projects stemming from public policy needs.
NY Transco Chief: Tx Buildout ‘A Marathon, not a Sprint’
Speaking at IPPNY’s fall conference, New York Transco President Stuart Nachmias said the state's ambitious transmission development plan will not be implemented quickly.
Atlantic Sunrise Gets Preliminary Approval
FERC staff released a draft environmental impact statement on Williams Partners’ Atlantic Sunrise Project; comments due by June 27th.
FERC OKs Settlement for NY TOTS Projects
FERC approved a settlement for three transmission projects intended as contingencies for the potential closure of the Indian Point nuclear power plant.

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