Media Coverage

Oct. 07, 2019 | A recently adopted state law requires New York to achieve a 100% emissions-free electric grid by 2040 and a carbon-free economy by 2050. They are the most aggressive climate change goals by any state in the nation.

Oct. 04, 2019 | Introducing carbon pricing into competitive wholesale power markets could provide billions of dollars in net economic benefits, the New York Independent System Operator (NYISO) said Thursday.

Oct. 03, 2019 | The head of the state’s independent grid operator said he hopes Gov. Andrew Cuomo’s administration will take note of the potential of exporting carbon pricing beyond New York in considering whether to back the proposal. “You can’t really leave any tools in the toolbox if we’re really going to aggressively target these goals,” said New York Independent System Operator President and CEO Rich Dewey on a call with reporters.

Oct. 03, 2019 | A statewide wholesale carbon tax would initially cost consumers a few dollars more per month but it should lower prices over the long term, according to a report conducted for the organization that runs New York’s energy grid.

Oct. 03, 2019 | New York's grid operator is making what amounts to a closing argument to policymakers in its bid to put a price on CO2 emissions from the power sector. In a final report being released today, the New York Independent System Operator says pricing CO2 would boost renewable energy development, encourage switching fossil fuel-based heating and cooling systems to electricity, and spur the expansion of electric vehicle charging infrastructure.

Oct. 03, 2019 | Pricing carbon dioxide emissions into the New York Independent System Operator's wholesale power markets could reduce statewide gas use in the power sector up to 7.8% by 2030, analysis released Thursday said.

Oct. 03, 2019 | Charging power generators a carbon price could help New York meet its goal of 100% emissions-free electricity by 2040, according to a study released Oct. 3.

Sep. 12, 2019 | The New York State Energy Research and Development Authority said Thursday Key Capture Energy has completed a 20-MW battery energy storage installation, the state's largest to date, making progress toward legislation that mandates 3,000-MW of energy storage capacity by 2030.

Sep. 02, 2019 | NYISO congestion costs surged during the second quarter despite lower electricity prices, gas price spreads and load levels, according to the Market Monitoring Unit.

Aug. 28, 2019 | The New York Independent System Operator, which oversees the state's high-voltage electrical grid and wholesale power markets, has launched its own podcast called Power Trends that includes interviews with top executives. The two episodes released so far are available on the NYISO web site and NYISO's YouTube channel. The podcast launch coincides with the publishing of a new 12-page e-book by the NYISO last week on its web site.

Aug. 28, 2019 | Average annual daily temperatures in New York have been increasing about 0.7 degree Fahrenheit per decade, with summer arriving earlier and lasting longer, which is creating challenges in forecasting power demand, according to a presentation given to the New York grid operator.

Aug. 24, 2019 | Although job growth is slowing down and the jobless rate is rising in the Capital Region, local companies still have to mount a herculean effort to fill key jobs.

Aug. 20, 2019 | The New York Independent System Operator is pursuing several power market design changes similar to those underway or completed at the other regional ISO's, including potential fuel security enhancements, shortage pricing and enhanced fast-start pricing, the grid operator said in a Tuesday update.

Aug. 19, 2019 | Renewable energy weather forecasting requires more sophisticated algorithms and analysis as solar and wind penetration increases and grid operators in the U.S. are preparing for that probability.

Aug. 13, 2019 | New York energy policies have laid out a range of requirements and priorities, and regulators say they want to ensure the interrelated systems that are in place are working efficiently towards the same goals.

Jul. 29, 2019 | In a new report, Resources for the Future, a nonprofit research group, found that pricing the cost of carbon dioxide emissions into New York's wholesale electricity markets through a carbon adder or a new cap-and-trade program could help the state meet its ambitious clean energy mandates with little impact on consumer prices.

Jul. 23, 2019 | NYISO's effort to price carbon into it's wholesale markets could help New York achieve its ambitious clean energy goals, but the policy would benefit from a boost in the social cost of carbon (SCC) or additional programs, according to a study released Tuesday.

Jul. 18, 2019 | A new law signed Thursday by New York Gov. Andrew Cuomo sets the nation’s most aggressive targets for reducing carbon emissions and is intended to drive dramatic changes over the next 30 years.

Jul. 10, 2019 | The New York Independent System Operator is evaluating market design elements as part of its More Granular Operating Reserves project, which seeks to ensure effective pricing of energy and ancillary services products to reflect system conditions as more renewable generation is built.

Jul. 03, 2019 | Replacing New York's fleet of less efficient peaking units with energy storage systems and renewables will be key to achieving the state's clean energy goals.