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Offshore wind needed for New York’s 50% energy goal, energy czar says

Offshore wind needed for New York’s 50% energy goal, energy czar says Price has long been an obstacle to U.S. offshore wind development, but Bloomberg notes that could change in coming years. A recently released University of Delaware study found that offshore wind costs could fall as much as 54% by 2030. If Massachusetts committed … Continue reading Offshore wind needed for New York’s 50% energy goal, energy czar says

N.Y. utilities seek new pricing plan for distributed energy

N.Y. utilities seek new pricing plan for distributed energy The local utility of the future will be home to more rooftop solar, smart grid technologies and independent energy service providers. But it will need something else, experts say — entirely new ways of pricing customer-supplied electricity supplies and conservation measures. The owner of several upstate … Continue reading N.Y. utilities seek new pricing plan for distributed energy

How New York ISO tariff changes for DR programs could save ratepayers millions

How New York ISO tariff changes for DR programs could save ratepayers millions e New York ISO will soon implement several changes to its scarcity pricing mechanism, bringing real-time price formation to demand response resources and potentially saving ratepayers millions of dollars. The grid operator proposed last year – and the Federal Energy Regulatory Commission … Continue reading How New York ISO tariff changes for DR programs could save ratepayers millions

Congestion reverses power price trends in New York ISO

Congestion reverses power price trends in New York ISO New York ISO Zone A West day-ahead wholesale power prices have bounced around this March as maintenance and generation outages have increased congestion in the region. This price volatility appears to have spilled onto the prompt-month forward power contract as the spread between West and other … Continue reading Congestion reverses power price trends in New York ISO

FERC greenlight changes to NYISO ‘s demand response pricing

FERC greenlight changes to NYISO’s demand response pricing Changes to demand response pricing had wide approval from generators and transmission owners, but New York Department of State’s Utility Intervention Unit said it was concerned about the efficiency of generation dispatch under the proposal. Regulators responded that gains in transparency and more accurate pricing signals trumped … Continue reading FERC greenlight changes to NYISO ‘s demand response pricing

NYISO POWER PRICES DIP ON CHEAPER NATURAL GAS, LIGHTER LOADS: REPORT

NYISO POWER PRICES DIP ON CHEAPER NATURAL GAS, LIGHTER LOADS: REPORT Houston (Platts)–15 Mar 2016 606 pm EDT/2206 GMT Lower natural gas prices and lighter loads pushed real-time wholesale power prices lower from January to February in the New York Independent System Operator, according to a report to be presented to stakeholders Thursday. Rana Mukerji, … Continue reading NYISO POWER PRICES DIP ON CHEAPER NATURAL GAS, LIGHTER LOADS: REPORT

STRONGER LOAD, NATURAL GAS BOOST NYISO PRICES IN JANUARY

STRONGER LOAD, NATURAL GAS BOOST NYISO PRICES IN JANUARY Stronger demand and higher natural gas prices boosted wholesale power prices from December to January in the New York Independent System Operator, but they were not higher than January 2015 prices, stakeholders learned Wednesday. During a NYISO Management Committee meeting, Rick Gonzales, senior vice president and … Continue reading STRONGER LOAD, NATURAL GAS BOOST NYISO PRICES IN JANUARY