New York legislature’s push to create energy storage programmes and targets welcomed by industry US-based trade industry groups NY-BEST and the Energy Storage Association, have welcomed the passing of bills in New York providing a framework for the state’s regulator to establish an energy storage deployment programme. Last week, New York State Legislature unanimously passed … Continue reading #New_York legislature’s push to create energy storage programmes and targets welcomed by industry→
Platts: Cheap gas, nuclear energy depress NYISO prices Energy prices fell slightly in May, as New York’s nuclear generation rose and fuel prices remained moderate. Looking ahead, the grid operator expects to have adequate supplies—though it will face a spike in demand this year. New York ISO says peak demand this summer will reach 33,178 … Continue reading Platts: Cheap gas, nuclear energy depress NYISO prices→
The state of wholesale power markets: What’s wrong with proposed changes in Eastern RTOs? In part one of this series, we discussed why generators are struggling to make ends meet in wholesale power markets, summarizing the reason for low revenues in one word: overcapacity. In many markets, oversupply is chasing after flat or decreasing demand. … Continue reading The state of wholesale power markets: What’s wrong with proposed changes in Eastern RTOs?→
Cheaper fuel, surging nukes weaken NYISO prices in May: report Weaker fuel prices and stronger nuclear output outweighed heavier loads to push New York Independent System Operator real-time load-weighted average prices lower in May, compared with April, according to a report to be presented Wednesday to NYISO’s Business Issues Committee. NYISO’s real-time load-weighted average locational … Continue reading Cheaper fuel, surging nukes weaken NYISO prices in May: report→
New York Senate narrowly passes bill to reallocate funds for nuclear subsidies New York wants to save its nuclear fleet and the carbon-free energy they generate, but some clean energy advocates warn that how the state funds the ZEC program matters just as much. NRDC said it “strongly opposes” the bill, which would “redirect New … Continue reading #New_York Senate narrowly passes bill to reallocate funds for nuclear subsidies→
Nuclear plant refueling outages benefit NY communities This month we reached an important milestone for Upstate nuclear energy plants, the completion of three major refueling outages at Ginna, Nine Mile and Fitzpatrick supported by the many members of our New York State Building Trades. On the surface, this might seem a little dull, but these … Continue reading Nuclear plant #refueling outages benefit NY communities→
38 years after massive protest, Shoreham nuke plant sits empty That’s what Long Island Power Authority officials call the vacant concrete structure that housed Shoreham’s nuclear reactor before the controversial facility was decommissioned in the 1990s. The plant’s remains stand on a 60-acre property overlooking the Long Island Sound. The nuclear reactor, or “boiler,” was … Continue reading 38 years after massive protest, Shoreham nuke plant sits empty→
OTHER STATES EXPERIMENT WITH NEW YORK’S NUCLEAR SUBSIDIES As the first state to implement subsidies to support struggling nuclear power plants through zero-emission credits, New York has caught the attention of other states confronting similar challenges. New York had been facing the threat of three unprofitable upstate nuclear power plants potentially closing, in part due … Continue reading OTHER STATES EXPERIMENT WITH NEW YORK’S NUCLEAR SUBSIDIES→