fbpx

NYISO approves ‘historic’ transmission to boost transfer capability to 900 MW

By: Robert Walton | he New York ISO has approved two projects that will add significant new transmission capacity to the state’s system, helping move renewable energy from upstate generators into load centers like New York City. The projects must still receive approval from the New York Public Service Commission. Clean energy advocates celebrated the ISO’s … Read more

New York Approves New Electricity Rates for Crypto Miners

By: Samuel Haig | New York is seeking to foster growth in its cryptocurrency mining sector, with the New York State Public Service Commission (PSC) approving new electricity rates for Massena Electric Department. The new provisions will facilitate “high-density load customers, as such cryptocurrency companies” accessing “individual services agreement tariff[s],” including “protect[ion] […] from increased … Read more

New York Approves New Electricity Rates for Crypto Miners

By: Samuel Haig | New York is seeking to foster growth in its cryptocurrency mining sector, with the New York State Public Service Commission (PSC) approving new electricity rates for Massena Electric Department. The new provisions will facilitate “high-density load customers, as such cryptocurrency companies” accessing “individual services agreement tariff[s],” including “protect[ion] […] from increased … Read more

New York proposes strict carbon emission limits for existing power plants

By: Robert Walton | The New York Department of Environmental Conservation (DEC) proposed new regulations on Wednesday limiting existing power plants to either 1,800 lbs of CO2/MWh of gross electrical output or 180 lbs of CO2/mmBTU of input. The rule is expected to allow New York to achieve one of Gov. Andrew Cuomo’s signature energy pledges: to phase out coal … Read more

New York ISO Zone A real-time power spikes to $1,400/MWh on strong demand

By: Kassia Micek | New York Independent System Operator Zone A real-time power prices spiked to $1,400/MWh Wednesday as demand surpassed the forecast peak, while real-time prices in the southern US also jumped despite weather and conservation notices being canceled. New York ISO Zone A West real-time power spiked to $1,400/MWh at 3:35 pm EDT … Read more

Munis to charge cryptocurrency miners higher power prices in New York

By: Robert Walton | New York regulators will allow municipal power providers to charge higher rates to high-load cryptocurrency mining operations, which are using large amounts of power and driving up prices for other customers. In upstate New York, there are at least three cryptocurrency companies operating, and in some cases, these customers account for … Read more

New National Grid rates will hike monthly household bills $16 after 3 years

By: Tim Knauss | Upstate New York households will pay about 11 percent more for electricity and natural gas — a total of about $16 per month — under a National Grid rate hike approved today by the state Public Service Commission. The price increases will be phased in over three years. The first increase … Read more