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NYISO Tracker: Higher gas, nuclear outages raise New York power prices

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The New York Independent System Operator peakload averaged 16.399 GW, up 3% year on year, according to ISO data. ISO population-weighted average temperatures climbed 7.8% year on year into the low 50s F, which pulled down heating-degree days 21.4%, according to CustomWeather data.
Spot prices
NYISO Zone J NYC on-peak day-ahead locational marginal prices averaged $26.31/MWh in April, a jump of 60.4% year on year, while on-peak real-time averaged $27.26/MWh, 72.7% higher than a year ago, according to ISO data.
Helping drive up power prices, spot gas at Transco Zone 6 spot climbed 41% year on year to average $2.127/MMBtu in April, according to S&P Global Platts pricing data. ....

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1st 100 Days: Biden turns to Congress to carry out climate, clean energy push

Blog
Blog
Blog
State and Federal Policy Roundtable – A Green Administration?
3 May, 2021
Author
Molly ChristianJasmin Melvin
U.S. President Joe Biden s first 100 days in office brought a flurry of executive actions involving climate change and energy policy.
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Part 1:
Part 2:
Part 3: Biden turns to Congress to carry out climate, clean energy push
Up next:
Interior sends clear signal promoting wind, targeting oil, gas
But many pieces of Biden s climate agenda, including key parts of his 10-year, $2 trillion infrastructure-focused American Jobs Plan, will require approval from Congress, where partisan divides and parliamentary procedures could determine the fate of those proposals.
In the early weeks of Biden s presidency, Congress was consumed with passing additional coronavirus relief legislation. The president signed a $1.9 trillion COVID-19 spending package into law in ....

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BIDEN'S FIRST 100 DAYS: Congress the focal point for climate, clean energy push

Washington
While US President Joe Biden s first 100 days in office brought a flurry of executive actions, many pieces of his climate agenda, including key parts of his 10-year, $2 trillion infrastructure-focused American Jobs Plan, will require approval from Congress, where partisan divides and parliamentary procedures could determine the fate of those proposals.
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In the early weeks of Biden s presidency, Congress was consumed with passing additional coronavirus relief legislation. The president signed a $1.9 trillion COVID-19 spending package into law in March that increased funding for low-income households to pay their utility bills but was otherwise mostly absent of major energy and climate provisions. ....

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New York nuclear plant retirement could increase natural gas-fired generation

The Indian Point nuclear power plant in New York will permanently shut down during the evening of April 30 when the 1,041-MW Unit 3 will power down, removing capacity that is likely to be replaced by natural gas-fired generation during higher load periods.
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The Indian Point shutdown has been anticipated for some time and we expect few immediate price impacts in the shoulder months, Kieran Kemmerer, power market analyst with S&P Global Platts Analytics, said in an email. During periods of higher load, we anticipate the nuclear generation to be replaced by gas-fired generation in the region running at higher capacity factors. Additionally, exports to New England from downstate New York are likely to fall as more New York generation flows south into load centers. ....

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1st 100 Days: New FERC chair eyes power market reforms, environmental justice

Part 3:
Part 4:
Interior sends clear signal promoting wind, targeting oil, gas
Federal Energy Regulatory Commission Chairman Richard Glick has sought to smooth tensions with states whose varied clean energy policies have come into conflict with the nation s mandatory power capacity markets. And in its natural gas project work, FERC has begun to elevate considerations of climate change, environmental justice and community impacts, at times rattling pipeline companies worried about the permanence of its decisions supporting projects.
Glick is attacking everything. He is at warp speed right now, said Tyson Slocum of Public Citizen, rattling off multiple policy initiatives, rulemakings, and workshops on the gas and power agenda. ....

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