The ISO New England Inc.’s short-term program to compensate resources for maintaining inventoried energy during winters 2023/2024 and 2024/2025 became effective by operation of law because the Federal Energy Regulatory Commission lacked a quorum to act on the proposed reforms before the statutory deadline, according to an Aug. 6 notice. A resource is eligible to…
The New York Public Service Commission on Aug. 8 opened a proceeding to examine options to align the state’s resource adequacy programs with renewable energy and emissions reduction goals, while ensuring safe and adequate service at just and reasonable rates. New York enacted legislation last month, which requires a carbon-neutral power system by 2040 and…
The New Jersey Board of Public Utilities on Aug. 8 proposed to amend the registration process for the Solar Renewable Energy Certificate, or SREC, program by including a step to determine when electricity sales from distributed solar reaches 5.1 percent, the threshold set by legislation enacted last year to phase out the program. The law…