The New York Independent System Operator (NYISO) wants to reduce carbon emissions from power production by charging a fee for it at the wholesale production level. The result would increase market prices, benefitting renewable and no/low carbon sources that would not have to pay the fee, but doing so could create many wrinkles in the fabric of the electricity market structure. However, discussions at various stakeholder meetings since 2017 are working to iron them out in time to initiate the fee in mid-2021.Read Article
News & Events
For the inside scoop on the energy industry and advances in sustainability, please see the following news articles and events. We value the opportunity to share information on new developments in the industry and providing resources that will help you save on your energy bottom line.
A press release in which Mayor Bloomberg announced the New York City Energy Policy Task Force recommendations for the City's energy policy and strategies for meeting current as well as future energy demands.Read More
Contracting for competitive energy can significantly lower energy costs and minimize price risk when compared with accepting the local utility's business-as-usual delivery of energy supplies. Any facility that spends a half million dollars or more on energy can realize sufficient savings to easily justify investing time to this effort.Read More