NY's energy storage target: It's the journey, not the destination, stakeholders say; Energy groups pan NERC generation retirement report for 'extreme' assumptions; Merger, they wrote: Avista and Hydro One ask Washington regulators to reconsider rejection; Regional initiative to reduce transportation emissions would mirror RGGI
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Many pieces still need to come together to create a truly viable energy storage market in New York State, but analysts see the PSC's energy storage target as a good first step.
NERC officials said some regions may need "new market constructs" and "out-of-market constructs" to slow the pace of plant shutdowns, but renewable energy and gas groups say the study is misguided.
The utilities seek a rehearing, saying the Utilities and Transportation Commission misunderstood the political risks related to their proposed $6.7 billion merger.
Nine Northeast and Midatlantic states, as well as the District of Columbia, have agreed to design a policy process to implement emissions caps in one year, which could help incentivize electric vehicle adoption.
The proposed Nautilus project would have been in state waters within three miles of the shore, as opposed to the farther projects that will be considered for the state’s upcoming 1.1 GW offshore wind solicitation.
The credit facility will be available through January 2022, with two possible one-year extensions, and will focus on projects aimed at the state's largest electricity customers.
While PJM's capacity market reform plans dominate headlines, all grid operators are facing the need for greater flexibility as renewables increasingly enter their system.
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