A recent proposal from the New York Independent System Operator (NYISO) seeks to reflect the cost of carbon emissions in wholesale energy market offers via a “carbon charge,” thereby advancing the state’s energy and environmental goals.
The Carbon Pricing Straw Proposal also considers carbon charges on electricity imports, provides a methodology for returning carbon charge residuals and contemplates changes to NYISO capacity market and transmission planning processes. To read more about the implications of this proposal as well as action in other jurisdictions, click here.
