in News Departments > New & Noteworthy
print the content item

Most of the 745 MW of new power generation that came online in the New York Independent System Operator (NYISO) market in 2012 was wind energy and natural gas, NYISO reports.

Last year, NYISO implemented a wind forecasting system designed to improve the use of wind energy resources by forecasting the availability and timing of wind-powered generation. As a result of these initiatives, wind generators in New York produced 3.302 TWh of electricity in 2012, more than 500 GWh above the levels achieved in 2011.

"As New York pursues ambitious goals to scale up renewable resources, such as wind and solar, it is essential that our wholesale market rules and grid operations keep pace with these changes," says Jackson Morris, director of strategic engagement at the Pace Energy and Climate Center. “With its continued efforts to efficiently integrate wind onto the grid, the NYISO has demonstrated its ability to innovate in order to optimize the performance of our evolving electric fleet.”

NYISO also notes that, at $45.23/MWh, the average wholesale electricity price for 2012 was the lowest in the 12-year history of New York’s competitive markets for wholesale electricity, eclipsing the previous record-low price of $48.63/MWh in 2009.



Trachte Inc._id1770
Latest Top Stories

Eagle Take Permits For Wind Farms - Will They Fly?

Now that the U.S. Fish and Wildlife Service has issued the first permit allowing the legal take of eagles, can wind developers expect more certainty in the agency's application process?


Despite 2013 Challenges, U.S. Wind Power Reaches All-Time Low Price

In a new report, the U.S. Department of Energy details the highs and lows of the country's wind industry last year, and the agency maintains that the U.S. sector remains strong.


Mexico On Pace To Set New Renewables Investment Record

A new report says the country has spent $1.3 billion on clean energy in the first half of 2014 and could end up seeing a record year. Furthermore, wind power is slated for significant growth in the region.


IRS Issues More PTC Guidance, Easing Some Wind Industry Concerns

The Internal Revenue Service (IRS) addresses how much work is needed on a wind farm to satisfy production tax credit (PTC) eligibility.


Embryonic No More: U.S. Offshore Wind Industry Gaining Momentum

After a decade of fits and starts, the industry is moving closer to installing the first generation of wind projects off the country's shores.

Canwea_id1984
Renewable NRG_id1934
Tower Conference_id1965