Earliest New York Will Have Carbon Price is Q2 2021, NYISO Says

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Earliest New York Will Have Carbon Price is Q2 2021, NYISO Says

By Microgrid Resources Coalition posted 07-19-2018 00:00

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Robert Walton, Utility Dive

Summary

The earliest that New York ISO could implement a carbon pricing proposal is the second quarter of 2021, the grid operator said in a statement this week.

The ISO also said it will consider steps to ensure resources eligible for renewable energy credits (RECs) are not compensated twice, following concerns about double-charging from a group of large customers.

The ISO is considering a straw proposal that calls for subjecting all suppliers inside the market to carbon charges, while rules would be developed to ensure imports and exports compete fairly as well.