New "Power Trends" Podcast to Address Energy Issues in New York

Episode One: Climate Leadership & New York Policy

RENSSELAER, NY (07/23/2019) (readMedia)-- The New York Independent System Operator (New York ISO) launched a new podcast today to discuss energy planning, public policy, and other issues affecting the state's power grid.

In the launch episode entitled, "Climate Leadership & New York Policy," New York ISO President and CEO, Rich Dewey, speaks about how New York's wholesale energy markets are instrumental in meeting the aggressive emissions objectives outlined in the Climate Leadership and Community Protection Act also referred to as 'New York's Green New Deal.'

In a 12-minute recording now available online, Dewey addresses his long career in energy, historical changes he has witnessed similar to those facing the energy grid today, and the role that New York ISO's carbon pricing proposal can play. The proposed integration of a social cost of carbon into wholesale energy markets would send a signal to existing generators and new developers that rewards cleaner generation.

"We think a carbon pricing mechanism becomes more valuable in trying to achieve these policy goals because the level of attainment is now more certain," Dewey comments to podcast host Kevin Lanahan, NYISO VP of External Affairs and Corporate Communications. Dewey continues, "It's really going to require an 'all in' approach and I think that the compliment of using the subsidies that the Clean Energy Standard has put in place with a mechanism to help drive that level of innovation and market response; those two programs working together give New York the greatest chance of success."

Listen to Episode One: Climate Leadership & NY Policy.

About the New York ISO

The New York Independent System Operator (NYISO) is a not-for-profit corporation responsible for operating the state's bulk electricity grid, administering New York's competitive wholesale electricity markets, conducting comprehensive long-term planning for the state's electric power system, and advancing the technological infrastructure of the electric system serving the Empire State.