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New York Independent System Operator’s carbon pricing proposal would be an economic win for New York

10/03/19

New study finds carbon pricing can help New York State meet clean energy goals faster, more reliably, and at lower cost

WASHINGTON – The American Wind Energy Association (AWEA) applauded the New York Independent System Operator’s (NYISO) proposal to incorporate the social cost of carbon into the wholesale price of electricity. Today, NYISO released a new study which concludes that, “A carbon price in NYISO’s competitive wholesale power markets can help deliver New York’s clean-energy transition in faster, cheaper, more reliable, more efficient, and more creative ways.”
 
"The New York Independent System Operator's thoughtful carbon pricing proposal would cut power sector greenhouse gas emissions and bring significant consumer benefits, renewable energy jobs, and major new investments to New York State,” said Tom Kiernan, CEO, AWEA. “We urge Governor Cuomo and the New York State legislature to closely review NYISO's program because it would, if implemented, position the state to cost-effectively achieve its 100 percent carbon-free electricity goal by 2040."

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AWEA is the national trade association of the U.S. wind energy industry. We represent 1,000 member companies and over 114,000 jobs in the U.S. economy, serving as a powerful voice for how wind works for America. Members include global leaders in wind power and energy development, turbine manufacturing, and component and service suppliers. They gather each year at the Western Hemisphere’s largest wind energy event, the AWEA WINDPOWER Conference & Exhibition, next in Denver, June 1-4, 2020. WINDPOWER 2020 will be housed within CLEANPOWER, the new exhibition hub for utility-scale renewable energy, bringing together wind power, solar power, and energy storage industries. Find information about wind energy on the AWEA website. Gain insight into industry issues on AWEA's blog, Into the Wind. And please join us on Facebook and follow @AWEA on Twitter and LinkedIn.