Another spat has broken out between the US state and the Federal government energy regulator FERC, with the equivalent of a minimum price order being introduced for New York renewables projects which have benefitted from state subsidies. It mirrors the PJM Minimum Price ruling made last year and will mean that renewable resources will have trouble placing their energy through the capacity and wholesale markets, despite it being policy in New York state to push renewables. The move is made under an existing regulation of New York Independent System Operator (NYISO) to prevent marketers from artificially suppressing prices, and when NYISO proposed an adjustment to the rules to exempt renewables, FERC simply rejected it out of hand without considering the…