The New York Independent System Operator Inc., a not-for-profit regional transmission owner, is responsible for operating New York's bulk electrical grid, administering the state's wholesale electricity markets, maintaining grid stability, and ensuring the reliability and planning of the state's bulk energy system.
The NYISO Market Monitoring Unit is proposing to revise the ISO’s net congestion rent assignment process by allocating residuals to transmission owners on an individual facility basis.
Amid increasing demand and dwindling supply, repowering aging fossil plants would help maintain reliability while still lowering emissions in line with New York’s climate change policy goals, NYISO argues in its annual “Power Trends” report.
As NYISO conducts its Capacity Market Structure Review, its Market Monitoring Unit and FTI Consulting say it should reject the idea of bifurcated pricing.
The D.C. Circuit Court of Appeals denied a petition by New York TOs seeking to overturn a FERC decision rejecting their request to be able to self-fund network upgrades.
NYISO presented an outline of how it plans to implement storage-as-transmission assets, drawing critiques from stakeholders representing end-use customers and generators.
NYISO asked developers to tell the ISO about any dispatchable generation projects that have not yet been submittedto the interconnection queue by June 13.
Calpine proposed that NYISO split its 24-hour-only transmission congestion contracts into on-peak and off-peak products, arguing it would reduce the cost of congestion hedging by better aligning it with load and generation behavior.
The annual New York energy storage conference and expo came with excellent timing this year, as progress at the state level was matched by looming obstacles at the federal level.
