NYISO BSM Mitigation Ruling Sparks Glick Rebuke

FERC last week approved NYISO’s revised buyer-side market (BSM) power mitigation rules, prompting a warning from Commissioner Richard Glick that the commission had threatened the future of organized capacity markets by explicitly excluding state-supported resources from mitigation exemptions. Thursday’s 3-1 ruling followed on a February order that partly approved NYISO’s...