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By Michael Kuser RENSSELAER, N.Y. — NYISO updated stakeholders last week on its response to concerns over capacity exports, providing a status report on modeling revisions and recommending stakeholders consider broad policy changes as part of the ISO’s 2018 Project Prioritization Process. The ISO is attempting to insulate consumers from...
By Michael Kuser A spike in natural gas costs pushed LMPs up in both NYISO and ISO-NE in March, though analysts say the rise may be short-lived. NYISO on Wednesday reported locational-based marginal prices for March averaged $34.97/MWh, up from $30.95/MWh in February 2017 and a 69% jump from the...
By Michael Kuser NYISO’s summer 2017 capacity auction results surprised analysts last week with higher-than-expected prices for New York City — up 72 cents year over year to $11.71/kW-month. Prices for the Lower Hudson Valley rose even more, jumping $2.25 to $10.50/kW-month, while the Rest of State dropped 62 cents...
RENSSELAER, N.Y. — The NYISO Management Committee voted Wednesday to recommend that the Board of Directors authorize a fix to address an inconsistency between the ISO’s current Tariff provisions governing transmission constraint pricing and how its software applies the rules. The change is in response to an error discovered last...
By Michael Brooks, Amanda Durish Cook and Tom Kleckner While President Trump’s executive order rolling back the Obama administration’s efforts to combat climate change upset environmentalists, RTO officials are largely shrugging their shoulders, vowing to continue on without the federal government as market forces and state policies continue decarbonizing their...
By Michael Kuser RENSSELAER, N.Y. — NYISO’s Management Committee voted unanimously to recommend board approval of the grid operator’s 2016 Comprehensive Reliability Plan despite concerns about locational planning requirements and the shutdown of the Indian Point nuclear plant. The CRP is prepared every two years. Laura Popa, manager of reliability...
By Rob DiFrancesco The economic and environmental challenges of replacing Indian Point are formidable. So are the grid reliability challenges. Any attempt to minimize these impacts is a disservice to New Yorkers who face, at best, an uncertain energy future due to rising prices, higher carbon and other toxic emissions,...
By Peter Key Bernard W. Dan resigned unexpectedly from NYISO’s Board of Directors last week, less than a year after joining. Dan Dan announced his resignation at the board’s March 21 meeting. NYISO Chairman Michael Bemis relayed the news to stakeholders at the board’s Liaison Committee meeting afterward. “Mr. Dan...
By Amanda Durish Cook NEW ORLEANS — MISO Independent Market Monitor David Patton last week used PJM’s proposed pro forma pseudo-tie agreement to renew his call for an end to pseudo-ties. On March 9, PJM made a Section 205 filing with FERC to add criteria for accepting pseudo-ties (ER17-1138). PJM...