NYISO
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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.
NYISO CEO Rich Dewey opened the Management Committee meeting with a congratulations on getting through 2024 before looking ahead to the rest of 2025.
FERC accepted NYISO's proposed tariff revisions that were submitted as part of the Demand Curve Reset.
NYISO presented stakeholders with its preliminary proposal for complying with FERC Order 1920, giving a first glimpse into how the ISO may conduct a long-term transmission planning process.
NYISO laid out the timeline for its Capacity Market Structure Review project, which will take up the better part of 2025.
NYISO presented its final locational minimum installed capacity requirements for the 2025/26 capability year during the Installed Capacity Working Group’s first meeting of 2025.
The New York Power Authority has filed a petition with the Public Service Commission asking it to designate Clean Path NY as a Priority Transmission Project under the Accelerated Renewable Energy Growth and Community Benefit Act.
NYISO’s early 2025 will likely be dominated by the Reliability Needs Assessment process again, but the year will also bring other issues.
Two initiatives that have bedeviled discussion at NYISO committees in the last few weeks of the year reared their heads again at the final Budget Priorities Working Group meeting of the year.
During its last meeting of the year, the NYISO Management Committee approved two proposals that would institute a new design for the reserve market and alter a calculation used in the regulation service market.
The NYISO Business Issues Committee tabled a proposal to levy financial penalties against consistently underperforming generators in the reserve market.
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