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 is proposing changes to certain capacity market parameters to accommodate the Champlain Hudson Power Express transmission project, as well as facilitate the new entry of resources.
The most prolific worry about large load facilities like data centers is how to power them, but the New York Power Authority raised a new concern at the NYISO Budget & Priorities Working Group’s meeting.
The NYISO Business Issues Committee and Operating Committee approved a governing document revisions that would implement transmission owners’ right of first refusal in the ISO’s planning processes at their meetings.
Central Hudson, Con Edison, National Grid and the Natural Resources Defense Council have co-submitted a proposal to the NYISO project prioritization process asking the ISO consider developing a capacity market based around retaining existing resources.
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.
