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.
Stakeholders requested the NYISO Market Monitoring Unit provide an explanation of the difficulties in obtaining data from the ISO and market participants on supplemental commitments after it presented its State of the Market report for the first quarter.
NYISO told stakeholders it was no longer considering seasonal capacity accreditation factors because it found they would disincentivize participation in the capacity market.
The Department of Public Service proposes the state extend its subsidy program for its commercial nuclear facilities from 2029 to 2049 to help ensure the operators of America’s two oldest reactors seeks to relicense them.
NYISO provided a glimpse into the possible capacity accreditation factors for gas generator units that have not guaranteed a supply of fuel for the winter capability period.
New York Gov. Kathy Hochul announced the first of three solicitations for bulk energy storage as part of the state’s goal of deploying 6 GW by 2030.
In the wake of the New York Public Service Commission’s decision to cease planning its offshore wind underwater transmission network, NYISO has followed suit, tossing two years of planning studies.
As it updates its energy to reflect new challenges to decarbonization, New York is contemplating what until recently seemed improbable: new fossil-fired generation.
The PSC shut down the process to build an underwater transmission network to bring electricity to shore from the hundreds of wind turbines the state hopes to see spinning off its coastline.
The heat wave at the end of June caused the average locational-based marginal price for the month to increase dramatically, NYISO said.
Short- and long-term load forecasting was discussed in a "strategic discussion" during board meetings.
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