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.
Consolidated Edison reported 2019 net income of $1.34 billion ($4.09/share), down slightly from $1.38 billion ($4.43/share) the previous year.
FERC largely approved the Order 845 compliance filings for CAISO, NYISO and a handful of utilities, though none of the entities received perfect marks.
FERC narrowed the resources exempt from NYISO’s buyer-side market power mitigation rules, ordering the ISO to subject storage and DR to a minimum offer floor.
NYISO stakeholders approved external ICAP limits and changes to the Transmission Congestion Contracts Manual during the Business Issues Committee meeting.
FERC declined to rehear its order directing PJM to allow two merchant transmission operators to convert some transmission withdrawal rights to non-firm.
FERC denied rehearing of its order accepting NYISO’s revisions to the methodology it uses to determine locational minimum installed capacity requirements.
FERC approved NYISO’s proposal to allow aggregations of distributed energy resources to participate in its markets.
FERC granted Helix Ravenswood a limited waiver under NYISO’s Tariff to retain its CRIS rights for its deactivated gas turbines in New York City.
The New York PSC committed an additional $2 billion to energy efficiency and building-electrification programs and created an index renewable energy credit.
NYISO is moving the proxy bus for pricing transactions with Ontario’s IESO to reflect power-flow changes from the implementation of phase-angle regulators.
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