NYISO Business Issues Committee
Among other news reported at the NYISO Business Issues Committee, year-to-date monthly energy prices averaged $34.89/MWh in October, a 4% increase.
NYISO year-to-date monthly energy prices averaged $35.34/MWh in September, a 3% increase from a year earlier.
NYISO’s Business Issues Committee approved revisions to the ISO’s Transmission Constraint Pricing Manual and discussed incorporating carbon costs.
The NYISO Business Issues Committee recommended the board approve construction of NextEra's Empire State Line in western New York.
NYISO’s Business Issues Committee approved steps intended to improve the efficiency of the interconnection queue process while maintaining needed reliability evaluations.
NYISO reported that locational-based marginal prices for June averaged $31.76/MWh, nearly unchanged from May.
Natural gas price spreads between Western and Eastern New York in 2016 led to NYC generation being “more economic than in recent years,” NYISO's MMU said.
NYISO presented its Market Operations and Broader Regional Markets reports to the Business Issues Committee.
NYISO updated stakeholders on its response to concerns over capacity exports, providing a status report on modeling revisions.
Market participants in New York are concerned that their proprietary information might not be adequately protected as NYISO plans to bring the RTO’s reporting system for renewable energy generation into compliance with state law.
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