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July 13, 2024

New York

Northeast States Collaborative on Interregional Transmission
10 Northeastern States Sign MOU on Interregional Transmission Planning
Ten East Coast states signed a memorandum of understanding to set up a framework to coordinate interregional transmission planning and development.
Analysis Group
Stakeholders Battle over Battery as Proxy in NYISO Demand Curve Reset
NYISO stakeholders are divided over consultants’ proposal to use a two-hour battery as the peaking plant in the ISO’s capacity market demand curve, as part of its quadrennial demand curve reset for 2025-2029. 
NYSRC
NYISO Studying How to Update IRM Calculation to Account for Offshore Wind
The New York State Reliability Council’s mathematical model for calculating the state’s installed reserve margin every year will need to be updated as more offshore wind and major transmission lines come online, NYISO told stakeholders. 
Shutterstock
NYISO Reveals Bids in NYC Offshore Transmission Solicitation
NYISO received four bids in response to its Public Policy Transmission Need solicitation to deliver up to 8 GW of offshore wind power to New York City.
© RTO Insider LLC
Moody’s: ‘Scars Remain’ as New York’s Economy Recovers
The economic forecasts for both New York state and the U.S. are reasonably healthy, stakeholders learned at NYISO’s annual Spring Economic Conference. 
D.C. Circuit Court of Appeals
DC Circuit Upholds NYISO 17-year Amortization Rule
The D.C. Circuit Court of Appeals has upheld FERC’s approval of a key NYISO capacity market price determinant that the state utility regulator says could raise costs by hundreds of millions of dollars per year. 
© RTO Insider LLC
NYPA Unveils Expanded Grid Simulation Lab
NYPA has expanded its AGILe Lab with extensive new digital twin capabilities, allowing it to model and test the impact of new technologies on the grid.
Iberdrola
Iberdrola to Take Full Ownership of Avangrid
Iberdrola is moving to acquire the 18.4% stake in Avangrid that it does not already own in a $2.55 billion deal.
Shutterstock
FERC Approves NYISO Request to Lower NYC Capacity Requirement
FERC granted NYISO’s waiver request to update its installed capacity requirement for New York City in the 2024/25 capability year, which began May 1. 
© RTO Insider LLC
Audit Faults NY Renewables Office on Speed of Reviews
The New York state office created to expedite permitting of large-scale renewable energy development should offer a better accounting of how long permitting takes, an audit concludes. 

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