Champlain Hudson Power Express (CHPE)
NYISO stakeholders debated the validity of the ISO's recent finding of a reliability need in New York City by summer 2026.
New York City could be short as much as 650 MW in capacity in the summer of 2026, according to NYISO’s Short Term Assessment of Reliability for the third quarter.
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.
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 impending addition of new export commitments could pose a challenge for Hydro-Québec over the next few years if drought conditions persist.
NYISO's final 2025 project budget recommendation re-added several items, such as the storage as transmission project, that will be presented to the Management Committee later this year.
The proposed NYISO 2025 budget for projects would be about $42.1 million. More than half of that would be spent on labor and professional services to execute projects.
With the days of endless cheap hydropower in Québec coming to an end, and the Northeastern U.S. hoping to rapidly scale up intermittent renewables, the two regions may be forced to fundamentally reconsider the role of hydropower on the grid.
NYISO’s new 10-year reliability plan finds no “actionable reliability needs,” but warns of narrowing reliability margins.
NYISO will keep two natural gas peaker plants online past their planned 2025 retirements to solve a 446-MW shortfall in New York City.
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