Greenberg Traurig
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.
Calpine came to the NYISO Installed Capacity Working Group with its proposal to create on- and off-peak transmission congestion contract auctions.
Calpine proposed that NYISO split its 24-hour-only transmission congestion contracts into on-peak and off-peak products, arguing it would reduce the cost of congestion hedging by better aligning it with load and generation behavior.
NYISO's market monitor says the firm fuel capacity accreditation proposal would incentivize generators to rely on inferior types of firm fuel service that could undermine the winter reliability benefits of firming up.
NYISO continues to find a reliability need for New York City this summer and two peaker plants in the city should be allowed to continue operations into 2027 if necessary, according to sensitivity results for the first-quarter Short Term Assessment of Reliability.
The NYISO Business Issues Committee approved, in concept, implementation of the ISO’s new firm fuel election process and requirements as part of its changes to capacity accreditation.
NYISO and its stakeholders continued their review of the capacity market’s structure with at-times philosophical debate on the market’s purpose in New York
NYISO laid out the timeline for its Capacity Market Structure Review project, which will take up the better part of 2025.
NYISO stakeholders raised concerns about the way the ISO values transmission security at the Installed Capacity Working Group.
NYISO released the first draft of its 2024 Reliability Needs Assessment showing a capacity deficiency in New York City beginning in 2033 and proposing to declare a reliability need for its zone.
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