December 2, 2023

locational-based marginal pricing (LBMP)

NYISO Monthly Energy Costs Up 98% Y-o-Y
NYISO locational-based marginal prices were down sharply in March compared to February’s average, though they were well above March 2020's average prices.
NYISO Monthly LBMPs More than Triple from a Year Ago
NYISO locational-based marginal prices averaged $63.70/MWh in February, more than triple the $21.11/MWh average in February 2020.
NYISO Business Issues Committee Briefs: Oct. 16, 2019
The NYISO Business Issues Committee voted to recommend a cost-containment mechanism for the ISO’s public policy transmission planning process.
NYISO Business Issues Committee Briefs: Sept. 11, 2019
The NYISO Business Issues Committee approved several manual and Tariff revisions, and received the monthly Broader Regional Markets and operations reports.
NYISO Business Issues Committee Briefs: June 20, 2019
NYISO stakeholders were divided on whether New York's ambitious climate bill necessitates increased skepticism on carbon pricing or urgency on the effort.
Stakeholders Discuss NYISO Grid Study, LBMPc Change
NYISO debated the content of a draft study on the impact of public policy on the state grid and the ISO’s proposed changes to its carbon price calculation.
NYISO Business Issues Committee Briefs: May 13, 2019
NYISO's Business Issues Committee approved a proposed Tariff revision that redefines acceptable collateral for foreign market participants.
NYISO Business Issues Committee Briefs: April 17, 2019
NYISO’s Business Issues Committee recommended the Management Committee approve Tariff revisions on a new market design for distributed energy resources.
NYISO Seeks to Refine Carbon Price Equation
NYISO proposed using an estimated fuel cost to help determine the carbon component of locational-based marginal prices, while the state’s largest waste energy producer called for carbon offsets to be included in the final carbon pricing plan.
NYISO Commissions New Social Cost of Carbon Study
NYISO said it has commissioned Analysis Group to model the social cost of carbon in order to finalize a carbon pricing scheme for its electricity markets.

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