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July 13, 2024

New York City

Potomac Economics
NYISO Monitor: NYC Capacity Costs Rose 221% in Q1
New York City saw a 221% increase in capacity costs in the first quarter due to the retirement of 600 MW in peaker plants and the increase of more than 300 MW in the local installed capacity requirement.
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. 
Elevate Renewables
Lithium-ion Batteries to Replace NYC Peaker Plant
A developer has committed to replacing a fossil-fired peaker plant with a lithium-ion battery system that will, for a while, be New York City's largest.
NYISO
NYISO Reports Adequate Capacity for Summer, but Heat Waves a Concern
NYISO sad it expects enough capacity to serve peak load this summer under normal conditions, but hotter-than-expected weather could lead it to resort to emergency procedures.
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
Tangled Challenges of Building Decarbonization Examined at IPPNY Conference
Building decarbonization is at once critical for the environment, expensive for building owners and potentially taxing for the power grid.
NYISO
NYISO Operating Committee Briefs: Feb. 15, 2024
NYISO’s Operating Committee voted to approve the results from the Expedited Deliverability Study (EDS) 2023-01 report that included 16 projects, two of which were found to be undeliverable.
Astoria Generating Company
NYISO to Keep Gas Peakers Online to Solve NYC Reliability Need
NYISO will keep two natural gas peaker plants online past their planned 2025 retirements to solve a 446-MW shortfall in New York City. 
Shutterstock
Obstacles to Decarbonizing Key New York Housing Sector Flagged
Decarbonizing hundreds of thousands of small- to midsize apartment buildings in New York will be an expensive and challenging task, the Federal Reserve Bank of New York indicates in a new report.

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