July 15, 2024

New York Independent System Operator (NYISO)

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.
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. 
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. 
NY Expects to Miss 2030 Renewable Energy Target
The architects of New York’s clean energy transition are predicting the state will fall short of its 70%-by-2030 renewable energy target, perhaps far short, and are suggesting ways to catch up in the early 2030s. 
Galt Power Fined $1.5M Following Anti-Manipulation Investigation
FERC approved a $1.5 million civil penalty on Galt Power following an investigation finding manipulation violations in the creation of renewable energy credits.
DSD Renewables
Trade Group Wants NY to Press Distributed Solar
Small-scale solar has been a success story in New York state, which is on track to reach its 2025 goal of 6 GW of distributed solar a year early.
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. 
NYISO: Prepared for Heat Dome Scorching New York
NYISO said it is prepared to meet demand during an extreme kind of heat wave called a heat dome that is already spiking temperatures to near 100 degrees Fahrenheit in western New York.

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