Discussion about potential changes to the NYISO demand curve reset process dominated a recent Installed Capacity Working Group meeting and will likely take up more oxygen in stakeholder meetings throughout the coming year.

As NYISO continues its Capacity Market Structure Review, the Market Monitoring Unit used its second-quarter State of the Market report to highlight potential issues with how the ISO forecasts resource availability.

Capacity markets have brought significant cost savings for customers in the Northeast over the past two decades but now face the critical need to evolve amid rapid load growth and a changing resource mix.

The NYISO Market Monitoring Unit told stakeholders it is independently analyzing the capacity market in parallel with the ISO’s ongoing Capacity Market Structure Review project.

NYISO presented the Installed Capacity Working Group with its priorities for the Capacity Market Structure Review, with improving the demand curve reset process and methodology topping the list.

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.