NYISO Market Monitoring Unit (MMU)
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The NYISO Market Monitoring Unit told the Installed Capacity Working Group that more data is necessary to verify the need for out-of-market actions on the part of transmission owners for reliability.
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The NYISO Management Committee voted to approve the ISO’s 2025-2034 Comprehensive Reliability Plan, though stakeholders and the Market Monitoring Unit again voiced concerns with how it is structuring its planning.
Potomac Economics
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.
NYISO
Stakeholders requested the NYISO Market Monitoring Unit provide an explanation of the difficulties in obtaining data from the ISO and market participants on supplemental commitments after it presented its State of the Market report for the first quarter.
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The NYISO Market Monitoring Unit is proposing to revise the ISO’s net congestion rent assignment process by allocating residuals to transmission owners on an individual facility basis.
Astoria Generating Company
Amid increasing demand and dwindling supply, repowering aging fossil plants would help maintain reliability while still lowering emissions in line with New York’s climate change policy goals, NYISO argues in its annual “Power Trends” report.
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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
NYISO's transmission planning requirements result in a need for more capacity than is required in the ISO’s market rules, according to Potomac Economics, the Market Monitoring Unit.
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NYISO proposed to increase the Rate Schedule 1 carryover to $5 million, while the Installed Capacity Working Group discussed different ways to incentivize transmission security via the markets.
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NYISO’s Market Monitoring Unit, Potomac Economics, presented recommendations for addressing what it calls inefficient market outcomes caused by setting locational capacity requirements based on the transmission security limit.
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