The NYISO Business Issues Committee on Monday approved manual revisions to accommodate a slight change to the maximum clearing price calculation for the installed capacity demand curves as part of the 2021-2025 ICAP demand curve reset. The changes to Section 5.5 of the ICAP Manual clarify the adjusted methodology for...

NYISO locational-based marginal prices averaged $28.59/MWh in March, down sharply from February’s average of $63.70/MWh but well above the $17.11/MWh average in March 2020, the Business Issues Committee heard Wednesday. Day-ahead and real-time load-weighted LBMPs came in lower compared with February, Rana Mukerji, the ISO’s senior vice president for market...

NYISO locational-based marginal prices averaged $63.70/MWh in February, up from $37.83/MWh the previous month and more than triple the $21.11/MWh average in February 2020, Rana Mukerji, senior vice president for market structures, said in delivering the monthly operations report to the Business Issues Committee on Wednesday. Day-ahead and real-time load-weighted...