November 24, 2024
NYISO Board Denies Generators’ Appeal on Capacity Cap
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The NYISO Board of Directors upheld the Management Committee’s vote to cap capacity payments in the constrained Lower Hudson Valley and New York City zones.

The NYISO Board of Directors on Tuesday upheld the Management Committee’s vote to cap capacity payments in the constrained Lower Hudson Valley and New York City zones.

nyiso board of directors capacity payments cap

Zone Map | NYISO

The board’s Nov. 15 order rejected an appeal by the Independent Power Producers of New York. The association sought to overturn the Management Committee’s Oct. 25 vote, which the ISO said was needed to protect consumers from higher prices. (See Generators Appeal Lower NY Capacity Cap.)

The rule change was in response to FERC’s Oct. 17 order allowing Castleton Commodities International’s 1,242-MW Roseton 1 generator to supply 511 MW of its capacity to ISO-NE beginning next June for the 2017/18 delivery year.

The board’s written decision rejecting IPPNY’s appeal has not yet been posted on NYISO’s website.

– William Opalka

Capacity MarketGenerationNYISO Management Committee

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