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The New York Independent System Operator Inc., a not-for-profit regional transmission owner, is responsible for operating New York's bulk electrical grid, administering the state's wholesale electricity markets, maintaining grid stability, and ensuring the reliability and planning of the state's bulk energy system.
NYISO
NYISO presented additional data to the Budget and Priorities Working Group explaining its reasoning for rolling the remaining funds from this year’s budget cycle into a Rate Schedule 1 carryover.
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 stakeholders raised concerns about the way the ISO values transmission security at the Installed Capacity Working Group.
LS Power Grid New York
A major transmission project completed in 2023 has alleviated congestion on a chokepoint between upstate and downstate New York.
GE
NYISO presented its updated modeling for combined-cycle gas turbines that employ duct firing to produce additional electricity and advanced a motion to recommend that the Management Committee revise the tariff in accordance with the model.
NYISO
NYISO expects it will be able to operate reliably, according to the Winter 2024 Operating Study.
NYISO
NYISO released the first draft of its 2024 Reliability Needs Assessment showing a capacity deficiency in New York City beginning in 2033 and proposing to declare a reliability need for its zone.
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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 made significant updates to its assumptions as part of its final Reliability Needs Assessment, which now shows no concern of a capacity deficiency and a loss-of-load expectation of less than 0.1 in 2034.
© RTO Insider LLC
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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