NYISO Management Committee
The proposed NYISO 2025 budget for projects would be about $42.1 million. More than half of that would be spent on labor and professional services to execute projects.
Emily Chen, an analyst with FERC’s Office of Energy Market Regulation, gave a briefing on Orders 1920 and 1977 to members of the NYISO Management Committee during a joint meeting with the ISO’s Board of Directors.
Stakeholders scolded NYISO for using the wrong figure in a press release on its summer capacity assessment, saying it suggested capacity margins would be tighter this summer than expected.
The NYISO Management Committee approved tariff revisions for co-located storage resources and capacity accreditation models, reviewed annual satisfaction survey results, and received updates on board compensation and Order 2023.
NYISO CEO Rich Dewey highlighted efficiency improvements and the challenges of the continued electrification at the Jan. 31 MC meeting.
NYISO stakeholders gave final approval to rules for "internal controllable lines" and revisions to day-ahead market congestion settlement procedures.
Demand response providers in NYISO are concerned that proposed market rule changes will harm the economics of special case resources.
NYISO’s budget would increase 2.5% next year but the rate schedule charge will increase 5.6% because of a forecasted drop in throughput.
CEO Rich Dewey told stakeholders at an ISO Management Committee meeting that he recommended Nelson to the Board of Directors, which approved the promotion.
NYISO at the BPWG on Wednesday released its final proposed budget for projects prioritized for next year, which increased more than 30% from last year and totaled $41.62 million.
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