NYISO will soon announce the formation of a carbon pricing task force, CEO Brad Jones told the Management Committee.

At the NYISO Management Committee, the RTO said that it declared a major emergency on May 21 after the loss of 1,000 MW of generation in ISO-NE.

The NYISO Management Committee discussed the upcoming summer, an annual review of the Market Monitoring Unit and Tariff changes.

NYISO achieved a wind energy record of 1,574 MW at around noon on March 2, representing 9% of the state’s power generation.

The NYISO Management Committee voted to recommend rewording the ISO’s coordination agreement with ISO-NE on emergency energy transaction charges.

NYISO’s Management Committee voted unanimously to recommend board approval of the grid operator’s 2016 Comprehensive Reliability Plan.

The NYISO Management Committee approved an agreement with PJM to end the 1,000-MW Con Ed-PSEG wheel next year while maintaining an operational base flow of 400 MW.

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 Management Committee approved a temporary rule change to partially insulate consumers from sharply higher capacity prices as a result of exports from constrained zones.

The NYISO Management Committee discussed the latest Reliability Needs Assessment and a heat wave that prompted a mandatory systemwide demand response event.