NYISO’s Management Committee approved proposed rule revisions that would allocate day-ahead market congestion rent shortfalls and surpluses.

Soaring natural gas prices, customer satisfaction and credit requirements were all on the agenda during a meeting of NYISO’s Management Committee.

The NYISO Management Committee approved proposed Tariff changes to define the role of inverter-based energy storage in providing synchronized reserves.

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.