dynamic reserves
During its last meeting of the year, the NYISO Management Committee approved two proposals that would institute a new design for the reserve market and alter a calculation used in the regulation service market.
NYISO’s Business issues Committee approved testing of dynamic reserves, changes to the LCR optimizer, and new capacity accreditation rules.
NYISO presented its anticipated schedules for its Installed Capacity market, energy market and new resource integration projects for this year.
NYISO’s proposed dynamic reserve requirements could result in significant changes in transmission flows and reduced costs, according to FTI Consulting.
Forecasters say California and the Southwest will see extreme heat this weekend, with conditions like those that strained the grid over Labor Day weekend 2020.
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