FERC reaffirmed its support for NYISO’s 17-year amortization period in its installed capacity market, rejecting protests from state regulators and consumers.  

The NYPSC has filed a third petition seeking federal judicial review of FERC orders related to NYISO's proposed 17-year amortization period for its demand curves in capacity market auctions.

The New York Public Service Commission asked FERC to again rule on its order accepting NYISO's 17-year amortization period proposal for calculating the annual costs for hypothetical fossil fuel plants.

The New York PSC petitioned the D.C. Circuit Court of Appeals to review FERC's approval of NYISO's proposal to use a 17-year amortization period for setting its cost of new entry.

FERC approved NYISO’s proposed 17-year amortization period when calculating the annual costs for hypothetical fossil fuel peaker plants.