firm fuel
The NYISO Market Monitoring Unit told the Installed Capacity Working Group that more data is necessary to verify the need for out-of-market actions on the part of transmission owners for reliability.
NYISO provided a glimpse into the possible capacity accreditation factors for gas generator units that have not guaranteed a supply of fuel for the winter capability period.
FERC approved NYISO’s tariff revisions that change the mechanism by which generators opt in to the “firm fuel” capacity accreditation resource class, enable modeling improvements related to natural gas constraints and update the bidding requirements for capacity suppliers.
NYISO returned to the Installed Capacity Working Group with more modifications to the tariff language and general structure of its firm fuel capacity accreditation proposal, but stakeholders still appear to be skeptical of it.
NYISO's market monitor says the firm fuel capacity accreditation proposal would incentivize generators to rely on inferior types of firm fuel service that could undermine the winter reliability benefits of firming up.
NYISO unexpectedly pulled a vote on modeling improvements for capacity accreditation from the Management Committee’s agenda, delaying further discussion until April 9.
The NYISO Business Issues Committee approved, in concept, implementation of the ISO’s new firm fuel election process and requirements as part of its changes to capacity accreditation.
NYISO and its stakeholders continued their review of the capacity market’s structure with at-times philosophical debate on the market’s purpose in New York
FERC approved NYISO’s proposed tariff revisions to more accurately accredit natural gas resources’ capacity, but the commission delayed their implementation until 2026.
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