New York Independent System Operator (NYISO)
NYSRC
The New York State Reliability Council’s mathematical model for calculating the state’s installed reserve margin every year will need to be updated as more offshore wind and major transmission lines come online, NYISO told stakeholders.
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The architects of New York’s clean energy transition are predicting the state will fall short of its 70%-by-2030 renewable energy target, perhaps far short, and are suggesting ways to catch up in the early 2030s.
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FERC approved a $1.5 million civil penalty on Galt Power following an investigation finding manipulation violations in the creation of renewable energy credits.
DSD Renewables
Small-scale solar has been a success story in New York state, which is on track to reach its 2025 goal of 6 GW of distributed solar a year early.
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NYISO received four bids in response to its Public Policy Transmission Need solicitation to deliver up to 8 GW of offshore wind power to New York City.
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The economic forecasts for both New York state and the U.S. are reasonably healthy, stakeholders learned at NYISO’s annual Spring Economic Conference.
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NYISO said it is prepared to meet demand during an extreme kind of heat wave called a heat dome that is already spiking temperatures to near 100 degrees Fahrenheit in western New York.
D.C. Circuit Court of Appeals
The D.C. Circuit Court of Appeals has upheld FERC’s approval of a key NYISO capacity market price determinant that the state utility regulator says could raise costs by hundreds of millions of dollars per year.
NYISO
Emily Chen, an analyst with FERC’s Office of Energy Market Regulation, gave a briefing on Orders 1920 and 1977 to members of the NYISO Management Committee during a joint meeting with the ISO’s Board of Directors.
NYISO
Stakeholders scolded NYISO for using the wrong figure in a press release on its summer capacity assessment, saying it suggested capacity margins would be tighter this summer than expected.
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