New York Independent System Operator (NYISO)
NYISO defended its proposed redesign of voltage support compensation, telling FERC it should reject calls by generators for additional inflation adjustments.
FERC last week left intact most of its 2010 order meant to mitigate market power in the installed capacity market in New York City.
IPPNY failed to persuade FERC that out-of-market payments that keep financially strapped generation operating to maintain system reliability suppress capacity prices.
Representatives of PJM, ISO-NE and NYISO told FERC they are prepared to implement their states’ plans for complying with EPA’s proposed Clean Power Plan.
Industrial, commercial and institutional energy customers in New York called on FERC to reject an agreement to keep the Ginna nuclear power plant operating.
The overhaul of the electric industry in New York, Reforming the Energy Vision, will largely bar utility ownership of distributed energy resources.
Niagara Mohawk Power has agreed to reduce its return on equity in a settlement with groups representing public power and municipal utilities.
NYISO must amend its Tariff to establish uniform rules for identifying and compensating reliability-must-run (RMR) generators, FERC ruled Thursday.
NYISO defended itself against criticism from New York Gov. Andrew Cuomo but said it will cooperate with a review by state regulators.
NYISO last week asked FERC to exempt competitive transmission, including the Champlain Hudson project, from the ISO’s buyer-side mitigation rules.
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