NYISO released the first draft of its 2024 Reliability Needs Assessment showing a capacity deficiency in New York City beginning in 2033 and proposing to declare a reliability need for its zone.

NYISO made significant updates to its assumptions as part of its final Reliability Needs Assessment, which now shows no concern of a capacity deficiency and a loss-of-load expectation of less than 0.1 in 2034.

New York will be short 1 GW of resources by 2034, driven by increased demand, large load growth and lack of natural gas, according to the preliminary results of NYISO's biennial Reliability Needs Assessment.

NYISO informed the Transmission Planning Advisory Subcommittee and Electric System Planning Working Group it intends to seek a May 2 effective date for Order 2023.

NYISO said it plans to file a motion with FERC for an extension on the compliance deadline for Order 2023, according to a presentation given to stakeholders.

NYISO addressed stakeholder questions in a statement it released about the predicted near-term reliability shortfall in New York City, and potentially statewide.

NYISO stakeholders learned how the ISO assessed the seven transmission projects chosen from the Public Policy Transmission Need solicitation for Long Island.

NYISO presented the Budget and Priorities Working Group with 48 market projects that it is proposing to be included in its 2024 budget.