December 24, 2024

NYISO Installed Capacity/Market Issues Working Group (ICAP-MIWG)

NYISO
NYISO Energy Costs up in Q3 2024
The Market Monitoring Unit said that even though all-in prices were slightly down, NYISO energy costs generally were up by 4 to 26% in most areas.
PSEG
Stakeholders Skeptical of NYISO Performance Penalty Proposal
NYISO stakeholders expressed skepticism of an ISO proposal to levy financial penalties against underperforming generators, saying it was not developed enough to be voted upon by the end of the year. 
Shutterstock
Large Consumers Vent Frustrations with NYISO’s Proposed SCR Changes
Stakeholders representing large electricity consumers say they believe NYISO’s proposed changes to the special case resource program will cause a mass exodus of participants.
NYISO
New York DPS Recommends New Method for Determining Peak Hours
The New York Department of Public Service presented a proposal for updating the method by which NYISO determines peak load hours to the ISO’s Installed Capacity Working Group.
© RTO Insider LLC
NYISO Working Group Meeting Briefs: Oct. 1-2, 2024
NYISO proposed to increase the Rate Schedule 1 carryover to $5 million, while the Installed Capacity Working Group discussed different ways to incentivize transmission security via the markets.
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NYISO ICAP Working Group Briefs: Sept. 24, 2024
NYISO’s Market Monitoring Unit, Potomac Economics, presented recommendations for addressing what it calls inefficient market outcomes caused by setting locational capacity requirements based on the transmission security limit.
Shutterstock
NYISO Offers Final Staff Recommendations for Demand Curve Reset
NYISO presented its final interim staff recommendations for the demand curve reset for 2025-2029 at the Installed Capacity Working Group’s meeting, with minor updates to some metrics.
Shutterstock
Large Consumers Miffed at NYISO Proposal to Shorten SCR Notice Period
NYISO proposed shortening the activation notice period for special-case resources from 21 hours to four, which caused consternation among program participants at the Installed Capacity Working Group’s meeting.
NYISO
Analysis Group: No Changes to NYISO CONE Method Needed
The Analysis Group told NYISO stakeholders it did not recommend any major changes to the annual process for updating the ISO’s gross cost of new entry for generators.
Convergent Energy and Power
NYISO Tariff Revisions Include Uncertainty Reserve
NYISO staff presented tariff revisions that may be deployed as early as Q1 of 2026 to account for the uncertainty of wind and solar energy forecasts.

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