NYISO laid out for the Installed Capacity Working Group its proposal to remove operating reserve suppliers that consistently underperform from the market until they pass a requalification test.

NYISO laid out the timeline for its Capacity Market Structure Review project, which will take up the better part of 2025.

NYISO presented its final locational minimum installed capacity requirements for the 2025/26 capability year during the Installed Capacity Working Group’s first meeting of 2025.

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.

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.

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.

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.

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.