NYISO Installed Capacity/Market Issues Working Group (ICAP-MIWG)
The NYISO Market Monitoring Unit told stakeholders it is independently analyzing the capacity market in parallel with the ISO’s ongoing Capacity Market Structure Review project.
NYISO has proposed the metrics for identifying operating reserve suppliers that consistently underperform as part of its plan to remove them from the market.
NYISO returned to the Installed Capacity Working Group with more modifications to the tariff language and general structure of its firm fuel capacity accreditation proposal, but stakeholders still appear to be skeptical of it.
NYISO's market monitor says the firm fuel capacity accreditation proposal would incentivize generators to rely on inferior types of firm fuel service that could undermine the winter reliability benefits of firming up.
NYISO presented the Installed Capacity Working Group with its priorities for the Capacity Market Structure Review, with improving the demand curve reset process and methodology topping the list.
The NYISO Business Issues Committee approved, in concept, implementation of the ISO’s new firm fuel election process and requirements as part of its changes to capacity accreditation.
NYISO and its stakeholders continued their review of the capacity market’s structure with at-times philosophical debate on the market’s purpose in New York
NYISO presented the Installed Capacity Working Group with two proposals it plans to file with FERC to give itself the means to collect duties in case President Trump’s tariff on Canadian energy imports applies to electricity.
NYISO opened the Installed Capacity Working Group meeting by telling stakeholders it is assessing the impact of President Donald Trump’s 10% tariff on “energy resources from Canada” on its markets.
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.
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