Operating Reserves Performance Penalty
NYISO
Two initiatives that have bedeviled discussion at NYISO committees in the last few weeks of the year reared their heads again at the final Budget Priorities Working Group meeting of the year.
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The NYISO Business Issues Committee tabled a proposal to levy financial penalties against consistently underperforming generators in the reserve market.
PSEG
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.
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