The NYISO Business Issues Committee approved rule changes regarding transmission congestion contracts and hybrid storage facilities.

Con Ed won approval from the NYISO BIC of a proposal to increase the exemption from real-time generation penalties for units that supply steam to New York City.

NYISO continues to advance its Grid in Transition agenda, moving ahead with some energy and ancillary services projects while suspending or combining others.

NYISO stakeholders delayed a vote on the ISO’s proposal to procure up to 500 MW of additional reserves for Southeast New York pending another cost analysis.

NYISO will need to expand its bulk transmission and some low-voltage lines to meet New York’s 2030 climate goals, according to the ISO's latest CARIS.

NYISO is seeing “historically low” load and prices, Senior Vice President of Market Structures Rana Mukerji told the Business Issues Committee.

The NYISO Business Issues Committee approved Tariff changes on energy storage and load forecast revisions to account for behind-the-meter net generation.

NYISO stakeholders approved external ICAP limits and changes to the Transmission Congestion Contracts Manual during the Business Issues Committee meeting.

NYISO is moving the proxy bus for pricing transactions with Ontario’s IESO to reflect power-flow changes from the implementation of phase-angle regulators.

NYISO’s Business Issues Committee endorsed the ISO’s plan to replace its ad hoc generator retirement studies with quarterly “short-term” analyses.