The NYISO Business Issues Committee voted to recommend a cost-containment mechanism for the ISO’s public policy transmission planning process.

The NYISO Business Issues Committee approved several manual and Tariff revisions, and received the monthly Broader Regional Markets and operations reports.

NYISO approved manual changes to accommodate a new penalty scheme to improve the ISO’s ability to call on external capacity resources.

NYISO locational-based marginal prices averaged $24.43/MWh in June, up slightly from $23.10/MWh in May, but down about 25% from the same month a year ago.

NYISO stakeholders were divided on whether New York's ambitious climate bill necessitates increased skepticism on carbon pricing or urgency on the effort.

NYISO's Business Issues Committee approved a proposed Tariff revision that redefines acceptable collateral for foreign market participants.

NYISO’s Business Issues Committee recommended the Management Committee approve Tariff revisions on a new market design for distributed energy resources.

NYISO’s Business Issues Committee approved revisions to the Installed Capacity (ICAP) Manual regarding external to rest of state deliverability rights.

NYISO locational-based marginal prices averaged $50.93/MWh in January, up by about 25% from December and down around 50% from the same month a year ago.

NYISO locational-based marginal prices averaged $40.31/MWh in Dec., down by about 7% from Nov. and slightly more than 30% from the same month a year ago.