Other NYISO Committees
NYISO kicked off an effort to create a market participation model for hybrid storage aggregation resources.
NYISO wants to align studies for setting statewide installed reserve margin with those setting locational minimum installed capacity requirements.
NYISO proposed a three-tier approach for working on projects in its Grid in Transition initiative and how to measure their effects.
NYISO is proposing to update its buyer-side mitigation processes to keep up with the number of new resources that will potentially be subject to the rules.
The NYISO markets performed competitively in the third quarter, but the use of OOM actions to meet reliability was a concern, the MMU said.
NYISO is pausing its Comprehensive Mitigation Review project until it receives further clarity from FERC, the ISO told stakeholders.
NYISO analysis of reserve pickup performance for winter 2019/20 shows that 76% of the time, resources provided more than 90% of total energy expected.
NYISO energy markets performed competitively in the second quarter, with the pandemic leading to the lowest load and average fuel prices in more than a decade.
NYISO is nearing a vote on market participation rules for hybrid storage and generation resources, with plans to submit the proposal in 2021.
NYISO energy prices sank to 11-year lows during the first quarter, ranging from $15 to $35/MWh, according to the MMU’s State of the Market report.
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