FERC narrowed the resources exempt from NYISO’s buyer-side market power mitigation rules, ordering the ISO to subject storage and DR to a minimum offer floor.

The NYISO Management Committee discussed the upcoming summer, an annual review of the Market Monitoring Unit and Tariff changes.

FERC reaffirmed its denial of a complaint that NYISO improperly implemented its buyer-side market power mitigation exemption test.

FERC declined to rehear a 2013 order approving PJM's revisions to a rule designed to mitigate buyer-side market power in the capacity market.

FERC granted renewable energy resources an exemption from buyer-side mitigation rules in New York's installed capacity market.

NYISO said a 2012 FERC order was unclear with respect to the comparison made between the default offer floor and unit net CONE in determining the floor.

NYISO last week asked FERC to exempt competitive transmission, including the Champlain Hudson project, from the ISO’s buyer-side mitigation rules.