NYISO continues to find a reliability need for New York City this summer and two peaker plants in the city should be allowed to continue operations into 2027 if necessary, according to sensitivity results for the first-quarter Short Term Assessment of Reliability.

The New York Power Authority has filed a petition with the Public Service Commission asking it to designate Clean Path NY as a Priority Transmission Project under the Accelerated Renewable Energy Growth and Community Benefit Act.

NYISO’s early 2025 will likely be dominated by the Reliability Needs Assessment process again, but the year will also bring other issues.

NYISO published the final, approved version of the 2024 Reliability Needs Assessment, which identifies a reliability need in New York City beginning in 2033.

In response to stakeholder criticism, NYISO updated its draft Reliability Needs Assessment to include an executive summary and appendices, and extended the comment period on the report.

NYISO released the first draft of its 2024 Reliability Needs Assessment showing a capacity deficiency in New York City beginning in 2033 and proposing to declare a reliability need for its zone.

New York City saw a 221% increase in capacity costs in the first quarter due to the retirement of 600 MW in peaker plants and the increase of more than 300 MW in the local installed capacity requirement.

NYISO received four bids in response to its Public Policy Transmission Need solicitation to deliver up to 8 GW of offshore wind power to New York City.