The New York Public Service Commission asked FERC to again rule on its order accepting NYISO's 17-year amortization period proposal for calculating the annual costs for hypothetical fossil fuel plants.

NYISO gave initial comments and reactions to FERC Order 2023, but remained reluctant to divulge too much during its TPAS meeting.

NYISO's Management Committee voted to not conduct another cost-of-service study to update rate schedule 1 allocations, while CEO Rich Dewey announced the ISO would search for a replacement for Ave M. Bie.

NYISO addressed stakeholder questions in a statement it released about the predicted near-term reliability shortfall in New York City, and potentially statewide.

The New York PSC petitioned the D.C. Circuit Court of Appeals to review FERC's approval of NYISO's proposal to use a 17-year amortization period for setting its cost of new entry.

The NYISO Operating Committee reviewed June's operations and approved manuals to support distributed energy resources market implementation.

FERC asked NYISO to provide additional detail on its proposed tariff revisions for integrating DER aggregations into its markets, including a rationale for its 10-kW minimum.

The committee discussed future energy deficiencies in New York City, NYISO's demand curve reset and impacts from extreme weather in the region.

NYISO has begun the process of studying how energy storage resources can be considered as traditional transmission assets.

New York City faces a 446-MW shortfall in 2025 because of plant retirements and the delayed completion of the Champlain Hudson Power Express, NYISO said.