New York Independent System Operator (NYISO)
NYISO’s Market Monitoring Unit, Potomac Economics, presented recommendations for addressing what it calls inefficient market outcomes caused by setting locational capacity requirements based on the transmission security limit.
NYISO’s Operating Committee approved the system upgrade facilities and system deliverability upgrade studies for Class Year 2023.
Industry players, regulators, and elected officials generally were positive about the direction of New York’s energy future despite recent reporting the state would fall short of its 2030 climate goals.
NYISO presented its final interim staff recommendations for the demand curve reset for 2025-2029 at the Installed Capacity Working Group’s meeting, with minor updates to some metrics.
The NYISO Operating Committee approved revisions to the 2024-01 Expedited Delivery Study, finding that all nine proposed projects are deliverable at their requested capacity resource interconnection service levels.
NYISO presented its $204 million draft budget for 2025 to the Budget and Priorities Working Group, with an administrative rate of $1.319/MWh based on a 154,700-GWh transmission throughput.
NYISO's update to its draft Reliability Needs Assessment still shows an expected capacity shortfall by 2034, though it is slightly less than what was initially presented in July.
NYISO's final 2025 project budget recommendation re-added several items, such as the storage as transmission project, that will be presented to the Management Committee later this year.
NYISO proposed shortening the activation notice period for special-case resources from 21 hours to four, which caused consternation among program participants at the Installed Capacity Working Group’s meeting.
National Grid’s Upstate Upgrade is a portfolio of more than 70 projects announced in March that will continue through 2030 at a cost of more than $4 billion.
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