NYISO Market Monitoring Unit (MMU)
NYISO's transmission planning requirements result in a need for more capacity than is required in the ISO’s market rules, according to Potomac Economics, the Market Monitoring Unit.
NYISO proposed to increase the Rate Schedule 1 carryover to $5 million, while the Installed Capacity Working Group discussed different ways to incentivize transmission security via the markets.
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 gave the Installed Capacity and Market Issues Working Groups further revisions to its proposed rules for distributed energy resource aggregations.
NYISO is qualifying generation units for meeting their reserve requirements even though they fail to provide adequate reserves during normal market operations.
Gas supply to Eastern New York could be limited during freezing weather because demand may exceed interstate pipeline capacity, NYISO’ stakeholders were told.
NYISO’s long-term planning forecast underestimates the role of merchant storage and increases the apparent need for transmission, according to the ISO’s MMU.
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