NYISO monitor recommends power market pricing enhancements to address peaker retirements

New York — Efficient energy and ancillary services market pricing will be critical to maintaining reliability should environmental rules lead to the retirement of 3.3 GW of older peaking generators in southern New York, the power grid operator’s market monitor said Monday.

“The New York Independent System Operator focused on potential risks if the [Department of Environmental Conservation] DEC’s proposed Peaker Rule is adopted and this new regulation leads to the retirement of …

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