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 …

NYISO market monitor proposes changes to operating reserve valuation, capacity market pricing

Author Jared Anderson

New York — Energy and capacity market improvements that would improve operating reserve valuation and price power generation capacity based on marginal reliability value have been recommended by the New York Independent System Operator’s market monitoring unit, an executive said Tuesday.

The energy and ancillary services market recommendations packaged together in Potomac Economics’ 2018 State of the Market Report for NYISO’s Markets are “the most important,” with the capacity market recommendations coming …