Utility Dive•about 1 month ago
New York faces ‘significant reliability shortfalls’: NYISO
Key Takeaway
NYISO's warning of future reliability shortfalls in New York signals upcoming opportunities for power developers and potential supply risks for large consumers, alongside likely procedural changes.
AI Summary
- •NYISO warns of 'significant reliability shortfalls' in New York's long-term power system adequacy, despite no immediate actionable needs identified in the current report.
- •This warning signals potential future market opportunities for developers to provide new capacity and risks of higher prices or supply constraints for large power consumers.
- •NYISO suggests changing its procedures for identifying reliability needs, indicating potential regulatory or market rule adjustments that could impact future development and procurement.
Topics
capacity-marketpolicytransmission
Article Content
The report doesn’t identify actionable reliability needs, but NYISO warned that this doesn’t guarantee long-term system adequacy and suggested changing its procedures for identifying reliability needs.