A weekly update on the latest “no-fluff” insight and analysis of the energy industry.
NYISO’s main functions include managing the flow of electricity across New York’s high-voltage transmission lines to ensure reliable and safe grid operation. It administers competitive wholesale electricity markets, facilitating fair pricing and efficiency. NYISO also conducts long-term reliability planning to address future needs and integrate new technologies. Additionally, it develops rules to manage congestion on the transmission system and provides data and analyses to support informed decision-making by policymakers and stakeholders.
NYISO impacts electricity prices primarily through its administration of competitive wholesale electricity markets.
NYISO plays a crucial role in supporting renewable energy integration in New York. It facilitates the connection of renewable resources, such as wind and solar energy, and energy storage, to the grid through its interconnection process.
The Federal Energy Regulatory Commission (FERC) regulates NYISO. FERC oversees NYISO’s activities, including its administration of wholesale electricity markets and its management of the high-voltage transmission system.
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