New York City (Zone J) Capacity Prices Decrease 30%

The New York ISO summer 2016 strip capacity auction produced lower prices for Zone J (New York City) versus the spikes seen in the auctions for 2014 and 2015, though changes were more modest in other areas.

The NYISO summer 2016 strip capacity auction produced the following prices ($/kW-month)

Region             2015 Summer   2016 Summer
G-J Locality            $8.50         $8.25
NYC                    $15.50        $10.99
NYCA (Rest of State)    $3.50         $3.62
LI                      $5.30         $4.15

For additional prices (interties, etc.), see the NYISO website