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October 29, 2013
The New York ISO has asked FERC for rehearing of the Commission's earlier decision to establish a new capacity zone (the G-J Locality or Lower Hudson Valley zone) on May 1, 2014, for the purpose of allowing a phase-in of the new capacity zone to avoid potential "rate shock."
August 14, 2013
FERC has adopted without modification the New York ISO's proposal to create a new local capacity zone in the ICAP market, consisting of Load Zones G, H, I, and J (the G-J Locality), applicable to load-serving entities including ESCOs
June 3, 2013
Staff of the New York PSC have recommended that Consolidated Edison should "plan" for the expansion of mandatory hourly pricing (MHP) below the current 500 kW threshold, but did not recommend any immediate changes, in testimony in ConEd's current rate case.
May 21, 2013
ConEdison Solutions has protested the New York ISO's filing to implement a new, local capacity zone in the ICAP market due to the asymmetric treatment of capacity imports and exports in the zone, which will lead to increased capacity prices for ESCOs.
April 3, 2013
The New York ISO's latest auction for strip capacity prices for the summer of 2013 resulted in higher capacity prices.
October 12, 2012
A FERC order regarding the application of buyer-side mitigation in the New York ISO installed capacity market could lead to a $500 million increase in customer electricity bills in 2013, the New York State Public Service Commission said yesterday in announcing that it was seeking rehearing of the…
September 6, 2012
FERC Dismisses Astoria Generating Company Complaint
August 14, 2012
The New York ISO has filed tariff revisions at FERC to reduce Market Participant credit requirements to participate in the ICAP Spot Market Auction, which is mandatory for load serving entities.
June 25, 2012
FERC ordered that an inflation factor shall be applied to the Unit net Cost of New Entry (CONE) used in applying buyer-side mitigation to capacity sellers in the New York ISO ICAP mechanism, in ruling on a complaint filed by capacity suppliers (EL11-42).
March 12, 2012
The New York ISO, "plans to revisit the possibility of evaluating the need for new capacity zones (NCZs) more frequently as it progresses through the first process cycle to evaluate and establish a new zone," but, at this time, believes that an annual examination and implementation of new capacity…
December 29, 2011
FERC has granted Green Mountain Energy Company a waiver of certain New York ISO tariff and penalty provisions which Green Mountain Energy could have triggered due to its inadvertent withholding of capacity.
November 2, 2011
Green Mountain Energy Company has petitioned FERC for a limited, one-time waiver of a New York ISO tariff provision requiring penalties for the withholding of capacity, after Green Mountain said that it, "inadvertently withheld a small amount of capacity from the NYISO installed capacity ('ICAP')…
October 3, 2011
Morgan Stanley will pay $4.8 million for allegedly violating the antitrust laws by entering into an agreement with KeySpan Corporation that allegedly restrained competition in the New York City electricity capacity market, the U.S. Department of Justice said Friday.
September 9, 2011
Siding with capacity suppliers against load-serving entities, FERC rejected in part a proposal from the New York ISO to establish a criteria which would be used to evaluate the creation of separate capacity zones in the ICAP market (ER04-449).
September 6, 2011
The lower Zone J capacity pricing in the New York ISO, which the independent market monitor has confirmed is competitive, represents a, "fundamental failure of the marketplace," said Mark Sudbey, CEO of US Power Generating Company, in connection with the announcement that subsidiary Astoria…
September 1, 2011
FERC Orders NYISO to Share Confidential Market Participant Data
August 4, 2011
The latest complaint from certain capacity suppliers in New York regarding buyer-side market power in the ICAP market amounts to "conspiracy theories" with no factual evidence, the New York ISO said in an answer at FERC (EL11-50).
July 13, 2011
Reliant Energy to Supply Redskins, NRG Installing Solar
July 7, 2011
The, "full benefits of competitive markets would not be allowed to materialize," if FERC were to grant a complaint from several generators against the New York ISO regarding the implementation of existing buyer-side mitigation rules in the ICAP market, the New York PSC said (EL11-42).
June 6, 2011
No doubt emboldened by several recent FERC decisions, several New York capacity suppliers have filed a complaint at FERC alleging that the New York ISO's implementation of its buyer-side market power mitigation provisions is in violation of its tariff.
May 16, 2011
In addition to transitioning to spot-based capacity pricing for retail customers, Niagara Mohawk must ensure that capacity costs are tied, to the maximum degree possible, to the customer's actual usage patterns, the Retail Energy Supply Association said in comments to the New York PSC (10-E-0050).
March 8, 2011
Parties Appeal Proposed Order Which Would Eliminate Bypassable SOS Admin. Charge at Pepco, Delmarva
January 31, 2011
In another order which will raise capacity costs for customers, this time in New York, FERC accepted with modifications the New York ISO's proposed tariff to reset the ICAP demand curves (ER11-2224).
January 5, 2011
The New York ISO and New York Transmission Owners have asked FERC to approve several "criteria and considerations" for identifying a possible need for new capacity zones, and for triggering a requirement to further evaluate such potential zones (ER04-449 et. al.).
December 21, 2010
An analysis of the New York ISO ICAP market for the Winter 2009-2010 and Summer 2010 Capability Periods did not raise any withholding concerns, the New York ISO reported to FERC.
