FERC OKs NYISO plan to avoid price spikes from ISO-NE capacity market rule changes

摘要

FERC earlier in the month approved market rule revisions proposed byrnNew York’s grid operator aimed at preventing New York capacity pricesrnfrom soaring due to changes to ISO New England’s capacity marketrnrules. The agency further ruled that the proposed plan should bernimplemented immediately, rejecting New York Independent SystemrnOperator’s proposed one-year transitional mechanism stronglyrnsupported by stakeholders.