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NYISO

Bracewell LLP

Federal Register Notice on November 26, 2024, Establishes Date for Compliance Filings for FERC Elimination of Generator...

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On October 17, 2024, the Federal Energy Regulatory Commission (“FERC”) issued Order No. 904, finding on a generic basis that allowing transmission providers to charge customers for a generating facility’s provision of...more

Paul Hastings LLP

FERC Finalizes Rule Eliminating Cost Recovery for Reactive Rates

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On October 17, 2024, the Federal Energy Regulatory Commission (FERC) issued its final rule on reactive power compensation (Order No. 904)[1], which finalized the plan outlined in its Notice of Proposed Rulemaking (NOPR) to...more

Foley Hoag LLP - Energy & Climate Counsel

NYISO Pushes Back Anticipated Compliance, Cluster Study Dates After FERC Order No. 2023-A

Interconnection reform is coming to New York State—right on (a slightly revised) schedule. In response to the issuance of a rehearing and clarification order on Federal Energy Regulatory Commission (“FERC”) Order No. 2023...more

Paul Hastings LLP

FERC Proposes Rule to Prohibit Reactive Power Compensation for Generators

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On March 21, 2024, the Federal Energy Regulatory Commission (FERC or Commission) issued a Notice of Proposed Rulemaking (NOPR) in Docket No. RM22-2 that proposes to prohibit transmission providers from allowing generating...more

Foley Hoag LLP - Energy & Climate Counsel

NYISO Begins to Roll-Out Tariff Revisions for Order No. 2023 Compliance

This post is a continuation of our series covering the New York Independent System Operator, Inc.’s (“NYISO”) compliance with Federal Energy Regulatory Commission (“FERC”) Order No. 2023. Compliance filings are due to FERC by...more

Foley Hoag LLP - Energy & Climate Counsel

NYISO Order No. 2023 Compliance Update: Summary of November 3 Partial Compliance Filing and Summary of November 2 Interconnection...

This post is the second in our ongoing series following the NYISO’s compliance with FERC Order No. 2023. In today’s post, we cover the NYISO’s November 3, 2023 partial compliance filing made with FERC, as well as provide an...more

Foley Hoag LLP - Energy & Climate Counsel

NYISO Previews Order 2023 Compliance Filing at First Meeting of Interconnection Issues Task Force

The NYISO unveiled the framework of its proposed compliance filing for FERC Order No. 2023 (184 FERC ¶ 61,054) to market participants last week at the first meeting of its newly established Interconnection Issues Task Force...more

Troutman Pepper

After Initiating Credit Risk Show Cause Proceedings in 2022, FERC Finds that CAISO’s, ISO-NE’s, and NYISO’s Tariffs Remain Just...

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On September 21, 2023, the Commission issued separate orders on show cause proceedings finding that the existing tariffs of the California Independent System Operator Corporation (“CAISO”), ISO New England Inc. (“ISO-NE”),...more

Troutman Pepper

D.C. Circuit Backs FERC in New York Cost Allocation Dispute, Giving FERC Broad Deference under the Rule of Reason

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On July 7, 2023, the U.S. Court of Appeals for the District of Columbia Circuit (“D.C. Circuit”) issued an opinion rejecting petitioner Hecate Energy Green County 3 LLC’s (“Hecate”) claim that the New York Independent System...more

Foley Hoag LLP - Energy & Climate Counsel

NYISO’s Grid Reliability Need Finding: A Harbinger of Opportunity to Come in New York

On July 14, 2023, the New York Independent System Operator (NYISO) identified a grid reliability need in New York City of 446 megawatts (MW) beginning in the summer of 2025. If the City experiences a 98-degree heatwave that...more

Foley Hoag LLP - Energy & Climate Counsel

FERC Grants NYISO Three Year Extension in Implementing Order 2222

Late last week, the Federal Energy Regulatory Commission granted the NYISO’s mid-November extension request to move the implementation date of certain tariff revisions that will allow distributed energy resources (“DERs”) and...more

Foley Hoag LLP - Energy & Climate Counsel

FERC Rulemaking State of Play

Federal Energy Regulatory Commission (FERC)-watchers have their eyes squarely on recent reports that Senator Joe Manchin, Chair of the Senate Energy and Natural Resources Committee, won’t schedule a hearing on Chairman...more

Foley Hoag LLP - Energy & Climate Counsel

The NYISO Sues the FERC Over Participation of Aggregated Distributed Energy Resources in New York’s Wholesale Markets

The long saga of how small-scale, “distributed” energy resources like energy storage, solar, energy efficiency assets and even electric vehicle charging equipment can participate in the New York State wholesale energy...more

Sheppard Mullin Richter & Hampton LLP

Six Key Items to be Aware of Today Regarding the Equator Principles IV

On October 1, 2020, the fourth edition of the Equator Principles came into effect. This fourth edition expands the scope of infrastructure projects that are captured by the principles and creates additional obligations for...more

Troutman Pepper

FERC Accepts NYISO Co-Located Storage Resource Participation Model

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On March 30, 2021, FERC accepted the New York Independent System Operator’s (“NYISO”) proposed Co-located Storage Resource (“CSR”) Participation Model to enable energy storage resources (“ESRs”) paired with wind or solar...more

Sheppard Mullin Richter & Hampton LLP

The Sheppard Mullin Six: FERC Carbon Pricing Policy

Here are six key items to be aware of today concerning FERC Carbon Pricing Policy: 1. FERC issues Policy Statement on carbon pricing. On October 15, 2020, during a FERC webcast technical conference on “Carbon Pricing in...more

Troutman Pepper

FERC Subjects NYISO Demand Response Resources to Buyer-Side Mitigation Rules

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On October 7, 2020, FERC affirmed its prior determination that certain demand response resources participating in the New York Independent System Operator, Inc. (“NYISO”) capacity markets—termed Special Case Resources...more

Sheppard Mullin Richter & Hampton LLP

NYISO Battery Storage Rules

Six regulatory and transactional items to be aware of in light of New York Independent System Operator’s (“NYISO”) new battery storage markets rules - 1. In 2018, the Federal Energy Regulatory Commission (“FERC”) issued...more

Troutman Pepper

FERC Rejects NYISO Buyer-Side Mitigation Proposal Aimed at Clean Energy Transition

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On September 4, 2020, FERC rejected the New York Independent System Operator, Inc.’s (“NYISO”) proposed revisions to its buyer-side mitigation (“BSM”) rules that sought to prioritize storage, wind, solar, and other...more

Sheppard Mullin Richter & Hampton LLP

FERC Continues to Squeeze Renewable Resources Participating in Wholesale Electric Capacity Markets

On February 20, 2020, the Federal Energy Regulatory Commission (“Commission” or “FERC”) issued several orders narrowing New York Independent System Operator, Inc.’s (“NYISO”) buyer-side market power mitigation rules in its...more

Davis Wright Tremaine LLP

New York State Seeks Relief from NYISO Buyer Side Mitigation Rules

Two New York state energy regulatory agencies (New York) have asked the Federal Energy Regulatory Commission (FERC) to grant a blanket exemption from buyer-side mitigation rules for Energy Storage Resources seeking to...more

Akin Gump Strauss Hauer & Feld LLP

Carbon Pricing Update: Assessing NYISO’s Carbon Pricing Straw Proposal

The New York Independent System Operator (NYISO) recently released a Carbon Pricing Straw Proposal (Proposal) to advance the State’s energy and environmental goals by reflecting the cost of carbon emissions in wholesale...more

Mitchell, Williams, Selig, Gates & Woodyard,...

2017 State of the Market Report: Federal Energy Regulatory Commission Office of Enforcement Division of Energy Market Oversight

The Office of Enforcement’s Division of Energy Market Oversight (“Division”) of the Federal Energy Regulatory Commission (“FERC”) undertook a presentation to the Chairman and Commissioners titled: 2017 State of the Markets...more

Pillsbury Winthrop Shaw Pittman LLP

Financial Hedges for United States Gas-Fired Power Generation Facilities

Over the past few years, many merchant gas-fired power generation plants operating in the regional transmission organization, PJM Interconnection and in the New York Independent Service Operator (NYISO) areas have been...more

Akin Gump Strauss Hauer & Feld LLP

Carbon Pricing Update: ISO-NE and NYISO Look to Gain Ground in 2017

Since our December update, ISO New England (ISO-NE) and New York Independent System Operator (NYISO) stakeholders have convened additional meetings to assess potential reforms to their respective wholesale electricity markets...more

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