NYISO says strategic plan focuses on technology advances, infrastructure investment

The New York ISO (NYISO) recently said that its 2017-2021 Strategic Plan focuses on technology advances and infrastructure investment as it prepares New York’s electric grid for the future, and noted that the integration of distributed energy resources (DERs) and renewable power are a specific focus.

Over the next five years, the NYISO said that it will lead efforts in:

  • Technology and infrastructure investment – The NYISO said that it will make strategic investments to develop technology that will expand regional coordination capabilities and create the platform to integrate more sophisticated tools for renewable and distributed resources
  • Integration of DERs – Working through its “DER Roadmap,” the NYISO said that it will develop the tools needed to plan and operate the bulk power system in an environment that includes greater levels of DERs
  • Integration of public policy – The NYISO said that it will assume a pivotal role in integrating public policy objectives while taking appropriate steps to ensure that such efforts complement open, fair and competitive markets
  • Sustainable business model – The NYISO said that it will position itself to operate increasingly complex systems in an environment of strict cost pressure; the NYISO will meet those challenges by identifying cost drivers and taking steps to reduce those that can be managed
  • Reliability through markets – The NYISO said that it will enhance its energy and capacity markets to promote efficient wholesale power markets in support of system reliability

The strategic plan, which serves as the foundation for the NYISO’s annual business plan, is based on the NYISO Board of Directors’ review of financial and regulatory outlooks, as well as the economic and environmental factors affecting market participants and stakeholders.

As TransmissionHub reported, the NYISO said in a draft report “for review and stakeholder comment,” which was posted on its website in August, that technological advancements and public policies, particularly the New York State Public Service Commission’s (PSC) Reforming the Energy Vision (REV) proceeding, are encouraging greater adoption of distributed energy resources (DER) to meet consumer energy needs, as well as system needs.

The NYISO said in its “Distributed energy resources roadmap for New York’s wholesale electricity markets” draft report that DER offer the potential to make load more dynamic and responsive to wholesale market price signals, potentially improving overall system efficiencies.

The NYISO noted that FERC has directed it to make certain market enhancements that allow demand response (DR) providers greater opportunities to participate in the real-time energy market and to be properly compensated for any beneficial services they offer the NYISO markets per FERC Orders 719 and 745. The report will help set the stage for future filings related to those orders, the NYISO said.

The NYISO said that going forward, it will consider all DR as DER and facilitate DR participation in competitive markets through an emerging DER program. 

About Corina Rivera-Linares 3286 Articles
Corina Rivera-Linares was TransmissionHub’s chief editor until August 2021, as well as part of the team that established TransmissionHub in 2011. Before joining TransmissionHub, Corina covered renewable energy and environmental issues, as well as transmission, generation, regulation, legislation and ISO/RTO matters at SNL Financial from 2005 to 2011. She has also covered such topics as health, politics, and education for weekly newspapers and national magazines.