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New York Regulator Opposes Market Power Mitigation for Energy Storage, Distributed Resources Citing Harm to State Interests

New York’s Department of Public Service staff and the New York State Energy Research and Development Authority said that energy storage and distributed energy resources should be exempt from buyer-side mitigation rules proposed by the New York Independent System Operator Inc., according to a June 25 filing. NYISO’s proposed rule responds to the Federal Energy Regulatory Commission’s order issued in February directing grid operators to revise market rules to remove barriers for participation of electric storage resources in the capacity, energy, and ancillary service markets. The duo said that the mitigation rule is contrary to the commission directive, and that these underdeveloped resources are incapable of exerting market power to artificially suppress prices and are needed to support the state’s long-term environmental and energy resource objectives.

June 25, 2018
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