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New York & New England Power Markets: Key Trends and Challenges

We are continuing to expand our coverage across North America with the addition of New York Independent System Operator (NYISO) and Independent System Operator New England (ISO-NE). Both markets face significant complexity due to their ambitious energy transformation targets, their interconnection with the rest of the East Coast, and changing demand patterns.  

New York has set ambitious targets in renewables, electric vehicles, and the limitation of greenhouse gases with legislation like the Climate Leadership and Community Protection Act (CLCPA). These goals are supported by a medley of federal, state, and utility-level incentives and laws, such as state regulator NYSDEC’s “Peaker Rule” which will significantly affect the state’s thermal generation from high-emitting peaker plants. Specific states within ISO-NE are also pushing towards renewable generation, with Massachusetts leading the way with the Clean Energy Peak Standard mandating RPS and incentivizing renewables and storage technologies.  

NYISO and ISO-NE have extensive new renewable capacity in their interconnection queues aimed at fulfilling RPS targets, predominantly solar, offshore wind, and batteries, although the timeline and certainty of these projects’ construction are highly variable. Changes in the winter demand, along with more grid traffic and severe weather, highlight the need for better connections and transmission capacity.

Stay on top of these market landscapes and updates while maximizing opportunities with the NYISO Power & Renewables Service and the ISO-NE Power & Renewables Service.

 

New York Independent System Operator (NYISO): New York

Independent System Operator New England (ISO-NE): Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont

View our introductory report including both New York (NYISO) and New England (ISO-NE)

 

Download the report and submit your interest in the NYISO & ISO-NE energy markets!

Reach out to our team!

 

Don’t hesitate to contact us to learn more about the service and its benefits for you

 

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Adelaine Bhattacharjee

Commercial Associate

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