NYISO Strategic Plan Focuses On Market Efficiency, Distributed Energy, Technology
December 14, 2015
Strengthening New York’s efforts to sustain electric system reliability powered by markets, NYISO released its multi-year strategic plan. It focuses on efficient wholesale electric markets, integration of distributed energy resources, and technology investments to prepare for future changes in the grid. During the next five years, according to the plan, NYISO will lead the effort to maintain system reliability and operate efficient wholesale power markets; develop the tools needed to plan and operate the bulk power system in an environment that includes greater levels of distributed energy resources; position itself to manage the necessary technology systems required to run New York’s bulk power system and wholesale markets; integrate public policy objectives while taking appropriate steps to ensure that such efforts complement open, fair, and competitive markets; and position itself to operate increasingly complex systems in an environment of increased cost pressure.