NYISO Generation Asset Monitor Update | NYISO Generation Asset Monitor Blog
This update provides a high-level overview of our recently published NYISO Generation Asset Monitor (GAM) report and database. The NYISO GAM tracks the Interconnection queues for additions, forecasts plant retirements and plants deemed at risk of retirement, and provides an outlook for the timeline of renewable generation projects in PJM, MISO, NYISO and ISO-NE.
NYISO’s latest GAM Update includes:
- Status of all projects with active generator interconnection queues in NYISO.
- Potential impacts of the Champlain Hudson Power Express (CHPE) beginning underwater installation.
- NYISO’s New Standard Interconnection Procedures Reducing Queue Capacity.
The reduction in queue capacity is mostly attributed to NYISO’s new procedures. While FERC approval is still pending, NYISO commenced implementation and the changes are effective as of May 2, 2024. Note that a part of the new procedures that projects that have not reached key milestones in the interconnection process were withdrawn from the queue.
Note that ESAI Power publishes the NYISO Generation Asset Monitor monthly as part of our Benchmark Energy Research, and the monthly GAM updates also cover PJM, MISO and ISO-New England.
ESAI Power is a market research and consulting firm that delivers focused analysis of the wholesale power markets: PJM, NYISO, ISO-NE and MISO. To become a client, click here.
Learn About Generation Asset Monitor
Generation Asset Monitor provides an outlook for the development timeline of new generation projects and plant retirements in ISO-NE, NYISO, PJM & MISO. For each project, ESAI assigns a “probability of completion factor in percentage terms” that is then applied to develop a forward assessment of likely capacity additions and retirements in each pool. Generation Asset MonitorTM provides forward assessment of likely capacity additions in PJM, NYISO, ISO-NE and MISO, details on all announced retirements and projections on all units at-risk of retirement. The GAM Database is published monthly and provides a summary overview of significant changes from the previous month.
