NYISO Capacity Price Forecast | Capacity Watch Blog
Published July 3rd, 2023 | capacity-watch
ESAI’s latest forecast for the NYISO Capacity Market reflects several recent market developments, including:
- Updated Demand Curve Reference Point Price reflecting a recent FERC order approving use of a 17-year economic life assumption in the calculation of Gross and Net CONE values (the change will be applied starting with the July 2023 Spot Auction)
- Reduced imports from PJM reflecting the retirement of the Homer City plant
- Updated estimates for Capacity Accreditation Factors and Reliability Requirements
- 2023 Gold Book Peak Load Forecast
ESAI’s forecast goes out to the 2032/33 Capability Year and includes monthly details for:
- Demand Curve Parameters
- Offered and Cleared Supply
- Clearing Price forecast
- Level of Excess in MW
ESAI’s updated forecast will be discussed in the latest issue of Capacity Watch. For more information about our Capacity Forecasts, see our Capacity Market Coverage. To request access to ESAI’s Quarterly Power Service fill out this form free trial form.
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