IRM (Installed Reserve Margin) – In the NYISO capacity market, the IRM represents the minimum level of capacity, beyond the forecasted peak demand, that utilities and other energy providers must procure to serve consumers.

Source: https://www.nyiso.com/-/how-the-installed-reserve-margin-supports-reliability-in-new-york

Posts

NYISO Capacity Price Forecast Winter 2024-25 | Capacity Watch Blog

/in /by

The NYISO Winter Strip Auction window opened today, starting a series of critical events in the NYISO Winter Capability Period for 2024/25. The New York Independent System Operator (NYISO) manages the state of New York’s energy needs, ensuring a reliable power supply during the colder months. This blog post will delve into some details of the NYISO Installed Capacity Market for the Winter 2024/25 season, shedding light on auction schedules, clearing price volatility, and notable changes compared to the previous winter.

Read more