Extreme weather is proving to be a persistent challenge for grid operators. When transmission lines are at capacity, operators have fewer tools to navigate challenging conditions, underscoring the importance of continued transmission investment. https://ow.ly/wVHa50Yp89F
When Winter Storm Fern hit New York, extreme cold drove electricity demand higher just as supply tightened. Fuel constraints and aging equipment limited generation, and rising gas prices pushed costs up. Our latest video explains.
Today on National Employee Appreciation Day, we celebrate the engineers, operators, analysts, economists, technologists, and all the people who power New York every day. Learn more about who we are and what we do: https://www.nyiso.com/about-us
ICYMI: High natural gas prices are driving up heating bills and the cost of electricity. Because natural gas is a primary home heating fuel and a main fuel for generating electricity, higher gas prices directly translate into higher retail bills. Our latest video explains.
In our latest blog, we highlight how extreme weather in late January led to operational challenges on the grid and higher energy prices. Read the blog to learn more: https://www.nyiso.com/-/winter-storm-fern-cold-front-test-new-york-grid
Reliability is job one at the NYISO. As the independent grid operator, we manage the flow of electricity across New York’s bulk electric system 24/7 to support the welfare of New Yorkers and the state economy. Learn more about what we do and why the NYISO was created: https://www.nyiso.com/about-us
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How does NYISO maintain reliability at the lowest cost—even when fuel prices run high? Shaun Johnson, VP of Market Structures, breaks it all down in our latest podcast. Watch now: https://www.nyiso.com/-/podcast-ep-42-least-cost-reliability-even-when-fuel-prices-run-high
As Ramadan begins, we extend our warmest wishes to all who are observing this sacred month along with health, happiness, and peace throughout this season of reflection and renewal.
Winter Storm Fern and prolonged cold temperatures created operational challenges and drove a sharp increase in energy prices. Read our latest blog for more on how the storm tested power grid in New York. https://www.nyiso.com/-/winter-storm-fern-cold-front-test-new-york-grid
Happy Lunar New Year! As we welcome the Year of the Horse, we extend our warmest wishes for health, happiness, and prosperity. The horse symbolizes energy, progress, and determination—qualities that inspire us.
Electricity prices are up. Visit our Winter Pricing resource page to learn what’s driving these increases: https://www.nyiso.com/pricing
To learn more about what’s driving energy prices, visit NYISO’s informational webpage at www.nyiso.com/pricing
Albany news channel @news10.bsky.social spoke with NYISO’s Kevin Lanahan, Senior VP, External Affairs & Corporate Communications, to understand how electricity prices change based on supply and demand for natural gas and how much it costs to produce power. Learn more: www.news10.com/news/who-rea...
Natural gas prices, aging generation, and growing demand all impact electricity bills—a growing concern for many New Yorkers. Shaun Johnson, NYISO VP of Market Structures, breaks down the cost drivers and how markets select least-cost solutions to protect consumers. Watch: https://ow.ly/ekhc50Y9X95
ICYMI: New data shows that New York’s grid operators are leaning more heavily than ever on emergency tools—known as Emergency Operating Procedures—to keep the lights on. Learn more ➡️ https://www.nyiso.com/-/emergency-tools-to-stabilize-grid-are-becoming-more-common-why-that-s-a-problem
Why are electricity costs rising? In our latest Power Trends podcast, Shaun Johnson, NYISO VP of Market Structures, explains the forces behind rising fuel supply costs and how wholesale market competition supports reliability at the least possible cost. Watch now ▶️ https://ow.ly/1csF50Y6yiS
Cover page of a New York ISO white paper on how national and global factors affect electricity prices in New York.
We’ve released a new white paper detailing the factors contributing to rising wholesale electricity prices in New York. Learn more: https://www.nyiso.com/-/press-release-nyiso-releases-new-white-paper-detailing-drivers-of-rising-electricity-prices
As extreme cold temperatures continue to drive electricity demand, we encourage New Yorkers to stay informed about current grid performance by visiting our enhanced System Conditions page: https://www.nyiso.com/system-conditions
Natural gas prices are elevated across the country. In New York, natural gas is the primary fuel for generating electricity. So, when natural gas prices climb, wholesale electricity costs follow, and those increases ultimately reach retail consumers. Learn more: https://ow.ly/klbN50Y0knA
High natural gas prices are driving up heating bills and the cost of electricity. Because natural gas is a primary home heating fuel and a main fuel for generating electricity, higher gas prices directly translate into higher retail bills. Our latest video explains.
Based on forecasted conditions, there is adequate capacity on the bulk electric system to meet anticipated demand during the upcoming cold snap. However, concerns about fuel security for generators remain. Learn more: https://ow.ly/lWNo50Y1NXO
As winter sets in, high natural gas prices are once again poised to drive up both heating bills and electricity costs across the state. Read more in our latest blog: https://www.nyiso.com/-/natural-gas-prices-this-winter-what-it-means-for-grid-reliability-and-consumers-in-new-york
Today, we celebrate the life and legacy of Dr. Martin Luther King Jr. His words continue to inspire and guide us.
New York’s grid is at an inflection point. Aging generation, rising demand, and extreme weather are among the issues reshaping reliability planning. In our latest Power Trends podcast, SVP Zach Smith explains how NYISO is preparing for the future. Watch ▶️ https://ow.ly/zmKa50XY1Ku
The CRP shows how current reliability planning methods can be enhanced to capture a range of emerging risk factors across generation, demand, and transmission that could affect system reliability over the next decade. Read more ➡️ https://ow.ly/LS8Q50XWe5q
New York’s grid is at an inflection point. Aging generation, rising demand, and extreme weather are among the issues reshaping reliability planning. In our latest Power Trends podcast, SVP Zach Smith explains how NYISO is preparing for the future. Watch now ▶️ https://ow.ly/2IPZ50XU4Pm
Emergency tools to stabilize grid are becoming more commonly used. Read our blog to learn how the NYISO is addressing this ➡️ https://www.nyiso.com/-/emergency-tools-to-stabilize-grid-are-becoming-more-common-why-that-s-a-problem
Across the Empire State, from Rockefeller Center to Lake Placid to Cheektowaga, we wish all New Yorkers a bright and prosperous New Year.
Happy Kwanzaa! May your days be filled with light, reflection, and the spirit of community.
