The New York State electricity market is operated by the New York Independent System Operator (NYISO), which manages the operation of the electricity system and administers the wholesale markets for energy, capacity, and ancillary services. NYISO was created in 1999 as part of the electricity sector restructuring to introduce competition and efficiency into system operation.
New York’s generation mix is in full transition, with a progressive reduction in the use of gas and nuclear and an accelerated growth of renewable energies, especially solar, onshore and offshore wind, as well as energy storage solutions.
In the coming years, the electricity system managed by NYISO will undergo profound transformations within the framework of the state’s ambitious climate goals:
At AleaSoft, we have been offering services for international electricity markets, including NYISO, for 27 years. We provide price, demand, and renewable production forecasts, tailored to the needs of generators, retailers, aggregators, investors, and system operators.
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