10.27.20 - NYISO to mull more capacity market revisions to integrate renewables, storage
'The New York Independent System Operator will consider more novel modifications to its capacity market in 2021 as it seeks to clear a way for the renewable energy development needed to meet ambitious greenhouse gas reduction targets.'
'NYISO’s Mike DeSocio told a working group of market participants Tuesday that changes previously discussed with the panel were on ice pending the outcome of an administrative challenge to a September FERC decision on "buyer-side mitigation" exemptions. Still, the NYISO staff wants to weigh other policy revisions to support the state’s mandate for 70 percent renewable energy by 2030 and 100 percent carbon-free electricity by 2040.'