FACT SHEET: Electricity Markets Essential Role in Grid Reliability
April 3, 2025
This two-page fact sheet highlights current efforts to integrate clean energy resource participation in competitive wholesale electricity markets, support grid reliability services, and support environmental goals.
While state incentives attract investment in clean generation, they do not encourage generator response to changing grid conditions in real-time. NYISO-administered wholesale electricity markets produce price and procurement signals that allow suppliers to support reliability in a responsive manner at the lowest cost.
As electricity demand rises and the volume of intermittent renewable resources grow, extreme weather patterns will create more volatility. The balancing force of markets will be essential to preserving reliability.