THE POWER OF MARKETS

TO DELIVER THE GRID OF THE FUTURE

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The role of electricity markets in clean energy goals

VIDEO: The role of electricity markets in clean energy goals

Competitive, wholesale electricity markets allow competition to attract innovation and investment while encouraging the lowest-cost solutions to meet reliability.
BLOG: How markets support a least-cost approach to grid reliability

BLOG: How markets support a least-cost approach to grid reliability

Maintaining a reliable energy system requires that enough power generating capacity is installed system-wide to meet projected electricity demand and reliability requirements.
VIDEO: People Who Power New York: From Engineering to Market Design: My Powerful Purpose

VIDEO: From Engineering to Market Design: My Powerful Purpose

Manish Sainani says that while growing up in Mumbai, India, he was always inclined toward engineering and had an interest in renewable energy.


Fact Sheet: Electricity Markets Essential Role in Grid Reliability

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.

Electricity Markets Fact Sheet Thumbnail
Electricity Markets Policy Brief thumbnail

Policy brief

How Competitive Electricity Markets Power NY State’s Energy Goals

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