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As public policies continue to shape the grid of the future, the need to invest in the transmission system has never been greater. The good news is that a historic level of investment is underway, with projects recently completed or under construction that will deliver more clean energy to consumers while enhancing grid reliability. However, to meet decarbonization goals, even more investment will be necessary as discussed in the NYISO’s System and Resource Outlook, a 2022 study that looked at potential resource development over the next 20 years.

The NYISO’s wholesale markets are designed to choose the most cost-efficient mix of energy to meet consumer demand and maintain reliability of the electric system. As summarized in our recent blog The Capacity Market's Role in Grid Reliability: Frequently Asked Questions, the NYISO capacity market is the means by which utilities and other electricity providers purchase sufficient supply to meet expected peak demand and reliability requirements.

At the NYISO, keeping the electric grid reliable will always be job one, managing the flow of electricity around the clock, every day of the year.