THE POWER OF MARKETS
TO DELIVER THE GRID OF THE FUTURE
Protecting consumers from investment risk while reinforcing reliability
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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.