Reliably Managing the Power Grid - NYISO
Transcript of Reliably Managing the Power Grid - NYISO
People Who Power New York
New York Independent System Operator
Reliably Managing the Power Grid
570+ employees strongWe have been in operation since 1999
We are grid operators, IT staff, engineers, economists, system planners, data analysts and more
67% of our employees have been here 5+ years
50+ employees have served in the military
50+ interns have been hired full-time
We promote from within and encourage career growth and development
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MAINTAINING and enhancing
regional reliability
OPERATING open and fair
wholesale electricity markets
PLANNING the bulk power
system for the future
PROVIDING factual information to
policymakers, stakeholders and investors
We are dedicated to a reliable, sustainable power grid and competitive markets.
A powerful purpose
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To achieve the state's environmental goals you need innovation. And for that, you need markets. We've got to work together and recognize that markets are a vehicle for success.
New York's competitive energy markets continue to drive down costs, reduce emissions and above all, maintain reliability.
RICH DEWEYPresident & CEO
EMILIE NELSONExecutive Vice President
A world leader in energy markets design, meeting aggressive environmental goals
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20 years of transparent energy market innovationOriginating as the New York Power Pool, we launched competitive wholesale energy markets to reduce costs for consumers.For two decades, our markets have worked with public policies to reduce emissions rates. At the same time we've reliably managed the grid to the most stringent standards in the nation.
Emissions rates from electric generation in New York: 2000-2018
We adhere to standards under the regulation of:
FERCFederal Energy
Regulatory Commission
NERCNorth
American Reliability
Corporation
NPCCNortheast
Power Coordinating
Council
NYSRCNew York
State Reliability
Council
NOx
and
SO� E
mis
sion
s Ra
te (l
bs/n
et M
Wh)
CO� E
mis
sion
s Ra
te (t
ons/
net M
Wh)
0.5
1.0
1.5
2.0
2.5
3.0
3.5
4.0
4.5
0.0
0.45
0.40
0.35
0.30
0.25
0.20
0.15
0.10
0.05
0.00
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
SO2
NOX
CO2
Sources: U.S. EPA, U.S. EIA
PSCNew York State Public Service Commission
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An unsurpassed reliability recordWe direct the flow of electricity over
11,000 miles of high-voltage transmission lines
Our grid operators work 24/7/365 to balance energy supply and demand, while meeting
1,000+ reliability requirements
They are the conductors in our electrical orchestra, directing generators, utilities
and transmission line owners
Grid of the futurePrice signals reflect system needs to attract least-cost solutions.
First-in-nation carbon pricing proposal to better align our markets with state goals for reduced CO2 emissions
Balancing solar and wind power intermittency and sustaining grid reliability
Developing market rules to integrate energy storage and distributed energy resources to grow participation
Behind-the-meter solar power forecasting tools to better reflect the growing impact of on-site solar
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We are a world leader and proven innovator in designing markets that maintain reliability while integrating green power sources.
Innovations include:
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System planning, reports & studiesWe conduct numerous studies and reports to prepare for New York's future energy needs.
We also provide detailed information to policymakers, stakeholders and investors in the power system.
Access our reports and data at www.nyiso.com/library
Power Trends
Comprehensive Reliability Plan (CRP)
Load & Capacity Data (Gold Book)
Strategic Plan
State of Storage Report
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A culture of diversityWe pride ourselves on promoting a culture of inclusion and collaboration, as well as an environment free from bias.
It's really exciting to see the
evolution of the electric grid.
An opportunity for 'change the world'
kind of cool.
I come to work every day
in awe of what we do.
I'm positively affecting peoples'
lives.
Distributed Resource Operations
Market Structures
Security Governance
IT Security
Independent System Operator (ISO) 1 of 9 in North America
We work with power producers, utility companies, state agencies, consumer and environmental interests, and other stakeholders
in a shared governance system
Reliably operating New York's power grid under strict regulatory oversight
Remaining independent, not-for-profit, and unaffiliated with market interests
We do not generate power or own transmission lines and are "resource agnostic"
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An electric culture, wired to serveRunning the grid takes dedication, and so does being a community-minded organization. We know the importance of caring for our neighbors and the personal impact we have on one another both locally and globally.
$1.4MDONATED
by the New York ISO employees to
local organizations
#PeopleWho PowerNewYork
New York Independent System Operator
10 Krey Boulevard, Rensselaer, New York 12144 Ph: 518-356-6000www.nyiso.com
Independent & transparent by designUnaffiliated with market interests, our mission is to serve the public under the oversight of state, federal and reliability organizations.
19.8M
435
30 M 11,000
New Yorkers served
Wholesale energy market participants
Tons of CO2 emissions avoided in 2018 vs. 2000
Circuit miles of transmission managed and monitored
Power generation units
Reduced fuel costs due to grid efficiencies
760
$7.8B
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