February 24, 2015
The Federal Energy Regulatory Commission (FERC) directed the New York Independent System Operator (NYISO) to file tariff revisions to establish rates, terms and conditions for reliability-must-run (RMR) service under which generating units that announce their intention to shut down, but are needed to ensure transmission system reliability and the efficient operation of the NYISO markets, remain in service. The lack of tariff provisions for such service in NYISO creates uncertainty and could undermine the operation of the grid.