[Federal Register Volume 70, Number 50 (Wednesday, March 16, 2005)]
[Notices]
[Pages 12866-12867]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E5-1149]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket No. ER05-428-000]


New York Independent System Operator, Inc.; Notice of Staff 
Technical Conference

March 10, 2005.
    Take notice that a staff technical conference will be held on 
Monday, March 21, 2005, at 10 a.m. (e.s.t.) and, if necessary, on 
Tuesday, March 22, 2005, at the Federal Energy Regulatory Commission, 
888 First Street NE., Washington, DC 20426, in a room to be designated.
    As explained in the Commission's order directing staff to convene a 
technical conference,\1\ the purpose of the conference will be to 
address specific issues relating to the appropriateness of the specific 
parameters to be used by the New York Independent System Operator, Inc. 
(NYISO) in calculating the Installed Capacity (ICAP) Demand Curves for 
Capability Years 2005/2006, 2006/2007, and 2007/2008. Thus, staff is 
particularly interested in understanding how different assumptions for 
these issues will affect the Annual Reference Value, and potential 
interdependencies between different assumptions. Staff is looking for 
specific and factual recommendations on the parameters that should be 
used and why they are appropriate.
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    \1\ New York Independent System Operator, Inc., 110 FERC ] 
61,201 (2005).
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    Staff has identified the following specific issues:
1. Load Shapes
     Does the 2002 load shape used in the Levitan analysis 
represent normal weather? If not, what load shape does represent normal 
weather?
2. Modeling Assumptions
     Is it necessary to reflect recent new capacity additions 
in NYCA in the modeling of future net revenues?
3. Accuracy/Appropriateness of Peaking Unit Characteristics
     Are the operating characteristics of the assumed peaking 
units (the 7FA and LM6000) used by Levitan reasonable? If not, what are 
reasonable operating characteristics?
     Is the ability of these units to participate in ancillary 
services and day-ahead markets, particularly given their environmental 
permits, important in determining the parameters of the demand curve?
4. Peaking Unit Costs
     Are the capital cost assumptions and financing periods 
used in the Levitan analysis reasonable? If not, what assumptions are 
reasonable?
5. Scarcity Component
     Should the NYISO have included an adjustment for the 
scarcity component in their derivation of the Annual Reference Value, 
and if so, what adjustment is reasonable?
     What were the assumptions used to develop the scarcity 
component?
     Are the assumptions consistent with the Levitan analysis?
6. Local Siting Costs and Constraints
     Should local costs and constraints be included in 
development of costs for a representative peaking unit?
     Are Keyspan-Ravenswood's points concerning local siting 
issues, such as fixed gas transportation costs and local property 
taxes, correct?
7. Impact on Demand Curve Parameters
     How do you reflect potential interdependencies between 
different assumptions?
8. Should the Zero Crossing Point be changed? If so, what should be the 
Zero Crossing Point, and why?
9. Is it reasonable to include an adjustment reflecting winter and 
summer capacity levels in the Annual Reference Value for NYCA Demand 
Curve? Is it reasonable to not include a similar adjustment for the New 
York City Demand Curve?

    Those persons interested in speaking at the conference should send 
a short e-mail to [email protected] listing their name, title, 
affiliation, address, and a short (one paragraph preferred) description 
of the topic(s) they wish to discuss. Staff will prepare an agenda for 
the conference based on the responses received. Staff will determine 
the identity and times allotted for speakers. We encourage parties 
sharing the same position on an issue(s) to coordinate their efforts 
and designate the fewest number of speakers possible to present their 
positions.
    The conference will be transcribed. Transcripts of the conference 
will be immediately available from Ace

[[Page 12867]]

Reporting Company (202) 347-3700 or 1-800-336-6646) for a fee. They 
will be available for the public on the Commission's e-Library seven 
calendar days after FERC receives the transcript. The e-Library is 
accessible to the public on the Internet at http://ferc.fed.us/docs-filing/elibrary.asp.
    FERC conferences are accessible under section 508 of the 
Rehabilitation Act of 1973. For accessibility accommodations please 
send an e-mail to [email protected] or call toll free (866) 208-
3372 (voice) or (202) 208-1659 (TTY), or send a FAX to (202) 208-2106 
with the required accommodations.
    All interested parties and staff are permitted to attend the 
conference. For more information about the conference, please contact 
David Kathan at (202) 502-6404 or e-mail [email protected].

Magalie R. Salas,
Secretary.
[FR Doc. E5-1149 Filed 3-15-05; 8:45 am]
BILLING CODE 6717-01-P