[Federal Register Volume 79, Number 217 (Monday, November 10, 2014)]
[Notices]
[Pages 66718-66720]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-26565]
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DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket No., AD14-18-000]
Joint Technical Conference on New York Markets & Infrastructure;
Second Supplemental Notice of Technical Conference
As announced in notices issued on September 17, 2014 \1\ and
October 10, 2014,\2\ the Federal Energy Regulatory Commission
(Commission) and the New York Public Service Commission will hold a
joint technical conference on November 5, 2014 from 9:00 a.m. to 4:00
p.m., to discuss issues of mutual interest and concern regarding the
installed capacity market and energy infrastructure in New York and
review the role of New York's centralized capacity market in attracting
investment and ensuring resource adequacy and reliability. The
conference will be held in the New York Institute of Technology
Auditorium located at 1871 Broadway, between 61st and 62nd Streets, New
York, NY 10023. An agenda identifying panelists for this conference is
attached. This conference is free of charge and open to the public.
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\1\ Joint Technical Conference on New York Markets &
Infrastructure, Docket No. AD14-00018-000 (September 17, 2014).
\2\ Supplemental Notice of Joint Technical Conference on New
York Markets & Infrastructure, Docket No. AD14-00018-000 (October
10, 2014).
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The technical conference will be transcribed. There will also be a
free webcast of the conference. The webcast will allow persons to
listen to the technical conference but not participate. There is
limited seating available at the conference venue, so those registrants
that have a confirmed space will be contacted by email. We encourage
all others to take advantage of the free webcast. The webcast is
available at the following Web site: http://bcove.me/n8ovpqg7. The link
will also be made available by navigating to the Calendar of Events at
www.ferc.gov and locating the technical conference in the Calendar. A
recording of the webcast will be made available after the conference in
the same location on the Calendar of Events.
While this conference is not for the purpose of discussing specific
cases, we note that the discussions at the conference may address
matters at issue in the following Commission proceedings that are
either pending or within their rehearing period:
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New York Independent Docket No. ER12-2414
System Operator, Inc.
New York Independent Docket No. ER10-2371
System Operator, Inc.
Independent Power Docket No. EL13-62
Producers of New York, Inc.
v. New York Independent
System Operator, Inc.
Hudson Transmission Docket No. EL12-98
Partners, LLC v. New York
Independent System Operator,
Inc.
Astoria Generating Docket No. EL11-50
Company, L.P., et al. v. New
York Independent System
Operator, Inc.
Astoria Generating Docket No. EL11-42
Company, L.P., et al. v. New
York Independent System
Operator, Inc.
New York Independent Docket No. EL07-39
System Operator, Inc.
Dunkirk Power, LLC.. Docket No. ER12-2237
Cayuga Operating Docket No. ER13-405
Company, LLC.
Niagara Mohawk Power Docket No. ER14-543
Corp.
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Information on the technical conference will be posted on the Web
site http://www.ferc.gov/EventCalendar/EventDetails.aspx?ID=7531&CalType=%20amp;CalendarID=116&Date=11/05/
2014&View=Listview, as well as the Calendar of Events on the
Commission's Web site, http://www.ferc.gov, prior to the conference.
Commission conferences are accessible under section 508 of the
Rehabilitation Act of 1973. For accessibility accommodations, please
send an email to [email protected] or call toll free 1-866-208-
3372 (voice) or 202-502-8659 (TTY), or send a FAX to 202-208-2106 with
the required accommodations.
[[Page 66719]]
For more information about the technical conference, please
contact:
Kathleen Schnorf (Technical Information), Office of Energy Market
Regulation, Federal Energy Regulatory Commission, 888 First Street NE.,
Washington, DC 20426, (202) 502-8547, [email protected].
Betty Watson (Technical Information), Office of Energy Policy and
Innovation, Federal Energy Regulatory Commission, 888 First Street NE.,
Washington, DC 20426, (202) 502-8552, [email protected].
Kate Hoke (Legal Information), Office of General Counsel, Federal
Energy Regulatory Commission, 888 First Street NE., Washington, DC
20426, (202) 502-8404, [email protected].
Sarah McKinley (Logistical Information), Office of External Affairs,
Federal Energy Regulatory Commission, 888 First Street NE., Washington,
DC 20426, (202) 502-8004, [email protected].
October 31, 2014.
Nathaniel J. Davis, Sr.,
Deputy Secretary.
Joint FERC-NYPSC Technical Conference on New York Markets &
Infrastructure
Docket No. AD14-18-000, November 5, 2014
Agenda
8:00 a.m.-9:00 a.m.--Registration
9:00 a.m.-9:30 a.m.--Opening remarks by Commissioners
9:30 a.m.-10:15 a.m.--NYISO and Independent Market Monitor presentation
NYISO and the Independent Market Monitor will report on the recent
performance of NYISO's capacity market. NYISO will also describe
current initiatives it is undertaking, and hurdles it is facing, as it
seeks to improve performance of its capacity market to attract adequate
investment in resources and infrastructure to efficiently meet New York
State's reliability/resource adequacy needs. NYISO will provide
information on recent investments made in resources and infrastructure
through NYISO's markets and transmission planning efforts, and discuss
the implementation of the new capacity zone in the Lower Hudson Valley.
NYISO will provide a brief update on preparedness for the upcoming
winter. Finally, the Independent Market Monitor will provide its
recommendations for improved performance of NYISO's capacity market.
10:15 a.m.-12:15 p.m.--Panel One: Assessing the performance of NYISO's
capacity market design in attracting investment in resources and
infrastructure to meet reliability/resource adequacy needs
This session will discuss the role of NYISO's capacity market in
attracting investment in both resources and infrastructure in order to
meet New York State's reliability and/or resource adequacy needs. In
particular, panelists should discuss the particular capacity market
design features that encourage merchant investment in resources and
infrastructure. Panelists will be asked to discuss how the capacity
market is addressing local and state-wide resource adequacy and
reliability issues at just and reasonable rates. Finally, panelists
should discuss what changes, if any, should be considered going forward
to improve the performance of NYISO's capacity market.
Panelists should be prepared to discuss the following questions:
a. How do particular market design features impact infrastructure
investment decisions by merchant entities? How can these market design
aspects best address the interests of both buyers and sellers? How do
buyer-side mitigation measures affect investment? Should the NYISO
capacity market provide a longer revenue certainty period (e.g., 3, 5,
or 10 years)? Does the existing NYISO capacity market appropriately
incent investment as compared with three-year forward market designs in
other capacity markets (e.g., PJM, ISO-NE)? Are long-term bilateral
contracts a feasible alternative procurement mechanism for New York
(e.g., California model)?
b. Are changes to NYISO's capacity market necessary to better
ensure resource performance during peak demand conditions (summer or
winter)?
c. Why are Reliability Support Services (RSS) needed? What is the
effect of RSS agreements on the ability of the NYISO capacity market to
efficiently meet the intended goal of incentivizing investment in
resources and infrastructure? Are there other market and infrastructure
impacts of the use of RSS agreements?
d. How does NYISO coordinate its planning processes and its
capacity market? Are there possible improvements in the coordination
efforts?
e. How is the planning of transmission, generation and other
resources coordinated between retail and wholesale markets?
Panelists:
Gavin Donohue--Independent Power Producers of New York
Glenn Haake--New York Power Authority
Marji Philips--Direct Energy
Mike Mager--Multiple Intervenors
Raymond Kinney--New York State Electric & Gas
Robert O. Gurman--Pocono Manor Investors
12:15 p.m.-1:00 p.m.--Lunch Break
1:00 p.m.-3:00 p.m.--Panel Two: Role of NYISO's capacity market in
attracting investment in resources and infrastructure needed to meet
public policy objectives
This session will focus on whether, and to what extent, NYISO's
capacity market should play a role in attracting investment in
resources and infrastructure to meet public policy objectives. There
may be a range of public policy objectives, including increasing
renewable resources; maintaining or increasing clean energy resources
to meet emission reduction goals; increasing distributed resources;
increasing energy efficiency and demand response resources; maintaining
fuel diversity; maintaining price stability for customers (wholesale,
retail, commercial and industrial); economic development; and spurring
investment in resources and infrastructure (both power lines and gas
pipelines). Panelists should address whether these objectives are
appropriately addressed through the NYISO capacity market. If so, this
session will also include a discussion of whether certain aspects of
the current NYISO capacity market design--in particular the capacity
market product definition--need to change to achieve the requisite
public policy objectives. The discussion may also explore whether some
of these objectives are complementary or in conflict with other
objectives.
Panelists should be prepared to discuss the following questions:
a. Are changes to the capacity market needed to account for fuel
availability/firmness of fuel, or to differentiate the value of
capacity resources based on the ``firmness'' of fuel arrangements?
b. Should the capacity market specifically account for or otherwise
value resources that are intended to meet current or future public
policy goals (e.g., fuel diversity or emission reduction goals)? How
should there be modifications to the buyer-side mitigation rules to
help achieve those goals?
c. What price signals and tariff changes may be needed to achieve
the objectives under discussion in the PSC's Reforming the Energy
Vision (REV) proceeding?
[[Page 66720]]
d. Are there market, environmental, or other barriers to entry in
certain locations or for certain kinds of resources (e.g., repowering
assets in New York City)?
e. Are there broader market design features outside of the capacity
market (e.g., scarcity and shortage pricing) that could be adjusted to
account for public policy objectives (e.g., increasing renewables)?
Panelists:
Kevin Lang--City of New York
Jackson Morris--Natural Resources Defense Council
John Reese--USPowerGen
James Holodak Jr.--National Grid
Patricia Stanton--Conservation Services Group
Scott Harvey--FTI Consulting
3:00 p.m.-3:15 p.m.--Break
3:15 p.m.-4:00 p.m.--Roundtable discussion among Commissioners/Wrap up
Discussion of possible paths forward for identified issues and
solutions.
[FR Doc. 2014-26565 Filed 11-7-14; 8:45 am]
BILLING CODE 6717-01-P