Press Releases

IPPNY Statement on NYISO Five-Year Reliability Report

The Independent Power Producers of New York (IPPNY) today responded to the release of the New York Independent System Operator’s (NYISO) Short-Term Assessment of Reliability report, which serves as a quarterly five-year look ahead for system reliability.

The assessment identified reliability needs in New York City in 2026, in Long Island in 2027, and in the Hudson Valley region in 2030, stemming from the planned retirements of peaker plants due to public policy and insufficient investment signals. Importantly, the recent analysis highlights the conclusions of the NYISO’s Power Trends report, released in June, which noted the need to repower aging plants to ensure reliability, specifically downstate, where there is continued strain on the electric grid.

IPPNY President and CEO Gavin J. Donohue said: “The NYISO’s findings should be alarming to residents and serve as another wake up call for the State. Electric demand is continuing to drastically rise, and the State needs to look at all possible resources to safeguard the strict reliability standards that millions of New Yorkers depend on. History has shown that if the right market signals are in place, the private sector will invest in the necessary resources to address these shortfalls. All potential solutions must be on the table.”

“As this report shows, even with the Champlain Hudson Power Express transmission project online, reliability margins will be breached in the near future due to the lack of resources with the same capabilities coming onto the system to replace the planned peaker retirements,” Donohue added. “New York cannot continue to walk a tightrope when it comes to reliability, health, and safety. Increasing dispatchable generation must be prioritized so that the State does not go dark.”