Title :
Effects of SMD on system operations NYISO experience
Abstract :
The New York Independent System Operator (NYISO) is an ISO sanctioned by the Federal Energy Regulatory Commission (FERC) for the purpose of managing the transmission system and facilitating an energy market. The NYISO is a not for profit organization formed in 1998 as part of the restructuring of New York State´s electric power industry. The NYISO controls the power system of New York State. The NYISO has no financial interest in the energy markets, and owns no generation, transmission or load. In accordance with the principles set by FERC for an ISO, the NYISO operates the system in an open and nondiscriminatory fashion, for the benefit of all market participants. The system operations and issues with this operation are discussed below.
Keywords :
electricity supply industry; power markets; power system control; transmission networks; Federal Energy Regulatory Commission; NYISO; New York Independent System Operator; electric power industry; energy market; market participants; power system controls; standard market design; transmission system managing; Automatic generation control; Control systems; Electrical equipment industry; Energy management; Forward contracts; Load forecasting; Power generation economics; Power markets; Power system economics; Power system management;
Conference_Titel :
Power Engineering Society General Meeting, 2003, IEEE
Print_ISBN :
0-7803-7989-6
DOI :
10.1109/PES.2003.1270973
