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    Technology

    Power Trends: New York ISO Podcast

    The Power Trends Podcast produced by the New York Independent System Operator where we discuss energy planning, public policy, and other issues affecting New York’s power grid.

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    Copyright: © 2021 Power Trends: New York ISO Podcast

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    Latest Episodes:
    Episode 14: NYISO VP Zach Smith on Emission-Free Grid Planning, Climate Change & the Interconnection Queue Apr 19, 2021
    Show notes

    It’s Zach Smith’s job to prepare the New York energy grid for the future. Our Vice President of System and Resource Planning manages the team that looks at all potential reliability issues the grid could face, from a week to 10 years in the future.
    The team also looks at all proposed energy resources that seek to enter the grid via our Interconnection Queue process, and the impact these resources could have on reliability. In the past several years, we’ve made changes to the process of approving new resources, speeding up the approval process to reduce the cost to developers.

    “We’ve had this comprehensive planning process for many years now,” he said, in an interview with Kevin Lanahan, Vice President of External Affairs and Corporate Communications. “Now, with the changes to the grid, it’s so much more vitally important. We’re encountering all kinds of new challenges.”

    New York State’s Climate Leadership and Community Protection Act (CLCPA) sets the nation’s most ambitious clean energy targets. Under the CLCPA, the grid must get 70% of its energy from renewable sources by 2030, as well as be emission-free by 2040.

    “Some of the challenges are based around what happens when the weather doesn’t cooperate,” Smith said.

    “What if the wind ceases to blow, what if clouds come in and you get less sunshine?” Smith asked. “You are still going to have significant electric demand. You need resources standing, willing and ready to produce, sometimes at a moment’s notice.”

    In addition, the changing climate presents its own grid concerns. We recently published our Climate Change and Impact Study, which offers suggestions on where to strengthen the grid in order to keep it resilient in the face of risks to reliability like cold snaps, heat waves and ice storms. We’re evaluating all of the potential conditions and the corresponding economics . The way that we do that is through the interconnection process.

    Meanwhile, we continue to see a tremendous number of new clean energy resources that developers are seeking to install in the coming years. Planning for these new resources, a process called the Interconnection Queue, is also a vital part of Smith’s duties.

    “We’re evaluating all of that to make sure that the reliability and resiliency of the grid is maintained,” he said. “The New York ISO plays an important role in enabling these new resources and making sure they can interconnect reliably.”

    Learn more, read our blog: The Road to 2040: Our Interconnection Queue Shows Unprecedented Growth of Clean Energy Investment in NY

    Learn More

    • Follow us on X/Twitter @NewYorkISO, LinkedIn @NYISO, Bluesky @nyiso.com
    • Read our blogs and watch our videos

    Episode 13: Key Capture Energy’s Jeff Bishop on the Critical Role of Storage in Greening the Grid Mar 01, 2021
    Show notes

    Jeff Bishop, CEO and co-founder of Key Capture Energy, got his start in the energy business 20 years ago developing wind farms in New York and around the world. In 2016, he and New York native Dan Fitzgerald crunched the numbers and saw the future in battery storage. Together, they formed Key Capture Energy. The Albany-based company has 54 megawatts of storage in operation in New York and Texas, with an additional 200 MW under construction and a whopping 2.5 gigawatts in development in the Northeast and in Texas.

    As New York moves to a zero-emission grid, mandated by the CLCPA to be in place by 2040, energy storage plays a critical role. The state has called for 3,000 MW of storage by then. But Bishop said those numbers are just part of why Key Capture Energy is investing in New York.

    “New York is doing everything all at once,” he says. “A bunch of offshore wind, retirement downstate of dual-fuel peakers, all of this just leads to a grid that needs battery storage.”

    “Markets have traditionally rewarded what is economical but they need to reward what the grid needs five years from now,” Bishop explains. At the NYISO, our work preparing markets for energy storage led the nation with new rules already in place to broaden the ability of storage to bolster the reliable use of renewable resources.

    “We need it all,” says Bishop, referring to the many technologies expected to be serving the grid by 2040. “We need those 9,000 megawatts of offshore wind to come into Long Island and New York City. We need the rooftop solar. We need all sorts of distributed solar. We need transmission upgrades. And we need energy storage.”

    Learn More

    • Follow us on X/Twitter @NewYorkISO, LinkedIn @NYISO, Bluesky @nyiso.com
    • Read our blogs and watch our videos

    Episode 12: Emilie Nelson Advises the CAC that a System of Markets, Physics and People Will Produce a Reliable Zero-Emissions Grid Jan 19, 2021
    Show notes

    Emilie Nelson, NYISO’s Executive Vice President, has more than two decades of experience in the energy industry. She’s also a member of the Power Generation Advisory Panel to the New York State Climate Action Council (CAC).
    The CAC will produce the scoping plan for a 70% renewable grid by 2030 and zero-emissions by 2040, placing Nelson in an active role for the most aggressive clean energy plan in the nation.
    "It’s been called a ‘moonshot’ goal," Nelson said, in regard to the Climate Leadership and Community Protection Act. "New York’s grid is now around 27% renewable. We need to push that number to 70% in 10 years,"a mission she takes very seriously and is actively engaged.
    How is our organization partnering with the state to meet these ambitious steps? Through a variety of actions: making changes to our wholesale electricity markets that reward investment in clean energy, for instance, or identifying new transmission needs so more upstate-based green power can be moved downstate, where demand is highest. Finally, we’ve recently published a guide for the CAC that explains how markets and state policy can work together to reach the renewable and emissions goals.
    "There is no one single thing, no magic, that will provide grid reliability," Nelson said. "The system must function together."

    Learn More

    • Follow us on X/Twitter @NewYorkISO, LinkedIn @NYISO, Bluesky @nyiso.com
    • Read our blogs and watch our videos

    Episode 11: John Reese talks "Big Think" on Power Gen's Clean Energy Future Dec 15, 2020
    Show notes

    John Reese has a long history in the energy business, from roles with New York State, the U.S. Department of Energy, and his current position as Senior Vice President at Eastern Generation, which currently provides more than 20% of New York City’s energy capacity.
    He is also serving on the Power Generation Advisory Panel. It’s one of six panels organized to assist New York’s Climate Action Council, which is responsible for developing a scoping plan to guide the state on its journey toward reaching a zero-emission grid by 2040. John spoke with Kevin Lanahan, our Vice President of External Affairs and Corporate Communications, for our latest Power Trends Podcast.
    “It’s pretty uncharted territory,” says Reese. “It involves fundamental, societal change."
    Reese explores a variety of solutions, including:

    • Greater investment in battery storage (the CLCPA calls for adding 3,000 MW to the grid)
    • The potential for generating power from “green” hydrogen gas created via excess renewable energy
    • Carbon pricing, which would incorporate a “social cost” of carbon emissions into New York’s wholesale energy markets to make clean energy more competitive

    Mostly, it will take a number of creative solutions, including technologies that are currently in the research-and-development phase, he says.

    Maintaining “fast-ramping” resources in New York City is vital for reliability, Reese explains, especially at times of high demand, due to transmission limitations in densely populate areas. As the state continues to move to a grid of the future, Reese will continue to play a vital role in its development.

    In closing, Reese suggests we keep all solutions in mind as we move to the future. “One of the things we’re going to need very clearly,” he says, “is flexibility.”

    Learn More

    • Follow us on X/Twitter @NewYorkISO, LinkedIn @NYISO, Bluesky @nyiso.com
    • Read our blogs and watch our videos

    Episode 10: Bob Hiney Offers His Wisdom & Advice on the Future of New York’s Grid Sep 18, 2020
    Show notes

    What do you get when your avowed hobby is “energy policy?” With Bob Hiney, you get a man steeped in the minutia of New York’s energy markets, with four decades of experience in the electric power industry.
    Hiney, a member of the NYISO Board of Directors for 14 years, previously chaired the Management Committee and filled other important roles. He recently retired, but vowed to follow us closely.
    Looking back over his long and storied career, Hiney reflected on how New York’s energy markets have helped make sure the energy grid had enough power to meet demand while promoting innovation to bring us to the grid of the future. For our podcast, he spoke to Kevin Lanahan, Vice President of External Affairs and Corporate Communications.
    More than 20 years after he helped design and establish our energy markets, he is pleased to see how the competitive markets have kept prices low while encouraging investment in new resources. But what does he see for the future?
    “This is a tremendous opportunity for the ISO and the electric power industry to reduce carbon,” he said. “We’re going to be spending a lot more time focusing on the demand side and how to capitalize on the flexibility that electric vehicles will provide. Balancing the intermittent energy from solar and wind is a challenge, but I see it as a real opportunity.”
    At a time when other states are facing reliability concerns, Hiney noted the importance of our capacity market to meet resource adequacy. He also noted the benefits of our carbon pricing proposal, which would incorporate a cost of carbon dioxide emissions into the energy markets.
    “Putting resources in the right place is going to be very important,” he said. "Carbon pricing will be the most accurate possible signal you can give to an investor on where best to build his facilities and what technologies to use."

    Learn More

    • Follow us on X/Twitter @NewYorkISO, LinkedIn @NYISO, Bluesky @nyiso.com
    • Read our blogs and watch our videos

    Episode 9: From COVID-19 to the CLCPA, Our Power Trends Report is a Must-Read for Grid Stakeholders & Policymakers Jul 20, 2020
    Show notes

    What goes into the making of Power Trends, our annual report that tells the story of the electric grid in New York State? And why do you need to read it?
    In our latest podcast, the NYISO’s Ray Stalter and Gary Davidson discuss how Power Trends 2020: The Vision for a Greener Grid, is created to inform policymakers, stakeholders, and others interested in the state of the electric grid in New York, and the forces shaping the grid of the future. Power Trends covers the “need to know” issues associated with meeting our future energy needs in a simple and easy format.
    “It really does involve the engagement and hard work of pretty much every department within the company,” says Stalter, Director of Regulatory Affairs, who leads the annual publication effort and is one of the primary authors.
    In this episode, Stalter is joined by co-author Gary Davidson, Regulatory Affairs Principal, to discuss the months it takes to put Power Trends together and its importance to both energy industry stakeholders and the general public. Davidson commented, “it’s a labor of love.”
    Months in the making, Power Trends covers supply and demand trends, the changing resource mix, and the need for investment in transmission. From the growth of renewable resources to the impact of COVID-19 on power consumption, Power Trends informs and educates on the grid of today and what is being done to enable the state’s Climate Leadership and Community Protection Act, which calls for a carbon-free grid by 2040.
    Visit the Power Trends 2020 web page: https://bit.ly/2zp87SC

    Learn More

    • Follow us on X/Twitter @NewYorkISO, LinkedIn @NYISO, Bluesky @nyiso.com
    • Read our blogs and watch our videos

    Episode 8: Wes Yeomans on Staying Calm, Sequestering Operators, & the Virtues of Virtual Campfires Apr 09, 2020
    Show notes

    What do you do when faced with the unknown risks of a new disease if you’re in charge of the reliability of the energy grid in New York State? For Wes Yeomans, our Vice President of Operations, the advent of COVID-19 meant putting into place our pandemic response plan. And for 37 NYISO Control Room operators, managers, and support staff, that meant total sequestration from the outside world until further notice.
    “It was prudent to isolate them from society,” Yeomans explains on the most recent Power Trends Podcast. “Just like planes can't fly without pilots and co-pilots, the electric system can't run without electric operators."
    That’s why, in mid-March, we took the unprecedented step of removing these vital staff from their families and setting up a home-away-from-home for the operators to live, work and recreate until COVID-19 is no longer a risk. To find out how we are maintaining both reliability of the grid and the physical and mental health of our valued staff, listen to the new podcast.

    Learn More

    • Follow us on X/Twitter @NewYorkISO, LinkedIn @NYISO, Bluesky @nyiso.com
    • Read our blogs and watch our videos

    Episode 7: Clarkson President Anthony Collins on a Culture of Innovation Mar 05, 2020
    Show notes

    Dr. Anthony Collins, President of Clarkson University since 2003, believes in the importance of finding new ways to promote a culture of innovation in one of the nation’s top technical colleges. It’s a culture engrained in our mission here at the NYISO as we transition to the grid of the future.
    Why does that matter so much today? We are in the midst of some of the biggest changes to the energy grid that we’ve seen in a century, as we move from traditional forms of generation to resources more reliant on solar and wind which literally change with the weather. As we prepare to make changes to our energy markets to support these new technologies, we need staff with both strong technical knowledge and the ability to think creatively. Clarkson University, which has prepared many of our talented staff in the past (including our President and CEO Rich Dewey), is creating the types of graduates we are looking for.
    Dr. Collins recently spoke to NYISO Vice President of External Affairs and Corporate Communications, Kevin Lanahan, for our Power Trends Podcast. Hear the steps Clarkson University has taken to prepare its students for the jobs of tomorrow, from creating an “Innovation Hub” in the center of campus to investing in businesses owned by students.

    Learn More

    • Follow us on X/Twitter @NewYorkISO, LinkedIn @NYISO, Bluesky @nyiso.com
    • Read our blogs and watch our videos

    Episode 6: State of the Grid with Rich Dewey, Outlines NYISO Initiatives to Meet Climate & Policy Goals Feb 05, 2020
    Show notes

    In 2020, the pace of change on the power grid is being driven by aggressive legislation and the ways in which clean energy resources are being economically reevaluated.

    In the past, reliability at the lowest-cost solution for ratepayers was paramount, but the urgency of climate change has shifted policies, priorities, and resources. How the transition plays out will be shaped by innovation and economic drivers. In Episode 6 of the Power Trends Podcast, NYISO President & CEO Rich Dewey shares his vision for addressing this radical evolution.
    Dewey explains how our 20-year history of navigating changes in markets and policy have benefited significantly from our shared governance structure which brings diverse perspectives and interests to the table to drive innovation. Through this process, stakeholders collaborate with the NYISO to address complex problems by reconciling conflicting points of view in a manner that effectively drives consensus in the end.

    With the impending influx of renewables, and their inherent intermittency, the NYISO is pursuing a variety of solutions with its stakeholders. Our grid in transition initiatives include:

    • Our carbon pricing proposal, which continues to build support
    • Rules for participation of aggregations of Distributed Energy Resources (DERs) including solar and storage, and Energy Storage Resources (ESR) in markets, both of which were recently accepted by FERC (subject to further compliance filings)
    • A variety of market structures to address the intermittency of renewables and with products that promote quick start pricing to reliability response and a more flexible and resilient grid

    Learn More

    • Follow us on X/Twitter @NewYorkISO, LinkedIn @NYISO, Bluesky @nyiso.com
    • Read our blogs and watch our videos

    Episode 5: RFF's Karen Palmer on Carbon Pricing & Multistate Impacts Jan 02, 2020
    Show notes

    Dr. Palmer is currently a Senior Fellow and Director of the Future of Power Initiative at Resources for the Future (RFF), one of the oldest and most prestigious environmental think tanks in the country. In Episode 5 of our Power Trends Podcast, Dr. Palmer speaks with our Vice President of External Affairs, Kevin Lanahan about a study recently conducted by RFF on the New York ISO’s carbon pricing proposal.

    Findings of the study project the following outcomes, using the RFF’s Engineering, Environmental and Economic Electricity Simulation Tool (E4ST). It demonstrated that our proposal would, by 2025:

    • Reduce CO2 emissions from New York's generators by between 6% and 22%
    • Extend emissions reductions and health benefits to the large RGGI (Regional Greenhouse Gas Initiative) are from Maine to Maryland, including New Jersey and Virginia
    • Provide an annual net benefit to society at large of between $108M to $651M

    Regarding the ability to provide market incentives consistent with the state’s environmental policy, Palmer quoted colleague, Dr. Susan Tierney of the Analysis Group who said that the New York ISO’s carbon pricing proposal would, “get clean energy goals and markets ‘rowing in the same direction.”

    Learn More

    • Follow us on X/Twitter @NewYorkISO, LinkedIn @NYISO, Bluesky @nyiso.com
    • Read our blogs and watch our videos

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