Joint Technical Conference on New York Markets & Infrastructure; Supplemental Notice of Technical Conference, 63618-63619 [2014-25323]

Download as PDF 63618 Federal Register / Vol. 79, No. 206 / Friday, October 24, 2014 / Notices (866) 208–3676 (toll free). For TTY, call (202) 502–8659. Comment Date: 5:00 p.m. Eastern Time on November 7, 2014. Dated: October 17, 2014. Kimberly D. Bose, Secretary. [FR Doc. 2014–25327 Filed 10–23–14; 8:45 am] BILLING CODE 6717–01–P DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. AD14–18–000] asabaliauskas on DSK5VPTVN1PROD with NOTICES Joint Technical Conference on New York Markets & Infrastructure; Supplemental Notice of Technical Conference As announced in the Notice issued on September 17, 2014,1 the Federal Energy Regulatory Commission (Commission), jointly with the New York Public Service Commission will hold a technical conference on November 5, 2014 from 9:00 a.m. to approximately 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. A preliminary agenda for this conference is attached. Conference panelists will be identified in a subsequent notice. This conference is free of charge and open to the public. The technical conference will be transcribed. The conference will also be Webcast. The Webcast will allow persons to listen to the technical conference, but not participate. Further details on the Webcast, including the link, will be provided in a subsequent notice. Information on the technical conference will be posted on the Web site http://www.ferc.gov/EventCalendar/ EventDetails.aspx?ID=7531& CalType=%20&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 1 Joint Technical Conference on New York Markets & Infrastructure, Docket No. AD14–00018– 000 (September 17, 2014). VerDate Sep<11>2014 20:00 Oct 23, 2014 Jkt 235001 accessibility accommodations, please send an email to accessibility@ferc.gov 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. 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, Kathleen.Schnorf@ferc.gov. Betty Watson (Technical Information), Office of Energy Policy and Innovation, Federal Energy Regulatory Commission, 888 First Street NE., Washington, DC 20426, (202) 502– 8552, Betty.Watson@ferc.gov. Kate Hoke (Legal Information), Office of General Counsel, Federal Energy Regulatory Commission, 888 First Street NE., Washington, DC 20426, (202) 502–8404, Katheryn.Hoke@ ferc.gov. Sarah McKinley (Logistical Information), Office of External Affairs, Federal Energy Regulatory Commission, 888 First Street NE., Washington, DC 20426, (202) 502– 8004, Sarah.McKinley@ferc.gov. Dated: October 10, 2014. Kimberly D. Bose, Secretary. Joint FERC–NYPSC Technical Conference on New York Markets & Infrastructure Docket No. AD14–18–000 November 5, 2014 Preliminary 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 PO 00000 Frm 00022 Fmt 4703 Sfmt 4703 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 longterm 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:\FR\FM\24OCN1.SGM 24OCN1 asabaliauskas on DSK5VPTVN1PROD with NOTICES Federal Register / Vol. 79, No. 206 / Friday, October 24, 2014 / Notices e. How is the planning of transmission, generation and other resources coordinated between retail and wholesale markets? 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? 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)? VerDate Sep<11>2014 20:00 Oct 23, 2014 Jkt 235001 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)? 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. 2014–25323 Filed 10–23–14; 8:45 am] BILLING CODE 6717–01–P DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket. No. AD14–14–000] Price Formation in Energy and Ancillary Services, Markets Operated by Regional Transmission, Organizations and Independent System Operators: Supplemental Notice of Workshop on Price Formation: Scarcity and Shortage Pricing, Offer Mitigation, and Offer Caps in RTO and ISO Markets As announced in a Notice issued on September 5, 2014, the Federal Energy Regulatory Commission (Commission) will hold a workshop on Tuesday, October 28, 2014 to commence a discussion with industry on scarcity and shortage pricing, offer mitigation, and offer caps in energy and ancillary service markets operated by the Regional Transmission Organizations and Independent System Operators (RTOs/ISOs). The workshop will commence at 8:45 a.m. and conclude at 5 p.m. and will be held at the Federal Energy Regulatory Commission, 888 First Street NE., Washington, DC 20426. This workshop is free of charge and open to the public. Commission members may participate in the workshop. The agenda and a list of participants for this workshop are attached. Those who plan to attend the workshop are encouraged to complete the registration form located at https://www.ferc.gov/ whats-new/registration/10-28-14form.aspx. There is no registration deadline. The workshop will be transcribed. Transcripts of the workshop will be available for a fee from Ace-Federal Reporters, Inc. (202–347–3700 or 1– 800–336–6646). Additionally, there will be a free webcast of the workshop. The webcast will allow persons to listen to the workshop but not participate. PO 00000 Frm 00023 Fmt 4703 Sfmt 4703 63619 Anyone with Internet access who wants to listen to the workshop can do so by navigating to the Calendar of Events at www.ferc.gov, locating the technical workshop in the Calendar, and clicking on the webcast link. The Capitol Connection provides technical support for the webcast and offers the option of listening to the meeting via phonebridge for a fee. If you have any questions, visit www.CapitolConnection.org or call 703– 993–3100. While this workshop is not for the purpose of discussing specific cases, the workshop may address matters at issue in the following Commission proceedings that are pending: Astoria Generating Company L.P. v. New York Independent System Operator, Inc., Docket Nos. EL11–42 and EL11–50; California Independent System Operator Corporation, Docket No. ER14–1386 and ER14–2484; Hudson Transmission Partners, LLC v. New York Independent System Operator, Inc., Docket No. EL12–98; Independent Power Producers of New York, Inc. v. New York Independent System Operator, Inc., Docket No. EL13–62; ISO New England, Inc. and New England Power Pool, Docket Nos. EL14–52, ER 14–1050, ER14–2419, and ER14–2929; Midcontinent Independent System Operator, Inc., Docket Nos. ER14–2156, and ER11–4081; PJM Interconnection, L.L.C., Docket Nos. ER14–1144 and ER14–1145; New York Independent System Operator, Inc., Docket No. EL07–39; Old Dominion Electric Cooperative, Docket No. ER14–2242; Seneca Power Partners, L.P. v. New York Independent System Operator, Inc., Docket No. EL12–6; and Southwest Power Pool, Inc., Docket No. ER15–21. Commission workshops are accessible under section 508 of the Rehabilitation Act of 1973. For accessibility accommodations please send an email to accessibility@ferc.gov or call toll free (866) 208–3372 (voice) or (202) 502– 8659 (TTY), or send a fax to (202) 208– 2106 with the requested accommodations. For more information about the workshop, please contact: Logistical information: Sarah McKinley, Office of External Affairs, Federal Energy Regulatory Commission, 888 First Street NE., Washington, DC 20426, (202) 502–8368, sarah.mckinley@ferc.gov. Scarcity/shortage pricing: Bob Hellrich-Dawson, Office of Energy Policy and Innovation, Federal Energy Regulatory Commission, 888 First Street NE., Washington, DC 20426, (202) 502– 6360, bob.hellrich-dawson@ferc.gov. E:\FR\FM\24OCN1.SGM 24OCN1

Agencies

[Federal Register Volume 79, Number 206 (Friday, October 24, 2014)]
[Notices]
[Pages 63618-63619]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-25323]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket No. AD14-18-000]


Joint Technical Conference on New York Markets & Infrastructure; 
Supplemental Notice of Technical Conference

    As announced in the Notice issued on September 17, 2014,\1\ the 
Federal Energy Regulatory Commission (Commission), jointly with the New 
York Public Service Commission will hold a technical conference on 
November 5, 2014 from 9:00 a.m. to approximately 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. A 
preliminary agenda for this conference is attached. Conference 
panelists will be identified in a subsequent notice. This conference is 
free of charge and open to the public.
---------------------------------------------------------------------------

    \1\ Joint Technical Conference on New York Markets & 
Infrastructure, Docket No. AD14-00018-000 (September 17, 2014).
---------------------------------------------------------------------------

    The technical conference will be transcribed. The conference will 
also be Webcast. The Webcast will allow persons to listen to the 
technical conference, but not participate. Further details on the 
Webcast, including the link, will be provided in a subsequent notice.
    Information on the technical conference will be posted on the Web 
site http://www.ferc.gov/EventCalendar/EventDetails.aspx?ID=7531&CalType=%20&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 accessibility@ferc.gov 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.
    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, Kathleen.Schnorf@ferc.gov.
Betty Watson (Technical Information), Office of Energy Policy and 
Innovation, Federal Energy Regulatory Commission, 888 First Street NE., 
Washington, DC 20426, (202) 502-8552, Betty.Watson@ferc.gov.
Kate Hoke (Legal Information), Office of General Counsel, Federal 
Energy Regulatory Commission, 888 First Street NE., Washington, DC 
20426, (202) 502-8404, Katheryn.Hoke@ferc.gov.
Sarah McKinley (Logistical Information), Office of External Affairs, 
Federal Energy Regulatory Commission, 888 First Street NE., Washington, 
DC 20426, (202) 502-8004, Sarah.McKinley@ferc.gov.

    Dated: October 10, 2014.
Kimberly D. Bose,
Secretary.

Joint FERC-NYPSC Technical Conference on New York Markets & 
Infrastructure

Docket No. AD14-18-000

November 5, 2014

Preliminary 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?

[[Page 63619]]

    e. How is the planning of transmission, generation and other 
resources coordinated between retail and wholesale markets?

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?
    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)?

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. 2014-25323 Filed 10-23-14; 8:45 am]
BILLING CODE 6717-01-P