Electric Power Generation and Distribution

Electrical Components

Electrical Services

  • Operating New York’s Electric Grid: Part 2

    ELECTRICAL SERVICES
    To ensure power is affordable for consumers while providing fair compensation for suppliers, the New York Independent System Operator (NYISO) runs a wholesale electricity market based on a methodology known as locational based marginal pricing (LBMP) and a two-settlement process with day-ahead and real-time bid markets.
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