brad jones nyiso

Mr. Jones succeeds Stephen G. Whitely, who announced retirement plans but will assist with the NYISO leadership transition. Letter from John Rhodes, DPS and Brad Jones, NYISO Re. Brad Jones, president and CEO, NYISO: What we’re focused on at the larger level is how do we achieve this 50 by ‘30 goal? October 16, 2018. "The DER Roadmap is a step toward building the grid of the future as we transition from the century-old, centralized power system to a diverse, distributed, bi-directional grid," said NYISO President and CEO Brad Jones. Access latest metal news and analysis, conferences and events. Bradley C. Jones became President and Chief Executive Officer of the New York Independent System Operator (NYISO) on October 12, 2015. Access latest petrochemicals news and analysis, conferences and events. And while NYISO supports the ZEC program, it also supports moving low-carbon emissions reinforcement into the competitive market environment. if the 5th attempt fails, the account will be locked for 30 minutes, Please use only English characters (A-Z, a-z), You already have an account, Please log in or reset password. It will guide developers, communities and others as they seek to invest in a more flexible and dynamic grid.” NYISO’s CEO, Brad Jones, said the Roadmap would help to “highlight opportunities for more emerging resources to participate in our markets. The evolving generation portfolio has also contributed to a congested transmission system that "doesn't allow for efficient flow of energy from low-cost renewable resources in the north and west portions of New York State to the downstate load centers in the southeast," Jones said. With regard to NYISO market dynamics, Jones finds the grid operator's generation supply mix and public policy initiatives exerting the most pressure. Alice Wu Access latest coal news and analysis, conferences and events. An email confirming your password has been sent. NYISO President and CEO Brad Jones called the roadmap a "step toward building the grid of the future," and said it would help to "highlight opportunities … A quick look across the energy landscape shows we’re in a period of exciting innovation. The new line will "unbottle renewable resources from the Niagara hydroelectric project and from Ontario to bring the clean energy" to eastern and southern New York load centers. The system operator will conduct "extensive stakeholder engagement" in an effort to develop a more detailed plan and timetable by this January. By submitting this form you acknowledge that you have read and you agree to our, You must select at least one interest to continue, You are a premium subscriber, we are unable to send you a link to reset password for security reasons., US and Iran to initiate indirect treaty talks on April 6, Brazil's Petrobras sets monthly ULSD sales record in March, Commodity Prices and Essential Market Data, Platts North America Natural Gas Methodology and Market Update, S&P Global Platts Virtual Dubai Energy Forum, 36th Annual Global Power Markets™ Virtual Conference. Report this profile; Experience. And while the Brattle results are promising, the design is not yet complete, he added. If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password. Jones has more than 30 years of wide-ranging energy industry experience, including grid operations, power plant operations, generation development, project finance, wholesale and retail market design, and regulatory and legislative affairs. The intersection of public policy and wholesale power markets is among the most important issues currently facing the US power industry, and New York is at the forefront of these developments, New York Independent System Operator's CEO Brad Jones says. The message from the Commission at the FERC technical conference [in May about this issue] was clear: We need to find a solution that integrates state policy goals with wholesale market competition.". NYISO announced that CEO Brad Jones has abruptly left the ISO after three years and that it has named General Counsel Robert Fernandez as interim CEO. Back Twitter Facebook Linkedin Send Save Print. Market participants have viewed this move to subsidize colal and nuclear plants that have struggled with lower wholesale power prices in recent years as one that could detrimentally impact wholesale power markets. Access latest gas news and analysis, conferences and events. The Holiday Schedule Alert is sent on Friday and provides information on the world's regional and national holidays impacting the publishing of our assessments, market reports and news wires over the week ahead. Bradley C. Jones has been named President and CEO of the New York Independent System Operator (NYISO), an NYSSGC member, by the NYISO Board of Directors, effective Oct. 12, 2015. Five days after the NYISO filed its comments, Cuomo’s energy czar, Richard Kauffman, fired off an angry—and rather bizarre—letter to Brad Jones, the NYISO president and CEO. Before that, he was ERCOT's vice president for commercial operations. NYISO will soon announce the formation of a carbon pricing task force, CEO Brad Jones told the Management Committee. Brad Jones RENSSELAER, NY (09/16/2015)(readMedia)-- The Board of Directors of the New York Independent System Operator (NYISO) announced today the selection of Bradley C. Jones … “The cleaner, greener grid of the future will depend on a modernized, upgraded, and expanded transmission system,” said NYISO President and CEO Brad Jones. Brad Jones NYISO President and CEO. Before that, he was ERCOT's vice president for commercial operations. “How people think about and use electricity is changing as quickly as the technology that generates and delivers it,” said Brad Jones, NYISO President and CEO. Brad Jones leads the New York Independent System Operator (NYISO), which operates New York’s high-voltage transmission system, manages the state’s competitive wholesale electricity markets, and conducts comprehensive power system planning. To continue reading you must login or register with us. It’s aggressive, it’s not easy, but it’s possible. "It is also a story of two markets," Jones said. THE NEW YORK INDEPENDENT SYSTEM OPERATOR NYISO Strategic Plan: Sustaining Reliable Power with Grid Advances. All Rights Reserved. Transmission and deliverability constraints in Zone A, located near Buffalo, sent western New York power prices above downstate prices at times earlier this year, which temporarily tightened historical pricing trends between the two regions. "New York has a diverse resource mix," Jones said, adding that the state's competitive wholesale markets "have been very successful in driving efficiency, integrating renewable energy and providing affordable and reliable electricity. Generation resource mix changes, including the 380-MW Huntley and 530-MW Dunkirk coal-fired units taken out of service earlier this year, have left NYISO with 1,755 MW of coal capacity, according to Platts Analytics' Bentek Energy. Alice Wu. Americas Energy CEO Series: Brad Jones, New York Independent System Operator CEO, Xcel Energy accelerates clean energy transition, coal exit in Colorado, Fuel for Thought: Oil giant Saudi Arabia aims to build the zero-carbon city of the future. Access latest shipping news and analysis, conferences and events. The New York Independent System Operator has come under blistering criticism for their extraordinary imposition of a $114 million bill for re-hooking Dunkirk’s power plant back into the grid. Your registration is complete and your account is active. "The DER Roadmap is a step toward building the grid of the future as we transition from the century-old, centralized power system to a diverse, distributed, bi-directional grid," explained NYISO's president and CEO, Brad Jones, in an NYISO press release. Access latest power news and analysis, conferences and events. "We are in the very early stages of the carbon pricing effort. Prior to joining NYISO in 2015, Jones worked at the Electric Reliability Council of Texas, where he was a senior vice president and chief operating officer with responsibility for operations, grid planning and commercial operations. In September, the US Department of Energy issued a notice of proposed rulemaking to FERC seeking new market rules that would provide full cost recovery and a return on investment to generators with 90-day on-site fuel supplies. Keeping the lights on in Times Square is only part of the job description of the New York Independent System Operator (New York ISO). Access latest oil news and analysis, conferences and events. Join to Connect. How people think about and use electricity is changing as quickly as the technology that generates and delivers it. If you have any questions or concerns please contact support@platts.com or click here, Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center. New and Discontinued Price Symbol Alerts are issued when we launch new assessments and announce discontinued assessments. December 19, 2016. The NYISO chief weighed in on this and other pressing issues facing the ISO today, including forces affecting market design and price formation, pricing carbon in the wholesale market, transmission constraints and grid resilience. Report of The Brattle Group on Pricing Carbon into NYISO's Wholesale Energy Market to Support New York's Decarbonization Goals: New York State Department of Public Service: 1: DPS NYISO Letter and Brattle Report.pdf: 1.15 MB Prior to joining NYISO in 2015, Jones worked at the Electric Reliability Council of Texas, where he was a senior vice president and chief operating officer with responsibility for operations, grid planning and commercial operations. November 21, 2017 The intersection of public policy and wholesale power markets is among the most important issues currently facing the US power industry, and New York is at the forefront of these developments, New York Independent System Operator’s CEO Brad Jones says. The NYISO operates competitive wholesale markets to manage the flow of power throughout New York, from generators to local distribution utilities. ESA, NY-BEST, and other industry members yesterday sent a letter to NYISO CEO Brad Jones requesting immediate and further consideration on the capacity value of energy storage resources. ERCOT COO Tapped for NYISO CEO Post, ERCOT Announces New Execs September 17,2015. The Electric Reliability Council of Texas (ERCOT) has selected new leaders for two key areas associated with grid and market operations, while the New York ISO announced that ERCOT Chief Operating Officer Brad Jones will become NYISO's Chief Executive Officer in October But Brad Jones, the CEO of the NYISO, says despite that trend — an expected average annual drop in demand of 0.16 percent — things have never been busier at the NYISO… The state's Clean Energy Standard announced last August mandates 50% of its electricity come from renewable sources by 2030 and 80% by 2050. Subscriber Notes inform you of upcoming changes related to the markets that we report on, as well as requests for comment on new assessments, and announcements that assessments will be discontinued. "As states across the nation enact or consider policy measures to address carbon reduction and environmental policy, and the economic impacts of low natural gas prices have influenced investment decisions, organized markets have seen changes in the mix of generation resources, including traditional baseload assets," he said in an email. "This has led to pressing questions of how best to incentivize future generation investments, achieve emissions and renewable energy goals, and maintain grid reliability.". Recall the public humiliation Kauffman inflicted on NYISO’s chief executive, Brad Jones, when last year NYISO’s annual report said that if the governor wants to realize his “Clean Energy Standard” (CES) of 50 percent ‘renewables’ by 2030, he’s going to have to install over a thousand new miles of bulk transmission lines, a project that would take at least 10 years, a hugely expensive project. "We know and have heard from [the Federal Energy Regulatory Commission] that any successful outcome will require broad support from both stakeholders and state government. This "tale of two grids" with an abundance of clean energy and generating capacity upstate and fossil fuel dependence and high demand downstate is the next most prominent issue for NYISO's system. Copyright © 2021 New York Independent System Operator. It’s free and easy to do. In a scathing letter to NYISO head Brad Jones, Kauffman accused the nonprofit corporation of using outdated models and unreliable information and said it was beholden to fossil fuel generators. Director Reliability & Economic Planning at NYISO Valatie, New York 203 connections. Please use the button below and we will bring you back here when complete. Subscriber Notes can be received by Commodity Region, and Note Type. The state government has initiated a zero-emissions credit (ZEC) requirement that compensates upstate nuclear plants struggling with depressed wholesale power prices for the value of low-carbon energy they provide. [Yes] I would like to receive S&P Global Platts promotional emails. "Energy from growing clean energy resources is unable to reach downstate load centers, suppressing upstate wholesale prices to the point where the economic vitality of generation needed for reliability is jeopardized.". NYISO has been a first mover on exploring ways to incorporate carbon into its wholesale markets. “Our grid operations and electricity markets are transforming to serve consumer needs, address public policy goals, and meet rigorous requirements for electric system reliability.” He is a distinguished energy industry executive with 30 years of wide- "With or without carbon pricing, the State's Clean Energy Standard and decarbonization efforts will impact energy and capacity markets," Jones said. Enter your Email ID below and we will send you a link to reset your password. Jones also worked as an engineer and executive at TXU and as a government affairs executive at Luminant earlier in his career. "The cleaner, greener grid of the future will depend on a modernized, upgraded, and expanded transmission system," said NYISO President and CEO Brad Jones… With nearly 30 years of energy-industry experience, […] Receive daily email alerts, subscriber notes & personalize your experience. S&P GLOBAL | Brad Jones, New York Independent System Operator CEO, Americas energy CEO series, Comprehensive System Planning Process (CSPP), Market Participant Audit Advisory Subcommittee, Billing, Accounting & Credit Policy Working Group, Communication & Data Advisory Subcommittee, Interconnection Project Facilities Study Working Group, Inter-area Planning Stakeholder Advisory Committee, Transmission Planning Advisory Subcommittee, Inactive Working Groups: Management Committee, Inactive Working Groups: Business Issues Committee, Inactive Working Groups: Operating Committee. Brad Jones, president and chief executive officer of the NYISO, notes in a commentary this morning in the OBSERVER that in deactivating the city plant, NRG lost its interconnection abilities. Please contact clientservices@accessintel.com or call 888-707-5814 (M – Th 9 am – 5:30 pm and F 9 am – 3 pm. 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