Posts from June 2026.
The New York Independent System Operator (NYISO) has long prided itself on the purity and integrity of its tariffs, administering markets in which financial rights are acquired and sold rather than physical rights. To be sure, the Federal Energy Regulatory Commission (FERC) has permitted deviations from the open access transmission model on a case-by-case basis when applicants sufficiently demonstrate that the deviations are consistent with or superior to the provisions of the model (embodied in pro forma Open Access Transmission and Service Tariffs) or are just inapplicable.