Bethlehem Energy Center Uprate (NYISO-CR24-1003) — Project Summary

Queue ID
NYISO-CR24-1003
Capacity
—
Technology
Gas
Status
active
Location
Albany, NY
Region
NYISO
Developer
GB II NY LLC
IA Status
—

Bethlehem Energy Center Uprate

NYISO-CR24-1003BetaActiveNGNYISOLive · NYISO

— generation in Albany, NY · In queue since October 2024

BA: NYISISO/RTO: NYISONERC: NPCCRC: NYIS

—

Capacity

0

Components

2 years

In Queue

—

IA Status

Asset Intelligence Map

One connected view of the asset's ownership, operating or development evidence, grid context, commercial relationships, history, and forward outlook.

5 live dimensions
4 decision models

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Structured from the current asset record; empty data branches are omitted.Locked nodes are InfraSure decision models; no simulated values shown.
Status
as of 10y 3m ago
Latest activityearnings_reportSEC.gov · 2016-07-29
Interconnection

Total Duration

2 years

Pre-Study0%
Queue EntryOct 4, 2024

Interconnection request submitted to ISO/RTO

TCS Study

NYISO transitioned to a Transitional Cluster Study (TCS) format in 2024.

Typical: >42 months (historical); ~24 months target

Interconnection Agreement

Interconnection agreement not yet executed

Typical: 30–60 days (negotiation)

Commercial Operation

Commercial operation date not yet determined

Project lifecycle
as of 2026-01-12
PhaseOnlinePOWER Magazine · 2006-08-15
OperationalYesWFMZ.com · 2026-01-12
TechnologygasWFMZ.com · 2026-01-12
DeveloperPSEG PowerPOWER Magazine · 2006-08-15
Permit decisionGrantedPOWER Magazine · 2006-08-15
About

The Bethlehem Energy Center Uprate is a proposed natural gas generation project in Albany County, New York. GB II NY LLC is developing the project, which appears in the New York Independent System Operator (NYISO) interconnection queue under queue ID NYISO-CR24-1003. The available data does not specify the project's total capacity in megawatts. As its name indicates, the project is an uprate tied to the Bethlehem Energy Center, but the records provided do not formally link it to an existing operating plant.

The project entered the NYISO queue on October 4, 2024, and its status is listed as active. Its proposed point of interconnection is the Albany Steam 115 kV substation, and the transmission owner is listed as NM-NG. The available records do not include a proposed commercial operation date or the status of an interconnection agreement. The project has appeared in recent news coverage, with 10 associated articles: five on industry developments, three on deals, and two on regulatory matters.

Generated from interconnection queue and public data sources

Development Risk

Realization risk before commercial operation — cluster-study clearance, IA timing, counterparty mix, and withdrawal probability vs cohort. The diligence view that determines whether this project is worth pursuing. Powered by InfraSure's development-stage modeling stack.

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P(COD by stated date)
Withdrawal probability vs cohort
IA cluster risk
Project Details

State

NY

County

Albany

Grid Region

NYISO (New York)

Market

ISO/RTO Member

Developer

GB II NY LLC

Utility

Transmission Owner NM-NG Transmission Owner NaN Name: 200, dtype: object

Entity

NYISO

Service Type

—

Point of Interconnection

Albany Steam 115 kV

Data Source

Live · NYISO

PartnerLS PowerWFMZ.com · 2026-03-26
CompanyConstellation Energy Corporation±WFMZ.com · 2026-03-26
AgencyNew York StateTimes Union · 2025-12-02
RulingFinal ruleTimes Union · 2025-12-02
TransactionAcquisitionWFMZ.com · 2026-01-12
Deal value$26.6B±WFMZ.com · 2026-01-12
OfftakerConstellation Energy±Daily Energy Insider · 2025-12-10
Risk Analytics

Composite operating-phase risk view — what this asset's risk profile would look like once it reaches commercial operation. Climate hazards across its operating life, expected generation variability, and offtake counterparty exposure, decomposed into a single decision-grade score. Powered by InfraRisk.

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See the full risk decomposition + scenarios for this project.

Climate hazards (8+)
Generation variability (P10/P50/P90)
Offtake + transmission counterparty
Generation Forecast

Forward generation outlook — what this project would produce assuming it reaches commercial operation. Probabilistic ranges (P10/P50/P90) across weather, demand, and policy scenarios, conditioned on the proposed COD. Powered by InfraSure's generation modeling stack.

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See the full forecast + scenario decomposition for this project.

P50 conditioned on COD
Capacity factor vs cohort
Weather + policy scenarios
Financial Forecast

Forward revenue, DSCR projection, and financing-close risk — conditioned on commercial operation. The bankability view that determines whether the deal clears its covenants once online. Powered by InfraSure's asset cashflow stack.

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See the full revenue + DSCR projection for this project.

Revenue conditioned on COD
Financing close risk
Cohort DSCR comparison
Market Context
Approximate
ISO / RTO
NYISO
Trading Hub
ZONE F
Hub Confidence
HIGH
Nearest Node (Estimated)
BETHLHEM_115KV_TB1
POI Substation
Albany Steam Substation

This project's market context is estimated from its Point of Interconnection. Hub and node assignments are approximate and based on geographic inference from the POI substation name.

Insights & Articles (9)Beta

Last updated 2026-03-26

View all 9 articles

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Forward forecasts, scenario decomposition, and risk-decision tooling for this queue project.