ISO-NE’s proposed resource capacity accreditation updates would result in an estimated 11% increase in capacity market revenues, the RTO told the NEPOOL Markets Committee.

ISO-NE is predicting that New England’s peak load will increase by about 10%, and electricity consumption by 17%, by 2033, according to its 2024 Capacity, Energy, Loads and Transmission report.

The NEPOOL Participants Committee approved ISO-NE’s Order 2023-A compliance proposal, making incremental changes to its previous plan approved in March.

In a wide-ranging letter, four U.S. senators called for improved transparency and accountability from ISO-NE, and asked the RTO to increase its efforts to facilitate the clean energy transition.

The six New England states have submitted two applications for federal funding for transmission projects aimed at improving grid reliability and enabling the interconnection of clean energy resources.

Relocating two offshore wind points of interconnection from Maine to Massachusetts could reduce New England’s transmission upgrade cost requirements, ISO-NE said.

ISO-NE is decreasing its peak load projections slightly for the next 10 years due to slower-than-expected EV adoption, managed charging programs and changes to its modeling of partial building electrification.

New grid-scale battery storage in Maine would be cheaper than new fossil peaker plants when accounting for societal costs of air pollution and carbon emissions, according to a new report.

FERC approved a proposal by ISO-NE to reduce its Forward Reserve Market offer cap and delay the publication of offer data from four months to a year after each auction.