ISO-NE Planning Advisory Committee
New England transmission owners have added over $376 million in projects to the asset condition list since October while placing over $560 million in projects in service.
ISO-NE’s initial review of proposals submitted for a first-of-its-kind transmission procurement indicates four of the six proposals do not meet the technical requirements and are not eligible for selection.
Eversource Energy and National Grid introduced asset condition projects totaling about $110 million at the ISO-NE Planning Advisory Committee.
ISO-NE presented the final stakeholder-requested sensitivities for its 2024 Economic Study, discussing the potential effects of adding 3.9 GW of hydropower to the Hydro-Québec system.
ISO-NE identified nine projects to include in an interim asset condition review process starting in November, which will proceed as the RTO works to stand up internal condition review capabilities by the start of 2027.
New England transmission owners have added 39 new projects in the annual update to the region’s asset condition forecast, the companies told the ISO-NE Planning Advisory Committee.
Increased demand flexibility could significantly reduce production costs, capital costs, and transmission costs in New England by better-aligning load with generation and reducing peak loads, ISO-NE said.
Asset condition costs in New England have grown by $95 million since March, according to an update to the asset condition project list presented by the region’s transmission owners.
New research by ISO-NE indicates bifacial solar panels with tracking capabilities could reduce the cost of decarbonizing New England’s generation mix by about $3.7 billion.
ISO-NE has significantly lowered its peak load and net energy expectations in its final 2025 10-year load forecast but still predicts the region’s peak load to grow by over 2 GW by 2034.
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