NEPOOL Markets Committee
Analysis Group outlined the methodology of its study of major changes to the structure of ISO-NE’s Forward Capacity Market (FCM) at the NEPOOL Markets Committee meeting.
Some clean energy stakeholders have expressed concerns about the impacts that delaying ISO-NE's FCA 19 would have on new resources looking to secure capacity rights in the auction.
A range of clean energy stakeholders outlined questions and concerns about the potential changes in ISO-NE's FCA 19.
New England wholesale market costs were significantly lower in the spring of 2023 compared to spring 2022 and 2021, the ISO-NE Internal Market Monitor told the Markets Committee.
John Phelan, CC BY 3.0, via Wikimedia Commons
Several of the NEPOOL members expressed support for delaying the auction a year to help consider and potentially implement significant changes.
ISO-NE presented stakeholders the pros and cons of moving to a prompt and seasonal capacity market.
ISO-NE wholesale market costs fell in winter 2023 year-over-year, but capacity market costs increased.
Fletcher, CC BY-SA 4.0, via Wikimedia Commons
ISO-NE is targeting 2025 for the launch of its Day-Ahead Ancillary Services Initiative, to ensure reliable next‐day operating plans with increasing renewables.
ISO-NE stakeholders approved a proposed filing on DERs but rejected the RTO’s concerns in backing Ocean State Power's bid to remain a capacity resource.
NEPOOL's Markets Committee approved changes to the Inventoried Energy Program intended to get the winter reliability program in line with global energy markets.
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