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ISO-NE’s 16th Forward Capacity Auction will likely have similar outcomes to last year’s, observers say, even as debate swirls around the market’s future.
ISO-NE plans to discontinue feedback on three stakeholder proposals as part of discussions on eliminating the minimum offer price rule, the RTO told NEPOOL.
A summary of the Joint Nominating Committee (JNC) meeting on March 25-26 provided the NEPOOL Participants Committee last week with an update on the "long list" of candidates for two upcoming openings on ISO-NE’s Board of Directors. Jennifer Rockwood of Russell Reynolds Associates presented a total of 23 candidates, and...
ISO-NE’s summer wholesale market costs totaled $1.48 billion, a 15% decrease from a year earlier because of lower energy and capacity costs, according to the quarterly markets report released by the RTO’s Internal Market Monitor. Average day-ahead and real-time Hub LMPs were $22.50 and $22.52/MWh, respectively, coinciding with lower natural gas prices.
The NEPOOL Markets Committee passed a five-time-amended motion to update Forward Capacity Market (FCM) parameters for the 2025/26 capacity commitment period during a marathon two-day meeting. The motion won with 64% in a sector-weighted vote. Of the five amendments passed, four of them came from the Union of Concerned Scientists...
FERC on Thursday defended its April ruling approving bidding results in ISO-NE’s 2013/14 Winter Reliability Program as just and reasonable, expanding on its reasoning in response to a rehearing request (ER13-2266-005). TransCanada Power Marketing’s request was automatically rejected when the commission failed to act on it within 30 days. FERC’s...
By Rich Heidorn Jr. External Market Monitor David Patton and Internal Market Monitor David Naughton both endorsed major portions of ISO-NE’s Energy Security Improvements (ESI) plan before the New England Power Pool Markets Committee on Tuesday, with Naughton also spelling out his concerns for policing market power. ISO-NE’s proposal includes...