News From ISO-NE
The Conservation Law Foundation asked ISO-NE to override its member states and conduct a study to determine transmission needs driven by state renewable energy and carbon reduction policies.
ISO-NE presented its proposal for a two-tiered capacity auction at last week’s FERC technical conference, saying it would incorporate state-mandated renewable generation while preventing oversupply and addressing objections to a regional carbon tax.
Eversource Energy reported first-quarter earnings of $259.5 million, up 6.3% from $244.2 million in the same period a year ago off increased investment in transmission.
The minimum offer price rule came up frequently at last week’s FERC technical conference, with some witnesses calling for its expansion and others seeking its relaxation or abolition.