Capacity Accreditation Reform (CAR)
Burns & McDonnell
As the first phase of ISO-NE’s capacity market overhaul nears its final form, New England stakeholders remain mixed on the proposed move from a forward to a prompt capacity auction.
Potomac Economics
ISO-NE and stakeholders discussed market performance, capacity auction reforms, the RTO’s 2026 budget and asset condition spending at the summer meeting of the NEPOOL Participants Committee.
Constellation Energy
ISO-NE and NEPOOL members discussed how to address market power, tie benefits and resource qualification in a prompt capacity market during a three-day meeting.
© RTO Insider LLC
Managing the often-at-odds priorities of affordability, reliability, and decarbonization will require a delicate balance of innovation, market reforms, and stability, industry experts said at the Northeast Energy and Commerce Association’s Power Markets Conference.
ISO-NE
ISO-NE plans to decouple resource retirements from the capacity auction process and adopt a two-year notification timeline for retiring generators, the RTO told stakeholders at the NEPOOL Markets Committee.
© RTO Insider LLC
ISO-NE’s multiyear effort to overhaul its forward capacity market likely will continue to dominate ISO-NE and NEPOOL work in 2025.
SayCheeeeeese, CC0 1.0 Public Domain, via Wikipedia
ISO-NE reiterated its plans not to include in its capacity auction reform project the development of ambient temperature modeling capabilities or a new simultaneous seasonal auction clearing engine.
EMC Enineering Services
ISO-NE responded to stakeholder feedback on its capacity auction reform project at the NEPOOL Markets Committee meeting, providing clarity on the scope of its capacity market overhaul.
Shutterstock
As ISO-NE undertakes major capacity market accreditation reforms, New England storage developers are voicing concerns that potential flaws in the RTO’s modeling methodology could discourage new investments in storage resources.
ISO-NE
ISO-NE presented the initial scope of its work to coordinate resource capacity accreditation improvements with proposed capacity market timing changes at the NEPOOL Markets Committee summer meeting.
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