Retiring ISO-NE CEO Gordon van Welie discussed the changes he helped oversee during his time at the RTO, including the rise of gas generation and major investments in transmission infrastructure.
Capacity markets have brought significant cost savings for customers in the Northeast over the past two decades but now face the critical need to evolve amid rapid load growth and a changing resource mix.
The Internal Market Monitor weighed in on ISO-NE's proposed capacity market overhaul, expressing support for increased flexibility around resource retirement notifications and recommending the elimination of the pivotal supplier test.
ISO-NE plans to cut its winter peak load projection for 2033 by 7.2% and its summer peak projection by 1.8%, ISO-NE told the NEPOOL Reliability Committee.
ISO-NE discussed its plans for preventing and mitigating market power as it overhauls its capacity market and resource retirement processes at a NEPOOL Markets Committee meeting.
ISO-NE provided stakeholders with a high-level overview of its proposed prompt capacity market design and discussed several other aspects of its capacity auction reform project at a two-day meeting of the NEPOOL Markets Committee.
ISO-NE continued discussions with stakeholders on its capacity auction reform project at the NEPOOL Markets Committee, providing more information on planned changes to the resource retirement process.
Massachusetts Gov. Maura Healey emphasized the importance of collaboration among Northeastern states, provincial governments, energy companies, and labor groups at the New England Energy Summit.
