Capacity Auction Reforms (CAR)
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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
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
The NEPOOL Markets Committee convened a two-day meeting focused on ISO-NE’s capacity auction reform project, along with other business.
Fletcher6, CC BY-SA 3.0, via Wikimedia Commons
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
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
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.
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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.
Fletcher6, CC BY-SA 3.0, via Wikimedia Commons
ISO-NE is not planning to pursue the development of simultaneously clearing seasonal capacity auctions as part of its capacity auction reform project.
ISO-NE
The RTO will next year focus on capacity auction reforms, establishing a regional energy shortfall threshold, complying with FERC orders 1920 and 2023, and implementing market and technology improvements.
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ISO-NE’s Capacity Auction Reforms project will include an evaluation of additional resource accreditation modeling enhancements, the RTO told the NEPOOL Markets Committee.
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