The company behind a Massachusetts gas plant agrees to pay a $17 million penalty and hand back $26 million in profits after FERC found that it misled ISO-NE.

FERC is investigating ISO-NE’s role in alleged fraud by a project developer taking part in the RTO’s capacity market, the grid operator disclosed.

ISO-NE asked the D.C. Circuit to undo its order keeping the Killingly capacity supply obligation alive and holding up the results of the capacity auction.

The order complicates ISO New England's capacity auction scheduled for Monday. 

FERC denied NTE's request for a stay of its order approving ISO-NE's termination of the capacity supply obligation for the company's Killingly plant.

FERC accepted ISO-NE’s request to terminate the capacity supply obligation for the Killingly Energy Center in eastern Connecticut.

The NEPOOL Markets Committee will vote in January on two proposals to modify ISO-NE’s generator retirement rules.

ISO-NE asked FERC to terminate the capacity supply obligation for the 650-MW gas-fired Killingly Energy Center in eastern Connecticut.

NEPOOL stakeholders and ISO-NE continue to work on eliminating the MOPR from the capacity market, discussing multiple proposals on transitional mechanisms.

ISO-NE and NEPOOL kicked off a two-day meeting with a session strictly devoted to discussing removing the MOPR from the capacity market.