FERC approved ISO-NE’s proposal to create a day-ahead ancillary services market and retire the current Forward Reserve Market, effective March 1, 2025.

NEPOOL approved a set of tariff changes related to ISO-NE’s Day-Ahead Ancillary Services Initiative proposal at the Participants Committee meeting.

ISO-NE presented stakeholders the pros and cons of moving to a prompt and seasonal capacity market.

ISO-NE is targeting 2025 for the launch of its Day-Ahead Ancillary Services Initiative, to ensure reliable next‐day operating plans with increasing renewables.