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An increasing political anxiety around energy affordability permeated debates about wholesale market changes, federal policy and demand growth at the annual New England Energy Summit.
A developer in Maine is evaluating whether pumped storage – one of the oldest generation technologies still used on the New England grid – could play an increased role in the grid of the future.
ISO-NE said it is open to capping the balancing ratio used to calculate Pay-for-Performance payments to prevent capacity resources from being required to provide more power than their capacity supply obligations.
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.
ISO-NE continued work on resource capacity accreditation changes, outlining how changes to the overall resource mix could affect the reliability value of different resource types.
Analysis Group presented its final report on converting ISO-NE's Forward Capacity Market to a prompt, seasonal construct.
Crispins C. Crispian, CC BY-SA-4.0, via Wikimedia
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 stakeholders formally started work on eliminating the minimum offer price rule at a two-day meeting of the NEPOOL Market Committee.
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