Forward Capacity Auction (FCA)
Granite Shore Power
In New England, increasing winter reliability concerns are driving questions about how long the region’s aging fleet of oil-fired power plants can, or should, remain on the system.
ISO-NE
ISO-NE presented the final design details and tariff changes for the first phase of its Capacity Auction Reforms project in preparation for a stakeholder vote in October.
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.
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ISO-NE reiterated its plans not to include in its capacity auction reform project the development of ambient temperature modeling capabilities or a new simultaneous seasonal auction clearing engine.
© RTO Insider LLC
Climate activists from New England are calling on FERC to reject the results of ISO-NE’s Forward Capacity Auction 18, arguing the auction disproportionately favored fossil fuel resources.
ISO-NE
ISO-NE presented the NEPOOL Markets Committee with additional results of the impact analysis for the RTO’s resource capacity accreditation project, which looked at how changes to the resource mix would affect the seasonal distribution of shortfall risks.
ISO-NE
The NEPOOL Markets Committee approved an additional two-year delay of ISO-NE’s Forward Capacity Auction 19 to develop and implement a new seasonal capacity auction.
ISO-NE
ISO-NE's capacity prices cleared at $3.58/kW-month in FCA 18, a nearly $1 increase over last year.
ISO-NE
New England power system emissions decreased by about 3.6% in 2023 compared to 2022, according to the underlying data from ISO-NE COO Vamsi Chadalavada’s monthly report.
ISO-NE
FERC has approved ISO-NE’s proposal to delay Forward Capacity Auction 19 by one year, pushing the auction to February 2026.
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