Forward Capacity Auction (FCA)
ISO-NE enters 2024 with several major projects underway and is grappling with the sweeping changes and long-term uncertainty brought by the clean energy transition.
ISO-NE should move to a prompt and seasonal capacity market to better accommodate the evolving mix of resources and reliability risks in the region, Analysis Group told stakeholders at the NEPOOL Markets Committee meeting.
A range of clean energy stakeholders outlined questions and concerns about the potential changes in ISO-NE's FCA 19.
New England wholesale market costs were significantly lower in the spring of 2023 compared to spring 2022 and 2021, the ISO-NE Internal Market Monitor told the Markets Committee.
John Phelan, CC BY 3.0, via Wikimedia Commons
Several of the NEPOOL members expressed support for delaying the auction a year to help consider and potentially implement significant changes.
FERC again ruled that the issues raised by environmental organizations about the FCA fall outside the scope of the proceeding.
ISO-NE outlines a potential switch to a prompt and seasonal capacity market.
ISO-NE stakeholders approved a proposed filing on DERs but rejected the RTO’s concerns in backing Ocean State Power's bid to remain a capacity resource.
ISO-NE procured 31,370 MW in this year’s capacity auction, the grid operator said Friday.
ISO-NE is finalizing changes to its economic study process as it works through the NEPOOL stakeholder gauntlet.
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