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December 5, 2025

Forward Capacity Auction (FCA)

ISO-NE
FERC Denies Rehearing on ISO-NE Retirement Rule Changes
FERC denied requests for rehearing of its order that approved capacity market changes to prevent ISO-NE generation owners from economic resource retirement.
Invenergy
ISO-NE Bars Invenergy Plant from FCA 12
ISO-NE has barred Invenergy’s planned Clear River Energy Center Unit 2 from offering into February’s capacity auction because of permitting delays.
FERC Accepts Nondisclosure for ISO-NE Capacity Bids
FERC approved ISO-NE’s request not to disclose any proprietary information from certain de-list bids for the 12th Forward Capacity Auction.
ISO-NE
FERC Approves ISO-NE CONE, Offer Trigger Updates
FERC accepted ISO-NE’s updated cost of new entry (CONE) and offer review trigger price (ORTP), effective March 15, 2017.
NEPOOL Markets Committee Briefs
ISO-NE advanced the idea of excluding competitive new resources from functioning as demand in a proposed “substitution” capacity auction.
ISO-NE Two-Tier Auction Proposal Gets FERC Airing
ISO-NE presented its proposal for a two-tiered capacity auction that would incorporate state-mandated renewable generation at the FERC technical conference.
Millstone to Enter FCA 12; No Closure Likely Before 2022
Millstone will bid into the ISO-NE 12th Forward Capacity Auction next year, indicating Dominion expects it to continue operations into 2022.
NE Power Pool Extends IMAPP Timeline
The NEPOOL IMAPP collaborative process will suspend its monthly meetings until May to allow ISO-NE more time to develop a new market design.
ISO-NE Capacity Prices Fall 25%, Lowest Since 2013
Prices dropped by one-quarter to $5.30/kW-month in the ISO-NE 11th Forward Capacity Auction, the lowest since 2013.
ISO-NE Planning Advisory Committee Briefs
ISO-NE staff told the Planning Advisory Committee it is recommending the RTO not move forward on the Keene Road transmission project.

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