FERC approved ISO-NE’s proposal to replace its Forward Capacity Market with a prompt market, cutting the time between auctions and commitment periods from more than three years to about one month.

ISO-NE kicked off NEPOOL discussions for the second phase of its capacity auction reform project, beginning long-awaited talks on accreditation and seasonal capacity auction changes.

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.

Analysis Group presented its final report on converting ISO-NE's Forward Capacity Market to a prompt, seasonal construct.

Analysis Group outlined the methodology of its study of major changes to the structure of ISO-NE’s Forward Capacity Market (FCM) at the NEPOOL Markets Committee meeting.

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.

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

ISO-NE outlines a potential switch to a prompt and seasonal capacity market.

ISO-NE procured 31,370 MW in this year’s capacity auction, the grid operator said Friday.