Increased interest in data center development in New England has led to growing concern about potential negative effects on energy affordability and long-term resource adequacy.

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.

The spring quarterly meeting of the ISO-NE Consumer Liaison Group revolved around the growing risks of climate-driven extreme weather events in Vermont and across the broader New England region.

New England transmission owners have added over $376 million in projects to the asset condition list since October while placing over $560 million in projects in service.

ISO-NE’s initial review of proposals submitted for a first-of-its-kind transmission procurement indicates four of the six proposals do not meet the technical requirements and are not eligible for selection.

Ruling on a series of complaints dating back to 2011, FERC ordered a reduction in the return on equity for the New England transmission owners, cutting the rate from 10.57% to 9.57%.

Updating stakeholders on its proposal for an internal asset condition reviewer, ISO-NE said it now plans to review asset condition projects estimated by transmission owners to exceed $25 million in regionalized costs.

One New England offshore wind farm has completed construction, and another has begun sending electricity ashore as it finishes construction.

ISO-NE published initial data on how its proposed capacity market overhaul will affect resource accreditation, providing an indication of how the changes would affect capacity market revenues for different resource types.

FERC initiated a show-cause proceeding based on concerns about the lack of provisions in the RTO’s tariff enabling corrections to incorrect payments to or from market participants.