The NEPOOL Markets and Reliability committees heard presentations on studies on how increasing renewables and electrification will affect the ISO-NE grid.

New England’s total wholesale costs of electricity last year fell 19% to $9.8 billion, according to the ISO-NE Market Monitor’s 2019 Annual Markets Report.

AEE presented a paper recommending that ISO-NE and NEPOOL consider borrowing from NYISO’s effort to plan for a renewable-heavy future.

ISO-NE’s winter wholesale market costs totaled $1.8 billion, a 32% decrease from the previous winter because of lower energy and capacity costs.

ISO-NE’s wholesale market costs last fall declined 38% year over year to $1.5 billion, with both energy and capacity market costs decreasing significantly.

ISO-NE’s Energy Security Improvements initiative hit a snag when the NEPOOL Markets Committee failed to recommend it to the Participants Committee.

ISO-NE is wrapping up its Energy Security Improvements initiative ahead of a FERC deadline, stakeholders learned during a NEPOOL Markets Committee meeting.

ISO-NE intends to design a forward ancillary services market to complement the day-ahead one proposed under its ESI initiative.

ISO-NE’s External Market Monitor presented the NEPOOL Markets Committee a design for mitigating market power in the day-ahead ancillary services market.

ISO-NE’s Energy Security Improvements proposal neared the end as study refinements showed a reduction in customer payments compared to preliminary results.