Capacity markets have brought significant cost savings for customers in the Northeast over the past two decades but now face the critical need to evolve amid rapid load growth and a changing resource mix.

Massachusetts Gov. Maura Healey has filed a major energy bill that her administration says would save ratepayers $10 billion over the next decade.

ISO-NE and NEPOOL members discussed how to address market power, tie benefits and resource qualification in a prompt capacity market during a three-day meeting.

FERC has accepted a compliance filing by ISO-NE and the New England transmission owners eliminating interconnection customers’ responsibility to pay for operations and maintenance costs on interconnection network upgrades.

The NEPOOL Markets Committee convened a two-day meeting focused on ISO-NE’s capacity auction reform project, along with other business.

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.

FERC accepted ISO-NE’s proposal to increase the collateral requirements for generators participating in its capacity market, rejecting the New England Power Generators Association’s arguments that the changes violate the filed rate doctrine.

New England transmission owners no longer can require interconnection customers to pay operations and maintenance costs for required system upgrades, FERC has ruled.

Massachusetts Gov. Maura Healey emphasized the importance of collaboration among Northeastern states, provincial governments, energy companies, and labor groups at the New England Energy Summit.