November 30, 2023

New England Power Pool (NEPOOL)

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ISO-NE Updates Longer-Term Tx Planning Proposal
ISO-NE provided additional information on the second phase of its Longer-Term Transmission Planning project, which is intended to facilitate transmission investments to meet the states’ policy goals.
ISO-NE Gives Update on Order 2023 Transition
ISO-NE outlined how FERC’s time extension for Order 2023 compliance will impact its proposal at a meeting of the NEPOOL Transmission Committee.
Analysis Group Details Methodology of ISO-NE Capacity Market Study
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.
NEPOOL Votes to Delay FCA 19
NEPOOL members voted to delay FCA 19 by one year, seeking time to revise its capacity accreditation rules and consider a prompt or seasonal market.
ISO-NE Details FCA 19 Domino Effect
Some clean energy stakeholders have expressed concerns about the impacts that delaying ISO-NE's FCA 19 would have on new resources looking to secure capacity rights in the auction.  
ISO-NE Details Proposed Order 2023 Compliance
ISO-NE plans to request independent entity variations related to its operating assumptions for storage resources and the cluster study timeframe.
ISO-NE Sees Little Shortfall Risk for 2032
ISO-NE anticipates little risk of energy shortfall in the summer of 2032.
NEPOOL Participants Committee Briefs: Sept. 7, 2023

ISO-NE COO Vamsi Chadalavada told the NEPOOL Participants Committee about the ISO's market value, and the ISO answers states' draft 2024 budget questions.

ISO-NE Proposes 21.5% Budget Increase for 2024
The largest portion of ISO-NE's budget increase is allocated to adjustments to current employee salaries.
NEPOOL Markets Committee Briefs: Aug. 8-10, 2023
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.

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