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

FERC accepted ISO-NE’s compliance proposal for Order 2023, setting the stage for sweeping changes to the RTO’s interconnection procedures.

ISO-NE published the request for proposals for its first longer-term transmission planning procurement, which is focused on increasing North-to-South transmission capacity in New England and interconnecting onshore wind resources in Northern Maine.

ISO-NE plans to reopen its interconnection queue April 1 as it continues to wait for a ruling from FERC on its Order 2023 compliance proposal, the RTO told the NEPOOL Transmission Committee.

ISO-NE presented the results of its 2023/24 load power factor audit, which found most regional LPF areas to be noncompliant with the standards for low-load, high-voltage conditions.

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.

New England energy market revenues increased by roughly 150% in the winter of 2024/25 compared to the prior winter.

ISO-NE revised its compliance proposal for FERC Order 904 to allow generators to be compensated for reactive power outside the standard power factor range.

ISO-NE continued discussions with stakeholders on its capacity auction reform project at the NEPOOL Markets Committee, providing more information on planned changes to the resource retirement process.