November 22, 2024
FERC Allows ISO-NE 1-month Delay for FCA 17
The Killingly Energy Center has been at the center of controversy and uncertainty in New England's capacity auction process.
The Killingly Energy Center has been at the center of controversy and uncertainty in New England's capacity auction process. | NTE Energy
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FERC agreed to allow ISO-NE to adjust the schedule for next year’s Forward Capacity Auction 17, which was delayed because of the Killingly Energy Center.

FERC on Friday agreed to allow ISO-NE to adjust the schedule for next year’s Forward Capacity Auction 17, which was pushed back because of uncertainty surrounding Killingly Energy Center.

In February, the RTO had asked the federal agency to allow it to ignore any dates set for FCA 17 in the grid operator’s tariff or other operating documents, and instead publish a new schedule (ER22-1053).

NEPOOL stakeholders and the New England Power Generators Association supported the ISO’s filing, and FERC signed off on the change.

“The proposed revisions enable ISO-NE to provide market participants with information (such as, for example, final FCA 16 clearing prices) that facilitates their ability to meet the requirements for participating in FCA 17 per the tariff,” FERC commissioners wrote.

The grid operator has proposed a pushed back FCA 17 schedule, which would see next year’s auction take place in March, a month later than the typical February auction.

FCA 16’s final auction results were delayed several weeks by confusion over whether the gas-fired Killingly plant could participate in the auction, but were published in March after it was omitted. (See Highlights from FCA 16: No New Gas, No Big Storage.)

Capacity MarketISO-NE

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