ISO-NE Planning Advisory Committee
ISO-NE identified nine projects to include in an interim asset condition review process starting in November, which will proceed as the RTO works to stand up internal condition review capabilities by the start of 2027.
New England transmission owners have added 39 new projects in the annual update to the region’s asset condition forecast, the companies told the ISO-NE Planning Advisory Committee.
Increased demand flexibility could significantly reduce production costs, capital costs, and transmission costs in New England by better-aligning load with generation and reducing peak loads, ISO-NE said.
Asset condition costs in New England have grown by $95 million since March, according to an update to the asset condition project list presented by the region’s transmission owners.
New research by ISO-NE indicates bifacial solar panels with tracking capabilities could reduce the cost of decarbonizing New England’s generation mix by about $3.7 billion.
ISO-NE has significantly lowered its peak load and net energy expectations in its final 2025 10-year load forecast but still predicts the region’s peak load to grow by over 2 GW by 2034.
ISO-NE presented additional modeling scenarios for its 2024 Economic Study related to offshore wind and fossil retirements.
As part of a major overhaul of its annual load forecasting process, ISO-NE has significantly scaled back its electrification forecast for electric vehicles and heat pumps.
Presenting to the ISO-NE Planning Advisory Committee, Eversource Energy introduced a new set of asset-condition projects that could cost the region billions over multiple decades.
ISO-NE has outlined the transmission and economic models it plans to use to evaluate proposals submitted for the longer-term transmission planning process.
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