Capacity Auction Reforms (CAR)
ISO-NE continued work on the second phase of its Capacity Auction Reform project, discussing modeling of the region’s gas constraints, seasonal auction design and its approach to evaluating the impacts of the auction changes.
FERC Commissioner David Rosner was supportive of the Department of Energy’s request that the commission assert authority over the interconnection of large loads while emphasizing the importance of collaboration and consensus-building in response to concerns raised by state regulators.
The NEPOOL Participants Committee voted nearly unanimously to support the first phase of ISO-NE’s capacity auction reform project.
An increasing political anxiety around energy affordability permeated debates about wholesale market changes, federal policy and demand growth at the annual New England Energy Summit.
In New England, increasing winter reliability concerns are driving questions about how long the region’s aging fleet of oil-fired power plants can, or should, remain on the system.
ISO-NE outlined proposed capacity accreditation for active and passive demand capacity resources at the NEPOOL Reliability Committee.
ISO-NE outlined its planned approach for accounting for resources’ gas supply limitations in its new capacity accreditation framework at a NEPOOL Markets Committee meeting.
NEPOOL technical committees voted in favor of ISO-NE’s proposal to adopt a prompt capacity auction and update the RTO’s resource retirement process.
ISO-NE presented a high-level overview of how it plans to account for resource deliverability in its updated capacity accreditation framework.
NEPOOL members proposed several amendments to the first phase of ISO-NE’s capacity market overhaul prior to the scheduled Markets Committee vote on ISO-NE’s proposal in November.
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