Forward Capacity Auction (FCA)
FERC approved revisions to the ISO-NE tariff on recalculating the dynamic delist bid threshold for the Forward Capacity Auction.
ISO-NE’s 15th annual Forward Capacity Auction cleared with prices ranging from $2.48/kW-month to $3.98/kW-month.
NEPOOL’s Markets Committee recommend the Participants Committee support tariff changes that would prevent resources from locking in prices for seven years.
FERC ordered ISO-NE to remove its new-entrant rules for its capacity market, preventing resources from being allowed to lock in their prices.
FERC defended its CASPR order, which permitted ISO-NE to create a 2-stage capacity auction to accommodate state renewable energy procurements
ISO-NE's 2020 Forward Capacity Auction cleared at a record low of $2/kW-month, a nearly 50% drop from the $3.80/kW-month in 2019.
ISO-NE will apply different deposit rules on new capacity resources for Forward Capacity Auction 14 under a proposal approved by FERC.
NEPOOL’s Reliability Committee did not endorse ISO-NE’s installed capacity requirement values, as the Generation and Supplier sectors voted in opposition.
A ISO-NE whitepaper attempts to chart a course for the RTO to develop new market-based solutions to overcome New England’s energy security challenges.
FERC approved ISO-NE’s proposed values for the Installed Capacity Requirement, capability credits and related values in time for the capacity auction.
Want more? Advanced Search