November 22, 2024

Forward Capacity Market (FCM)

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ISO-NE, NEPOOL Continue to Conceptualize Capacity Market Sans MOPR
ISO-NE and NEPOOL kicked off a two-day meeting with a session strictly devoted to discussing removing the MOPR from the capacity market.
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Formal Work to Remove MOPR Begins at NEPOOL Markets Committee
ISO-NE and stakeholders formally started work on eliminating the minimum offer price rule at a two-day meeting of the NEPOOL Market Committee.
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FERC Accepts, Rejects Parts of ISO-NE, NEPOOL ORTP Filing
FERC accepted parts of the ISO-NE and NEPOOL “jump ball” filing on offer review trigger price values in a ruling issued late Monday.
NEPOOL Markets Committee Briefs: May 11, 2021
ISO-NE’s winter wholesale market costs totaled $2.33 billion, a 31% increase from the previous winter driven by higher energy costs.
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NEPOOL Participants Committee Briefs: May 6, 2021
ISO-NE briefed the NEPOOL Participants Committee on a project to address the removal of the minimum offer price rule from the capacity market.
ISO-NE, NEPOOL File ‘Jump Ball’ on Updated ORTP Values
ISO-NE and NEPOOL jointly filed updated offer review trigger price values with FERC under their “jump ball” provision.
FERC Approves Eliminating ISO-NE Capacity Performance Payments for EE
FERC approved changes to ISO-NE’s tariff eliminating capacity performance payments for energy efficiency resources.
NEPOOL Participants Committee Votes on ORTP Values
NEPOOL's Participants Committee acted on modified proposals for ORTPs used for Forward Capacity Market parameters in the 2025/26 capacity commitment period.
ISO-NE Planning Advisory Committee Meeting Briefs: March 17, 2021
ISO-NE's Planning Advisory Committee reviewed the 2021 CELT forecast, noting the progress the region has made in electrifying transportation and heating.
NEPOOL Participants Committee Briefs: March 4, 2021
FERC sent ISO-NE a deficiency notice regarding the RTO’s proposed rule revisions for capacity auction values, the NEPOOL Participants Committee heard.

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