FERC approved a proposal by ISO-NE to reduce its Forward Reserve Market offer cap and delay the publication of offer data from four months to a year after each auction.

New England power system emissions decreased by about 3.6% in 2023 compared to 2022, according to the underlying data from ISO-NE COO Vamsi Chadalavada’s monthly report.

FERC approved ISO-NE’s proposal to create a day-ahead ancillary services market and retire the current Forward Reserve Market, effective March 1, 2025.

The NEPOOL Participants Committee acted on consent agenda items and discussed ISO-NE's "vision for the future" and winter readiness.

NEPOOL's Markets Committee agreed to sunset the Forward Reserve Market but rejected ISO-NE's proposal for recalculating the dynamic delist bid threshold.

The Markets Committee heard an update on ISO-NE’s next Order 841 compliance filing and its proposal to sunset the Forward Reserve Market.

The NEPOOL Markets Committee held a three-day meeting, with much of the time devoted to revising parameters for Forward Capacity Auction 16.

New England’s total wholesale costs of electricity last year fell 19% to $9.8 billion, according to the ISO-NE Market Monitor’s 2019 Annual Markets Report.