New England transmission owners have added over $376 million in projects to the asset condition list since October while placing over $560 million in projects in service.

ISO-NE’s initial review of proposals submitted for a first-of-its-kind transmission procurement indicates four of the six proposals do not meet the technical requirements and are not eligible for selection.

Ruling on a series of complaints dating back to 2011, FERC ordered a reduction in the return on equity for the New England transmission owners, cutting the rate from 10.57% to 9.57%.

Updating stakeholders on its proposal for an internal asset condition reviewer, ISO-NE said it now plans to review asset condition projects estimated by transmission owners to exceed $25 million in regionalized costs.

One New England offshore wind farm has completed construction, and another has begun sending electricity ashore as it finishes construction.

ISO-NE published initial data on how its proposed capacity market overhaul will affect resource accreditation, providing an indication of how the changes would affect capacity market revenues for different resource types.

FERC initiated a show-cause proceeding based on concerns about the lack of provisions in the RTO’s tariff enabling corrections to incorrect payments to or from market participants.

ISO-NE proposed to reduce its performance payment rate by more than 60% in response to concerns that excessive penalties will have unintended consequences for the capacity market.

The winter of 2025/26 was the most expensive winter in the history of ISO-NE’s wholesale markets, driven by the lowest average temperatures in 20 years.

FERC dismissed a complaint about a $385 million asset condition project on an Eversource Energy transmission line in New Hampshire, finding it failed to demonstrate any violations by the company.