ISO New England (ISO-NE)
InvictaHOG, Public Domain, via Wikimedia Commons
Eversource and National Grid have reached agreements with Constellation to keep the Everett Marine Terminal open for six more years, pending approval from the state.
ISO-NE
ISO-NE presented the NEPOOL Markets Committee with the initial results of the RTO’s Resource Capacity Accreditation.
Analysis Group
ISO-NE told the NEPOOL Markets Committee that it is proposing a major redesign to its capacity market, moving from a three-years-ahead schedule to a prompt and seasonal design.
ISO-NE
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
FERC released the latest iteration of its Common Metrics Report on ISO/RTO markets, which evaluates their performance and benefits.
State of Massachusetts
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.
© RTO Insider LLC
The NEPOOL Transmission Committee will vote on ISO-NE compliance proposal and stakeholder amendments on Feb. 15.
ISO-NE
Improvements are required to the Resource Adequacy Assessment used to calculate capacity requirements and develop resource-specific accreditation values, says the technical manager at ISO-NE.
Analysis Group
Analysis Group presented its final report on converting ISO-NE's Forward Capacity Market to a prompt, seasonal construct.
Shutterstock
ISO-NE has proposed several deviations from the specific approach detailed in Order 2023, including a 270-day cluster study timeline instead of FERC’s 150-day timeline.
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