As overall power production ticked up in New England in 2024, natural gas generation reached its highest annual total in the region’s history, accounting for over 55% of all generation and 51% of net energy for load, according to new data from ISO-NE.

The NEPOOL Transmission Committee declined to support a compliance proposal from New England transmission owners for a recent FERC order preventing them from charging interconnection customers for operations and maintenance fees associated with network upgrades.

The Massachusetts Department of Public Utilities approved a settlement agreement for the New England Clean Energy Connect transmission line, authorizing a significant cost increase to account for regulatory delays to the project.

ISO-NE has outlined the transmission and economic models it plans to use to evaluate proposals submitted for the longer-term transmission planning process.

The NEPOOL Reliability Committee voted to support changes to ISO-NE Planning Procedure 7 to comply with FERC Order 881.

Managing the often-at-odds priorities of affordability, reliability, and decarbonization will require a delicate balance of innovation, market reforms, and stability, industry experts said at the Northeast Energy and Commerce Association’s Power Markets Conference.

ISO-NE plans to decouple resource retirements from the capacity auction process and adopt a two-year notification timeline for retiring generators, the RTO told stakeholders at the NEPOOL Markets Committee.

The transmission companies behind a major project to preemptively build two offshore wind interconnection points in New England have submitted their first FERC filings for the project.

ISO-NE’s total energy market value reached about $1 billion in December — more than double the total value of the market in December 2024 — due to lower temperatures and increased natural gas prices.