ISO New England (ISO-NE)
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.
A new study from the Northeast Power Coordinating Council outlines some of the major risks that reliance on natural gas generation poses for the New England power system.
ISO-NE’s multiyear effort to overhaul its forward capacity market likely will continue to dominate ISO-NE and NEPOOL work in 2025.
New England transmission owners no longer can require interconnection customers to pay operations and maintenance costs for required system upgrades, FERC has ruled.
Backed by a new process conducted by the New England states, ISO-NE is moving forward with a request for proposals to build new transmission that would bring wind to market from Northern Maine.
While 2024 brought notable success on state-level climate policy in Massachusetts, 2025 brings significant uncertainty regarding whether the change in federal administration will slow the momentum of the clean energy transition in the region.
ISO-NE continued work with stakeholders on its capacity auction reform project at the NEPOOL Markets Committee meeting, previewing 2025 discussions on the transition to a prompt capacity auction.
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