ISO New England (ISO-NE)
ISO-NE’s probabilistic modeling indicates there is minimal risk of shortfall in the upcoming winter, COO Vamsi Chadalavada told the NEPOOL Participants Committee.
Incoming ISO-NE CEO Vamsi Chadalavada emphasized the importance of innovation and a forward-looking approach to prepare for the future grid.
Weather-normalized electricity demand has increased by about 2% in Eversource Energy’s service territories in New England, in part due to heating and transportation electrification, CEO Joe Nolan said.
Despite recent transparency improvements, broader efforts are needed to address underlying concerns about a lack of regulatory oversight of local transmission costs in New England, a panel of transmission experts said.
ISO-NE is proposing tariff changes intended to update how the RTO assigns capacity rights to resources not subject to its interconnection processes.
ISO-NE’s first interconnection cluster study held under new Order 2023 rules is made up mostly of large battery resources and contains only five wind and solar projects.
ISO NE CEO Gordon van Welie talked about the evolving grid in New England and how markets are changing and what the future holds as state policies drive higher demand and increasing decarbonization.
ISO-NE presented a high-level overview of how it plans to account for resource deliverability in its updated capacity accreditation framework.
ISO-NE identified nine projects to include in an interim asset condition review process starting in November, which will proceed as the RTO works to stand up internal condition review capabilities by the start of 2027.
NEPOOL members proposed several amendments to the first phase of ISO-NE’s capacity market overhaul prior to the scheduled Markets Committee vote on ISO-NE’s proposal in November.
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