ISO-NE presented the final design details and tariff changes for the first phase of its Capacity Auction Reforms project in preparation for a stakeholder vote in October.

The New England Power Generators Association is seeking immediate action from FERC to address what it calls “serious flaws” in the design of ISO-NE’s pay-for-performance mechanism.

Retiring ISO-NE CEO Gordon van Welie discussed the changes he helped oversee during his time at the RTO, including the rise of gas generation and major investments in transmission infrastructure.

ISO-NE provided updates on its proposals for generator retirements, market power mitigation, and resource qualification and reactivation.

ISO-NE’s capacity deficiency event demonstrated the significant benefits of solar resources, along with their limits in displacing fossil resources during peak load periods.