New England Power Pool (NEPOOL)
ISO-NE continued work on the second phase of its Capacity Auction Reform project, discussing modeling of the region’s gas constraints, seasonal auction design and its approach to evaluating the impacts of the auction changes.
The NEPOOL Participants Committee voted nearly unanimously to support the first phase of ISO-NE’s capacity auction reform project.
ISO-NE outlined proposed capacity accreditation for active and passive demand capacity resources at the NEPOOL Reliability Committee.
ISO-NE outlined its planned approach for accounting for resources’ gas supply limitations in its new capacity accreditation framework at a NEPOOL Markets Committee meeting.
NEPOOL technical committees voted in favor of ISO-NE’s proposal to adopt a prompt capacity auction and update the RTO’s resource retirement process.
ISO-NE’s probabilistic modeling indicates there is minimal risk of shortfall in the upcoming winter, COO Vamsi Chadalavada told the NEPOOL Participants Committee.
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 presented a high-level overview of how it plans to account for resource deliverability in its updated capacity accreditation framework.
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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