Updating stakeholders on its proposal for an internal asset condition reviewer, ISO-NE said it now plans to review asset condition projects estimated by transmission owners to exceed $25 million in regionalized costs.

ISO-NE published initial data on how its proposed capacity market overhaul will affect resource accreditation, providing an indication of how the changes would affect capacity market revenues for different resource types.

ISO-NE proposed to reduce its performance payment rate by more than 60% in response to concerns that excessive penalties will have unintended consequences for the capacity market.

Clean energy groups are calling for changes to ISO-NE’s surplus interconnection service rules to use capacity headroom and help some resources avoid lengthy cluster study processes.

Just a few weeks after taking over as CEO of ISO-NE, Vamsi Chadalavada faced a trial-by-fire introduction to the job.

Consistently cold weather drove record-high December energy market costs for ISO-NE and caused the region to rely heavily on stored oil and LNG injections.

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.