New England Power Pool (NEPOOL)
FERC granted ISO-NE an extension on its Order 2222 compliance deadline, giving the RTO until Feb. 2, 2022.
A FERC technical conference brought together a group of New England regulators, ISO-NE executives and the chair of the NEPOOL Participants Committee.
Panelists discussed at the annual NEECE discussed the challenges of decarbonizing New England's grid.
ISO-NE told stakeholders that Analysis Group’s modeling approach for a future capacity market construct is consistent with both an FCEM and ICCM.
ISO-NE’s winter wholesale market costs totaled $2.33 billion, a 31% increase from the previous winter driven by higher energy costs.
ISO-NE briefed the NEPOOL Participants Committee on a project to address the removal of the minimum offer price rule from the capacity market.
The NEPOOL Participants Committee continued working groups on “Pathways to the Future Grid” as ISO-NE and stakeholders reviewed decarbonization strategies.
ISO-NE told the NEPOOL Markets Committee that the RTO would seek an extension of the compliance deadline for FERC Order 2222 until February 2022.
ISO-NE and NEPOOL jointly filed updated offer review trigger price values with FERC under their “jump ball” provision.
The NEPOOL Markets and Reliability committees produced a consensus framework document and assumptions for Phase 1 of the Future Grid Reliability Study.
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