New England Power Pool (NEPOOL)
The NEPOOL Transmission Committee voted to recommend the Participants Committee support ISO-NE’s filing to address rejected portions its FERC Order 845 compliance filing.
The NEPOOL Reliability Committee discussed load forecasting method changes, DC-coupled facilities' participation in the markets and transmission upgrades.
ISO-NE’s winter wholesale market costs totaled $1.8 billion, a 32% decrease from the previous winter because of lower energy and capacity costs.
ISO-NE plans to bring staff back to its Holyoke, Mass., headquarters in phases over the summer, CEO Gordon van Welie told the NEPOOL Participants Committee.
NEPOOL participants seem to be in “overall agreement” with ISO-NE’s approach to finalizing compliance with FERC Order 845.
ISO-NE energy demand has fallen 3 to 5% since stay-at-home orders began being implemented across New England, the NEPOOL Reliability Committee heard.
ISO-NE’s wholesale market costs last fall declined 38% year over year to $1.5 billion, with both energy and capacity market costs decreasing significantly.
ISO-NE’s Energy Security Improvements initiative hit a snag when the NEPOOL Markets Committee failed to recommend it to the Participants Committee.
At the NEPOOL Reliability Committee, stakeholders pushed back on ISO-NE’s draft assumptions on improving system fuel security.
FERC rejected ISO-NE Tariff revisions to clarify that resources retained for fuel security reasons will not be retained for other reasons once the fuel security retention period ends.
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