ISO-NE and stakeholders discussed market performance, capacity auction reforms, the RTO’s 2026 budget and asset condition spending at the summer meeting of the NEPOOL Participants Committee.

ISO-NE CEO Gordon van Welie has announced plans to step down at the end of 2025. He will be replaced by longtime ISO-NE COO Vamsi Chadalavada.

The Internal Market Monitor weighed in on ISO-NE's proposed capacity market overhaul, expressing support for increased flexibility around resource retirement notifications and recommending the elimination of the pivotal supplier test.

A recent report on RTO accountability, transparency and accessibility gave ISO-NE an "F," citing its "exclusive stakeholder process and inaccessible" board meetings.

ISO-NE discussed its plans for preventing and mitigating market power as it overhauls its capacity market and resource retirement processes at a NEPOOL Markets Committee meeting.