New England Power Pool (NEPOOL)
ISO-NE should move to a prompt and seasonal capacity market to better accommodate the evolving mix of resources and reliability risks in the region, Analysis Group told stakeholders at the NEPOOL Markets Committee meeting.
Hoping for a mild winter is not a sustainable plan for reliability, FERC Chairman Willie Phillips said at a NEPOOL Participants Committee meeting.
ISO-NE provided additional information on the second phase of its Longer-Term Transmission Planning project, which is intended to facilitate transmission investments to meet the states’ policy goals.
ISO-NE outlined how FERC’s time extension for Order 2023 compliance will impact its proposal at a meeting of the NEPOOL Transmission Committee.
Analysis Group outlined the methodology of its study of major changes to the structure of ISO-NE’s Forward Capacity Market (FCM) at the NEPOOL Markets Committee meeting.
NEPOOL members voted to delay FCA 19 by one year, seeking time to revise its capacity accreditation rules and consider a prompt or seasonal market.
Some clean energy stakeholders have expressed concerns about the impacts that delaying ISO-NE's FCA 19 would have on new resources looking to secure capacity rights in the auction.
ISO-NE plans to request independent entity variations related to its operating assumptions for storage resources and the cluster study timeframe.
ISO-NE anticipates little risk of energy shortfall in the summer of 2032.
ISO-NE COO Vamsi Chadalavada told the NEPOOL Participants Committee about the ISO's market value, and the ISO answers states' draft 2024 budget questions.
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