New England Power Pool (NEPOOL)
The NEPOOL Transmission Committee voted to approve a proposal by ISO-NE and the New England States Committee on Electricity to create a new process to facilitate transmission investments that address state-identified, long-term needs associated with the clean energy transition.
ISO-NE presented the NEPOOL Markets Committee with additional results of the impact analysis for the RTO’s resource capacity accreditation project, which looked at how changes to the resource mix would affect the seasonal distribution of shortfall risks.
The NEPOOL Markets Committee approved an additional two-year delay of ISO-NE’s Forward Capacity Auction 19 to develop and implement a new seasonal capacity auction.
The NEPOOL Participants Committee unanimously approved ISO-NE’s package of tariff revisions to comply with FERC Order 2023.
ISO-NE’s compliance proposal for Order 2023 failed to meet the voting threshold to receive support from the NEPOOL Transmission Committee.
ISO-NE provided more detail in response to stakeholder questions about how the RTO plans to model oil and gas resources as a part of its Resource Capacity Accreditation project.
ISO-NE presented the NEPOOL Markets Committee with the initial results of the RTO’s Resource Capacity Accreditation.
ISO-NE told the NEPOOL Markets Committee that it is proposing a major redesign to its capacity market, moving from a three-years-ahead schedule to a prompt and seasonal design.
New England power system emissions decreased by about 3.6% in 2023 compared to 2022, according to the underlying data from ISO-NE COO Vamsi Chadalavada’s monthly report.
The NEPOOL Transmission Committee will vote on ISO-NE compliance proposal and stakeholder amendments on Feb. 15.
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