resource capacity accreditation (RCA)
FERC has approved an additional two-year delay of ISO-NE’s forward capacity auction 19, pushing the auction to February 2028.
ISO-NE’s proposed resource capacity accreditation updates would result in an estimated 11% increase in capacity market revenues, the RTO told the NEPOOL Markets Committee.
New grid-scale battery storage in Maine would be cheaper than new fossil peaker plants when accounting for societal costs of air pollution and carbon emissions, according to a new report.
ISO-NE continued work on resource capacity accreditation changes, outlining how changes to the overall resource mix could affect the reliability value of different resource types.
Climate activists from New England are calling on FERC to reject the results of ISO-NE’s Forward Capacity Auction 18, arguing the auction disproportionately favored fossil fuel resources.
The NEPOOL Participants Committee voted to support an additional two-year delay of FCA 19 to buy time for the RTO to develop and implement resource capacity accreditation changes and shift the overall timeline of capacity auctions.
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.
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.
Improvements are required to the Resource Adequacy Assessment used to calculate capacity requirements and develop resource-specific accreditation values, says the technical manager at ISO-NE.
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