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November 23, 2024

ISO-NE

ISO New England Inc. is a regional transmission organization that oversees the operation of the electricity transmission system, coordinates wholesale electricity markets, and manages power system planning for the states of Connecticut, Rhode Island, Massachusetts, Vermont, New Hampshire, and most of Maine.
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ISO-NE Responds to Feedback on Capacity Auction Reforms Scope
ISO-NE’s Capacity Auction Reforms project will include an evaluation of additional resource accreditation modeling enhancements, the RTO told the NEPOOL Markets Committee.
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NEPOOL Participants Committee Votes to Support Hourly GIS Tracking
The NEPOOL Participants Committee voted to update the Generation Information System to enable the transfer of hourly certificates, opening the door for the sale of hourly renewable energy credits. 
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Mass. DPU Approves 1st Round of Utility Grid Modernization Plans
The Massachusetts Department of Public Utilities approved grid modernization plans from electric distribution companies to handle increasing electrification and the deployment of distributed resources.
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Proposal to Limit Participation at New Hampshire PUC Spurs Backlash
New rules proposed by the New Hampshire Public Utilities Commission would “unduly exclude” companies and organizations from participating in its proceedings, according to a coalition of power generators, consumer advocates and environmental organizations.
ISO-NE
ISO-NE: New Mechanisms May be Needed to Ensure Future Grid Reliability
As the variability of generation and demand increases on the grid, market enhancements may be needed to promote dispatchable resources, ISO-NE told the PAC.
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Form Energy to Develop First Multiday Storage Project in New England
A major multiday energy storage project in central Maine intended to ease congestion is moving forward thanks to $147 million in federal funding.
ISO-NE
NEPOOL Reliability/Transmission Committee Briefs: Aug. 13-14, 2024

New England transmission owners have presented a $185 per kW-year regional network service rate for 2025, an increase over the $154 per kW-year rate in 2024.

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FERC Establishes Settlement Procedures for ISO-NE IEP Exit Request
FERC established settlement judge procedures in response to a waiver request from a generator seeking to exit ISO-NE’s inventoried energy program and refund the net revenues received from the program.
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ISO-NE Outlines ‘Straw Scope’ of Capacity Market Reforms
ISO-NE responded to stakeholder feedback on its capacity auction reform project at the NEPOOL Markets Committee meeting, providing clarity on the scope of its capacity market overhaul. 
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NEPOOL Participants Committee Briefs: Aug. 1, 2024
Despite above-average temperatures, the ISO-NE energy market value was down slightly in July 2024 relative to July 2023, ISO-NE COO Vamsi Chadalavada said at the NEPOOL Participants Committee meeting.

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