The RTO will next year focus on capacity auction reforms, establishing a regional energy shortfall threshold, complying with FERC orders 1920 and 2023, and implementing market and technology improvements.

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.

NEPOOL held its annual summer Participants Committee meeting in New Hampshire during a multiday stretch of extreme heat and high demand on the New England grid.

Governance structures and market rules at ISO-NE that favor incumbent interests have contributed to pushing the region into costly and carbon-intensive reliability solutions, law professor Joshua Macey told the Consumer Liaison Group.

The NEPOOL Participants Committee approved ISO-NE’s Order 2023-A compliance proposal, making incremental changes to its previous plan approved in March.

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.

The NEPOOL Participants Committee unanimously approved ISO-NE’s package of tariff revisions to comply with FERC Order 2023.

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.

Hoping for a mild winter is not a sustainable plan for reliability, FERC Chairman Willie Phillips said at a NEPOOL Participants Committee meeting.