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NEPOOL’s Participants Committee acted on modified proposals for ORTPs used for Forward Capacity Market parameters in the 2025/26 capacity commitment period. | ISO-NE via Concentric Energy Advisors and Mott McDonald
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ISO-NE’s Planning Advisory Committee reviewed the 2021 CELT forecast, noting the progress the region has made in electrifying transportation and heating. | ISO-NE
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FERC sent ISO-NE a deficiency notice regarding the RTO’s proposed rule revisions for capacity auction values, the NEPOOL Participants Committee heard. | ISO-NE
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FERC approved revisions to the ISO-NE tariff on recalculating the dynamic delist bid threshold for the Forward Capacity Auction. | ISO-NE
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ISO-NE’s 15th annual Forward Capacity Auction cleared with prices ranging from $2.48/kW-month to $3.98/kW-month — nearly doubling last year’s record-low figure. | ISO-NE
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NEPOOL’s Markets Committee voted to recommend the Participants Committee support tariff changes that would prevent resources from locking in prices for seven years. | ISO-NE
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FERC ordered ISO-NE to remove its new-entrant rules for its capacity market, preventing resources from being allowed to lock in their prices. | ISO-NE
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FERC defended its CASPR order, which permitted ISO-NE to create a two-stage capacity auction to accommodate state renewable energy procurements. | © RTO Insider
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ISO-NE’s 2020 Forward Capacity Auction cleared at a record low of $2/kW-month, a nearly 50% drop from the $3.80/kW-month in 2019. | ISO-NE
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ISO-NE will apply different deposit rules on new capacity resources for Forward Capacity Auction 14 under a proposal approved by FERC. | NTE Energy
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NEPOOL’s Reliability Committee declined to endorse ISO-NE’s proposed installed capacity requirement values, as the Generation and Supplier sectors voted unanimously in opposition. | ISO-NE
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A new ISO-NE whitepaper attempts to chart a course for the RTO to develop new market-based solutions to overcome New England’s long-term energy security challenges. | EIA
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FERC last week approved ISO-NE’s proposed values for the Installed Capacity Requirement, Hydro-Québec Interconnection Capability Credits and related values in time for the RTO’s Forward Capacity Auction 13. | ISO-NE
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The D.C. Circuit Court of Appeals on Tuesday dismissed claims by a labor union that FERC had failed to consider the effects of the closure of Brayton Point power plant on ISO-NE’s Forward Capacity Auctions 9 and 10, but did suggest the commission should act on a similar claim regarding FCA 8.
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FERC denied ISO-NE’s request for a Tariff waiver to keep Exelon’s Mystic generating plant running, instead ordering the RTO to revise its rules to allow cost-of-service agreements for fuel security issues.
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Among the topics reviewed at last week’s ISO-NE Planning Advisory Committee (PAC) meeting was the fact that the RTO’s 10-year Capacity, Energy, Loads and Transmission (CELT) forecast predicts 2026 annual net load will be about 3.7% lower than estimated in the 2017 forecast. | ISO-NE
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FERC accepted ISO-NE’s request to terminate 11 MW of the capacity supply obligations (CSOs) for a Maine wind farm. | NovatusEnergy
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ISO-NE’s 12th Forward Capacity Auction saw 34,830 MW clear at $4.63/kW-month, the lowest price in five years. | PSEG
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FERC accepted ISO-NE’s informational filing for Forward Capacity Auction 12, rejecting protests over qualification rules. | ISO-NE
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ISO-NE presented a draft of its Maine Resource Integration Study to the Planning Advisory Committee. | ISO-NE
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