NEPOOL’s Markets Committee recommend the Participants Committee support tariff changes that would prevent resources from locking in prices for seven years.

The NEPOOL Markets Committee passed a motion to update FCM parameters for the 2025/26 capacity commitment period and discussed Order 841.

The Markets Committee heard an update on ISO-NE’s next Order 841 compliance filing and its proposal to sunset the Forward Reserve Market.

The NEPOOL Markets Committee held a three-day meeting, with much of the time devoted to revising parameters for Forward Capacity Auction 16.

New England’s total wholesale costs of electricity last year fell 19% to $9.8 billion, according to the ISO-NE Market Monitor’s 2019 Annual Markets Report.