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.

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.

The NEPOOL Markets Committee approved an additional two-year delay of ISO-NE’s Forward Capacity Auction 19 to develop and implement a new seasonal capacity auction.

ISO-NE told the NEPOOL Markets Committee that it is proposing a major redesign to its capacity market, moving from a three-years-ahead schedule to a prompt and seasonal design.

Analysis Group presented its final report on converting ISO-NE's Forward Capacity Market to a prompt, seasonal construct.

FERC has approved ISO-NE’s proposal to delay Forward Capacity Auction 19 by one year, pushing the auction to February 2026.

ISO-NE outlined how FERC’s time extension for Order 2023 compliance will impact its proposal at a meeting of the NEPOOL Transmission Committee.