Forward Capacity Auction (FCA)
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ISO-NE reiterated its plans not to include in its capacity auction reform project the development of ambient temperature modeling capabilities or a new simultaneous seasonal auction clearing engine.
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Climate activists from New England are calling on FERC to reject the results of ISO-NE’s Forward Capacity Auction 18, arguing the auction disproportionately favored fossil fuel resources.
ISO-NE
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.
ISO-NE
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
ISO-NE's capacity prices cleared at $3.58/kW-month in FCA 18, a nearly $1 increase over last year.
ISO-NE
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.
ISO-NE
FERC has approved ISO-NE’s proposal to delay Forward Capacity Auction 19 by one year, pushing the auction to February 2026.
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ISO-NE enters 2024 with several major projects underway and is grappling with the sweeping changes and long-term uncertainty brought by the clean energy transition.
Analysis Group
ISO-NE should move to a prompt and seasonal capacity market to better accommodate the evolving mix of resources and reliability risks in the region, Analysis Group told stakeholders at the NEPOOL Markets Committee meeting.
Deepwater Wind
A range of clean energy stakeholders outlined questions and concerns about the potential changes in ISO-NE's FCA 19.
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