FERC accepted ISO-NE’s updated cost of new entry (CONE) and offer review trigger price (ORTP), effective March 15, 2017.

ISO-NE advanced the idea of excluding competitive new resources from functioning as demand in a proposed “substitution” capacity auction.

ISO-NE presented its proposal for a two-tiered capacity auction that would incorporate state-mandated renewable generation at the FERC technical conference.

Millstone will bid into the ISO-NE 12th Forward Capacity Auction next year, indicating Dominion expects it to continue operations into 2022.

The NEPOOL IMAPP collaborative process will suspend its monthly meetings until May to allow ISO-NE more time to develop a new market design.

Prices dropped by one-quarter to $5.30/kW-month in the ISO-NE 11th Forward Capacity Auction, the lowest since 2013.

ISO-NE staff told the Planning Advisory Committee it is recommending the RTO not move forward on the Keene Road transmission project.

New England policymakers hope to reach agreement in 2017 on revised market rules to accommodate state clean energy policies.

The installed capacity requirement ISO-NE filed with FERC shows a continuing trend of declining load growth and a greater reliance on behind-the-meter solar.

Attendees at the Northeast Energy and Commerce Association 15th Power Markets Conference talked about the challenge of preserving competitive markets while decarbonizing the New England economy.