Forward Capacity Market (FCM)
ISO-NE and NEPOOL kicked off a two-day meeting with a session strictly devoted to discussing removing the MOPR from the capacity market.
ISO-NE and stakeholders formally started work on eliminating the minimum offer price rule at a two-day meeting of the NEPOOL Market Committee.
FERC accepted parts of the ISO-NE and NEPOOL “jump ball” filing on offer review trigger price values in a ruling issued late Monday.
ISO-NE’s winter wholesale market costs totaled $2.33 billion, a 31% increase from the previous winter driven by higher energy costs.
ISO-NE briefed the NEPOOL Participants Committee on a project to address the removal of the minimum offer price rule from the capacity market.
ISO-NE and NEPOOL jointly filed updated offer review trigger price values with FERC under their “jump ball” provision.
FERC approved changes to ISO-NE’s tariff eliminating capacity performance payments for energy efficiency resources.
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's Planning Advisory Committee reviewed the 2021 CELT forecast, noting the progress the region has made in electrifying transportation and heating.
FERC sent ISO-NE a deficiency notice regarding the RTO’s proposed rule revisions for capacity auction values, the NEPOOL Participants Committee heard.
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