ISO-NE projects shortfall risks from extreme weather events to be manageable this winter and expects market mechanisms to provide relief by encouraging fuel conservation and replenishment.

ISO-NE is working to add the capability to model preemptive actions to its probabilistic energy adequacy tool, the RTO told the NEPOOL stakeholders.

FERC established settlement judge procedures in response to a waiver request from a generator seeking to exit ISO-NE’s inventoried energy program and refund the net revenues received from the program.

Governance structures and market rules at ISO-NE that favor incumbent interests have contributed to pushing the region into costly and carbon-intensive reliability solutions, law professor Joshua Macey told the Consumer Liaison Group.

FERC upheld its ruling on a series of updates to ISO-NE’s Inventoried Energy Program which could result in larger payments for generators to keep stored fuel on-site as a grid reliability backstop.

FERC sided with Brookfield Renewable in the company’s complaint against the RTO. The IEP is intended to compensate resources for storing extra fuel.

 

Environmental organizations reiterated their arguments that ISO-NE failed to justify the need for the program.

FERC agreed with ISO-NE that the updated gas price rates more accurately reflect market conditions.