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October 8, 2024

ISO New England (ISO-NE)

RTOs Prepared for Summer Peaks, but Reserve Margins Shrinking
MISO and ISO-NE said they have sufficient resources to meet summer demand but warned that their reserve margins are shrinking due to plant retirements.
FERC Fines Maxim Power $5M in Switching Scheme
FERC fined Maxim Power $5 million and employee Kyle Mitton was fined $50,000 for overcharging ISO-NE.
New England Governors Revise Energy Strategy
New England governors last week backed away from their 2013 commitment to share the costs of new gas pipelines and electric transmission, announcing a revised regional energy strategy that gives individual states more flexibility.
PJM Considering Change to Day-Ahead Deadlines in Response to FERC Gas Schedule Order
PJM is considering changing its day-ahead market schedule in response to FERC's April 16 ruling revising the interstate gas nomination timeline.
ISO-NE May Delay DR Integration into Markets
ISO-NE is considering delaying full integration of demand response into its markets by a year due to uncertainty about FERC’s authority over the resource.
FERC Backtracks from ISO-NE Winter Reliability Order
FERC backtracked from its January order directing ISO-NE to develop a market-based approach for its winter reliability program later this year.
ISO-NE Proposes New Capacity Zones for FCA 10
ISO-NE has proposed two new capacity zones for Forward Capacity Auction 10 next year.
Union: Void ISO-NE Capacity Auction Results
The union representing workers at the Brayton Point plant say the plant’s pending closure caused massive price spikes in recent ISO-NE capacity auctions.
ISO-NE Error Could Cost GenOn Millions
GenOn Energy Management, a unit of NRG Energy, asked FERC for relief from what it called an “anomalous, illogical and patently unfair circumstance.”
Maxim Seeks Dismissal of Manipulation Case
Maxim Power, accused of market manipulation in New England, has asked FERC to terminate the case.

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