ISO-NE provided stakeholders with a high-level overview of its proposed prompt capacity market design and discussed several other aspects of its capacity auction reform project at a two-day meeting of the NEPOOL Markets Committee.

ISO-NE continued discussions with stakeholders on its capacity auction reform project at the NEPOOL Markets Committee, providing more information on planned changes to the resource retirement process.

ISO-NE plans to decouple resource retirements from the capacity auction process and adopt a two-year notification timeline for retiring generators, the RTO told stakeholders at the NEPOOL Markets Committee.

ISO-NE continued work with stakeholders on its capacity auction reform project at the NEPOOL Markets Committee meeting, previewing 2025 discussions on the transition to a prompt capacity auction.

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.

ISO-NE is not planning to pursue the development of simultaneously clearing seasonal capacity auctions as part of its capacity auction reform project.

ISO-NE presented the initial scope of its work to coordinate resource capacity accreditation improvements with proposed capacity market timing changes at the NEPOOL Markets Committee summer meeting.

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 told the NEPOOL Markets Committee that it is proposing a major redesign to its capacity market, moving from a three-years-ahead schedule to a prompt and seasonal design.