New England Power Pool (NEPOOL)
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.
At ISO-NE's quarterly Consumer Liaison Group meeting, climate activists asked board members to make all board meetings open to the public and advocated for more transparency into NEPOOL proceedings.
FERC Commissioner Judy Chang emphasized the importance of demand response, long-term transmission planning and gas-electric coordination in her address to the NEPOOL Participants Committee meeting.
ISO-NE’s regional energy shortfall threshold will rely on a pair of metrics intended to capture the intensity and duration of energy shortfall risks in extreme weather scenarios, the RTO told the NEPOOL Reliability Committee.
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 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.
An ongoing labor dispute at the hotel hosting ISO-NE’s annual open board meeting drove sparse attendance and harsh criticism from members of consumer and climate advocacy groups.
ISO-NE is pausing its discussions with stakeholders on Order 1920 compliance due to uncertainty from outstanding rehearing requests, legal challenges and recent indications of potential updates to the order from FERC commissioners.
ISO-NE is working to add the capability to model preemptive actions to its probabilistic energy adequacy tool, the RTO told the NEPOOL stakeholders.
ISO-NE is not planning to pursue the development of simultaneously clearing seasonal capacity auctions as part of its capacity auction reform project.
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