New England Power Pool (NEPOOL)
Energy storage technology is still moving faster than state regulators and the markets can accommodate, speakers said at NECPUC.
New England will have only enough natural gas capacity to supply about half of its gas-fired generation in winters 2025 and 2030, according to NEPOOL.
ISO-NE presented its proposal for a two-tiered capacity auction that would incorporate state-mandated renewable generation at the FERC technical conference.
New England states will not have enough renewable resources to meet the 2025 and 2030 targets in current renewable portfolio standards.
The NEPOOL IMAPP collaborative process will suspend its monthly meetings until May to allow ISO-NE more time to develop a new market design.
NEPOOL's collaborative process to address climate change while preserving wholesale electricity markets won endorsement from FERC Comm. Cheryl LaFleur.
The New England Restructuring Roundtable included discussions of a market design that could include carbon pricing and a two-tiered capacity market.
RGGI reported another lackluster carbon allowance auction last week, bolstering calls by Mass. and others for more aggressive cuts in the compact’s emission caps.
RTO Insider spoke to the chair of NEPOOL, which is reviewing its market rules to align them with New England’s efforts towards a low-carbon future.
FERC denied rehearing of its September order endorsing the interim Winter Reliability Program for ISO-NE.
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