New England Power Pool (NEPOOL)
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.
ISO-NE has re-elected current Directors Caren Anders, Steve Corneli and Michael Curran, the RTO announced.
ISO-NE outlined its current thinking on a potential Regional Energy Shortfall Threshold at the NEPOOL Reliability Committee.
ISO-NE’s proposed resource capacity accreditation updates would result in an estimated 11% increase in capacity market revenues, the RTO told the NEPOOL Markets Committee.
The NEPOOL Participants Committee approved ISO-NE’s Order 2023-A compliance proposal, making incremental changes to its previous plan approved in March.
In a wide-ranging letter, four U.S. senators called for improved transparency and accountability from ISO-NE, and asked the RTO to increase its efforts to facilitate the clean energy transition.
The NEPOOL Transmission Committee voted on to approve updates to ISO-NE’s Order 2023 compliance proposal to account for Order 2023-A.
ISO-NE is decreasing its peak load projections slightly for the next 10 years due to slower-than-expected EV adoption, managed charging programs and changes to its modeling of partial building electrification.
ISO-NE continued work on resource capacity accreditation changes, outlining how changes to the overall resource mix could affect the reliability value of different resource types.
The NEPOOL Participants Committee voted to support an additional two-year delay of FCA 19 to buy time for the RTO to develop and implement resource capacity accreditation changes and shift the overall timeline of capacity auctions.
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