New England Power Pool (NEPOOL)
ISO-NE
ISO-NE presented the NEPOOL Markets Committee with the initial results of the RTO’s Resource Capacity Accreditation.
Analysis Group
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.
ISO-NE
New England power system emissions decreased by about 3.6% in 2023 compared to 2022, according to the underlying data from ISO-NE COO Vamsi Chadalavada’s monthly report.
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The NEPOOL Transmission Committee will vote on ISO-NE compliance proposal and stakeholder amendments on Feb. 15.
ISO-NE
Improvements are required to the Resource Adequacy Assessment used to calculate capacity requirements and develop resource-specific accreditation values, says the technical manager at ISO-NE.
ISO-NE
ISO-NE kicked off work to determine an acceptable level of energy shortfall risk for New England, particularly during extreme weather events.
Analysis Group
ISO-NE should move to a prompt and seasonal capacity market to better accommodate the evolving mix of resources and reliability risks in the region, Analysis Group told stakeholders at the NEPOOL Markets Committee meeting.
Constellation Energy
Hoping for a mild winter is not a sustainable plan for reliability, FERC Chairman Willie Phillips said at a NEPOOL Participants Committee meeting.
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ISO-NE provided additional information on the second phase of its Longer-Term Transmission Planning project, which is intended to facilitate transmission investments to meet the states’ policy goals.
ISO-NE
ISO-NE outlined how FERC’s time extension for Order 2023 compliance will impact its proposal at a meeting of the NEPOOL Transmission Committee.
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