New England Power Pool (NEPOOL)
Analysis Group outlined the methodology of its study of major changes to the structure of ISO-NE’s Forward Capacity Market (FCM) at the NEPOOL Markets Committee meeting.
NEPOOL members voted to delay FCA 19 by one year, seeking time to revise its capacity accreditation rules and consider a prompt or seasonal market.
Some clean energy stakeholders have expressed concerns about the impacts that delaying ISO-NE's FCA 19 would have on new resources looking to secure capacity rights in the auction.
ISO-NE plans to request independent entity variations related to its operating assumptions for storage resources and the cluster study timeframe.
ISO-NE anticipates little risk of energy shortfall in the summer of 2032.
ISO-NE COO Vamsi Chadalavada told the NEPOOL Participants Committee about the ISO's market value, and the ISO answers states' draft 2024 budget questions.
The largest portion of ISO-NE's budget increase is allocated to adjustments to current employee salaries.
New England wholesale market costs were significantly lower in the spring of 2023 compared to spring 2022 and 2021, the ISO-NE Internal Market Monitor told the Markets Committee.
Fletcher, CC BY-SA 4.0, via Wikimedia Commons
NEPOOL approved a set of tariff changes related to ISO-NE’s Day-Ahead Ancillary Services Initiative proposal at the Participants Committee meeting.
High-level energy officials from Connecticut, Maine, Massachusetts, Rhode Island and Vermont asked ISO-NE to establish an executive-level environmental justice position.
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