Regional Energy Shortfall Threshold (REST)
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 is working to add the capability to model preemptive actions to its probabilistic energy adequacy tool, the RTO told the NEPOOL stakeholders.
The RTO will next year focus on capacity auction reforms, establishing a regional energy shortfall threshold, complying with FERC orders 1920 and 2023, and implementing market and technology improvements.
New England transmission owners have presented a $185 per kW-year regional network service rate for 2025, an increase over the $154 per kW-year rate in 2024.
ISO-NE outlined its current thinking on a potential Regional Energy Shortfall Threshold at the NEPOOL Reliability Committee.
ISO-NE kicked off work to determine an acceptable level of energy shortfall risk for New England, particularly during extreme weather events.
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