Two years in the making, a brand new, completely overhauled iso-ne.com is now live and ready to show off its fresh new design. ISO New England “flipped the switch” to unveil its new site on Saturday, August 23. The website has gone through some BIG changes—visual, architectural, and functional—to make it more user-friendly and improve the way ISO New England delivers information.
Registration is open for the third quarter 2014 webinar, Quarterly Settlements Issues Forum, that will be held on September 10, 2014, from 10:00 a.m.–11:00 a.m. These quarterly interactive, web-based meetings cover upcoming changes affecting ISO New England settlements and billing and are open to interested market participants. If you have any questions, please email the training team at MkTraining@iso-ne.com.
Seats still open for instructor-led sessions August 14 and September 3 featuring tour of control room
Register now for 2014 Supply and Demand Resource Operator Training (SROT/DROT) at the ISO’s new backup control center in Windsor, Connecticut. SROT/DROT is required for certain Designated Entity and Demand Designated Entity personnel (see below) and must be completed yearly by December 1 to satisfy continuing training requirements. Training is available in both instructor-led and online formats.
Registration is open for the webinar, FCM Reconfiguration Auction, that will be held on Friday, September 5, 2014, from 1:30-3:30 p.m. This webinar will provide details on how the reconfiguration auction works, with focuses on binding local constraints and financial impacts. If you have any questions, please email the training team at MkTraining@iso-ne.com.
Wholesale power prices dropped in July on lower demand and natural gas prices
The average prices for natural gas and wholesale electricity fell during July as mild mid-summer weather cooled off demand in New England. The real-time price of wholesale power, at $34.91 per megawatt-hour (MWh)*, was 8% lower than the June average price of $37.92/MWh, and 39% lower than the $57.12/MWh average price recorded during July 2013, when a week-long heat wave drove peak demand to 27,379 megawatts (MW), the fourth-highest on record. By contrast, demand peaked this July at 24,400 MW, and total energy consumption was 10% lower compared to July 2013.
QER stakeholder outreach process in final stages
The Institute of Electrical and Electronics Engineers (IEEE) is currently drafting a report on priority issues in the US Department of Energy’s (DOE) Quadrennial Energy Review (QER). Continuing ISO New England’s participation in the QER process, President and CEO Gordon van Welie sent a letter to IEEE’s QER Joint Task Force leads and William Hederman, DOE’s Deputy Director for Systems Integration and Senior Advisor to Energy Secretary Moniz, in response to IEEE’s draft report.