These webinars will inform prospective project sponsors and market participants about the requirements and submittal process for the Show of Interest (SOI) for the twelfth Forward Capacity Auction (FCA #12) to be held in February 2018 for the 2021-2022 Capacity Commitment Period. The training focuses on how and when to submit the SOI and the information required for Forward Capacity Auction qualification. The New Generation and Imports Show of Interest for FCA #12 webinar will be held February 22, 2017, from 1:30-3:30 p.m. The New Demand Resources Show of Interest for FCA #12 will be held February 23, 2017, from 10:00 a.m.-12:00 p.m. Email the training team with questions at MkTraining@iso-ne.com.
For the fourth year in a row, a winter reliability program is in effect to help augment fuel adequacy in New England. In September 2015, the Federal Energy Regulatory Commission approved a program for the winters of 2015/2016 to 2017/2018 to address seasonal reliability challenges created by constraints on New England’s interstate natural gas pipeline system. The previous programs proved to be cost-effective, short-term solutions to help keep the lights on in New England during very cold winter days.
The Federal Energy Regulatory Commission (FERC) has accepted ISO New England’s proposed Installed Capacity Requirement (ICR) values to be used in the 11th Forward Capacity Market auction (FCA #11), which commences February 6, 2017. The ICR used in the development of the system-wide and zonal demand curves for FCA #11 is 34,075 megawatts (MW).
This year’s ICR calculations continue to account for the demand-reducing effects of behind-the-meter solar photovoltaic (PV) resources. Using the ISO’s long-term forecast of growth in PV resources, the amount of capacity required in 2020/2021 was reduced by 720 MW.
The changes, which go into effect December 2018, provide greater flexibility for new storage technologies to participate in the wholesale electricity marketplace
On December 9, 2016, the Federal Energy Regulatory Commission (FERC) accepted changes to ISO New England’s market rules to allow energy storage to participate as dispatchable resources in the Day-Ahead and Real-Time Energy Markets, while continuing to participate as alternative technology regulation resources (ATRRs) in the Regulation Market.
The US Department of Energy (DOE) has released the second installment of its Quadrennial Energy Review (QER 1.2), examining an array of issues and trends affecting the electric system in North America, from bulk power generation to end user, out to 2040. The report, titled “Transforming the Nation’s Electricity System,” finds that the electric system is a critical and essential national asset and that it is a strategic imperative to protect and enhance the value of the system through modernization and transformation. The QER 1.2 conducts its analysis within the context of three overarching national goals: enhancing economic competitiveness, promoting environmental responsibility, and providing for the nation’s security.
Registration is open for the Offer Price Development for New Capacity Resources webinar that will be held on February 16, 2017, from 1:00 to 3:00 p.m. This webinar will provide market participants with information about the formulation of a new (generating or import capacity) resource offer floor price and completing the cost workbook to support that price. The training is for new capacity resources, including generating resources, import capacity resources, demand resources, and distributed generation. Email the training team with questions at MkTraining@iso-ne.com.