Thursday
Apr272017

Register now for 2017 Supply and Demand Resource Operator Training

Instructor-led sessions on June 22 and October 19 feature a tour of the backup control room and a chance to see ISO system operators in action during a simulation; online training is also available

Supply and Demand Resource Operator Training (SROT/DROT) satisfies initial and continuing training requirements for personnel who act in the capacity of a designated entity (DE) or demand-designated entity (DDE). (See Operating Procedure No. 14.) You can choose to take SROT/DROT as an instructor-led session or as an online course. (Details follow.)

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Wednesday
Apr262017

Summer 2017 outlook: sufficient electricity supplies expected

New England is expected to have the resources needed to meet consumer demand for electricity this summer, though tight supply margins could develop if forecasted peak system conditions occur. If this happens, ISO New England will take steps to manage New England’s electricity supply and demand in real time and maintain power system reliability. Under normal weather conditions of 90 degrees Fahrenheit (F), electricity resources should be sufficient to meet consumer demand this summer, with a forecasted peak of 26,482 MW megawatts (MW). Extreme weather of 94°F could push up electricity demand to 28,865 MW. View the press release.

Wednesday
Apr262017

Now online: Energy Storage Market Participation Overview webinar recording

The presentation and recording of the April 11, Energy Storage Market Participation Overview webinar is now available for download on the Training Materials webpage. The webinar provides an overview of how energy-storage technologies can participate in the New England electricity markets and is for all interested parties, including market participants and non-participant developers interested in adding energy-storage devices. Email the training team with questions at MkTraining@iso-ne.com.

Monday
Apr242017

ISO-NE publishes discussion paper on proposed solution to harmonize competitive markets and subsidized resources

ISO New England has published "Competitive Auctions with Subsidized Policy Resources." This discussion paper details the ISO’s proposal to address concerns about subsidized new resources’ participation in the Forward Capacity Market and their potential effects, including depressed prices or excess capacity. Read highlights of the proposal published last week.

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Monday
Apr242017

Monthly wholesale electricity prices and demand in New England, March 2017

Cold weather drove up natural gas prices in March, resulting in electricity prices that were higher than March 2016’s record-low price

Unusually cold weather in March drove up natural gas prices in New England to more than twice the average price in March 2016, driving up the average wholesale power price. The March 2017 average price of natural gas rose nearly 140% year-over-year. The average wholesale power price in New England doubled to $34.81 per megawatt-hour (MWh)* compared to the March 2016 average price, which at $17.20/MWh stands as the lowest monthly average power price in New England since March 2003. The current wholesale electricity markets were launched in March 2003.

The March power price was 24.1% higher than the February average price of $28.05. The cold weather in March also drove up electricity usage in New England, by nearly 6% year-over-year and 10.5% over usage during February.

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Friday
Apr212017

ISO-NE proposes solution to harmonize competitive markets and subsidized resources

ISO New England has posted a four-page outline of its proposal to address concerns about subsidized new resources’ participation in the Forward Capacity Market and their potential effects, including depressed prices or excess capacity. The ISO’s concept proposes to closely coordinate the entry of (subsidized) new resources with the exit of (unsubsidized) existing capacity resources. A more detailed paper explaining the proposal will be released in the near future.

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