Friday
Aug102018

New! Web-based training: Designating resources as self-supplied in the Forward Capacity Market

This web-based training focuses on designating resources as self-supplied in anticipation of having those resources participate in a Forward Capacity Auction. Approximate viewing time is 17 minutes, including a video. The preferred browsers for viewing this training are Internet Explorer or Firefox. Email the training team with questions at MkTraining@iso-ne.com.

ISO New England offers a variety of training opportunities and materials to help our customers understand the region’s wholesale electricity marketplace and power system. Check out what else is available. To be sure you receive training information and updates, subscribe to ISO New England’s ISO Training mailing list.

Thursday
Aug022018

New flexibility added to Enhanced Energy Scheduling (EES) application

In response to market participant feedback, ISO New England is enhancing the functionality of its Enhanced Energy Scheduling (EES) application, which is used to submit external transactions in the energy markets. Currently the EES only allows participants to submit one price per transaction in the Day-Ahead Energy Market, meaning participants with varying hourly prices must submit unique transactions for each individual hour. Beginning September 1, 2018, participants will be able to submit day-ahead external transactions with prices that vary by hour, consistent with the functionality available for the Real-Time Energy Market. The sandbox environment incorporating this change will be available to users on August 13, 2018.

Click to read more ...

Wednesday
Aug012018

Save the date! Next Consumer Liaison Meeting set for September 20

The next meeting of the Consumer Liaison Group (CLG) will be held September 20 at the DoubleTree by Hilton Hotel Hartford-Bradley Airport in Windsor Locks, Conn. The topic will be, “Electrification of the Heating Sector: Exploring Consumer Choices." The panelists and keynote will be announced soon. Learn more about the CLG.

Tuesday
Jul312018

Update on ISO-NE’s operational fuel security initiatives

Market changes are fast-tracked to address serious challenges

Soon after releasing its Operational Fuel-Security Analysis (OFSA) in January 2018, the ISO began meeting with stakeholders to discuss the results and developing plans to address the region’s fuel security risks in the short- and long-term. However within a few months of issuing the analysis, Exelon Generation announced that it intended to retire its Mystic Station generating units effective May 31, 2022. These units and their fuel source, a neighboring liquefied natural gas (LNG) import terminal, were explicitly identified in the OFSA as critical to the region’s fuel security. Given the increased urgency of the region’s fuel-security challenges, the ISO accelerated efforts already underway to address these risks.

Click to read more ...

Friday
Jul272018

Monthly wholesale electricity prices and demand in New England, June 2018

Wholesale power and natural gas prices rose in June

Despite low power demand during June, higher natural gas prices pushed up the average wholesale power price for the month of June 2018 in both the day-ahead and real-time energy markets when compared to the previous year. The day-ahead energy price was up 5.2% to $26.82 per megawatt-hour (MWh)* and the real-time energy price rose 8.7% to $26.02/MWh.

Click to read more ...

Tuesday
Jul172018

Heat wave recap: Reliable operations through holiday heat & humidity

Power system operates smoothly during the June 29-July 5 heat wave

Fireworks weren’t the only things ablaze during the Independence Day holiday week–temperatures surged throughout New England as well, causing high demand for air conditioning and, consequently, the electricity that powers it.

Despite the unusually hot, humid conditions during the June 29–July 5 heat wave, the timing of the holiday, coastal breezes, and abundant solar power kept electricity demand in check. With a peak of around 24,000 megawatts (MW), ISO New England’s system operators were able to rely on a high-performing fleet of resources to keep the grid running smoothly and reliably throughout the heat wave.

Click to read more ...