ISO New England is monitoring Winter Storm Juno and its severity and is preparing to operate the grid through winter storm conditions. In preparation of the storm, the ISO has been in contact with the National Weather Service, Northeast Power Coordinating Council, Local Control Centers and transmission owners, neighboring control areas, power plants, and natural gas pipelines, and will continue communications throughout the storm and after to ensure a coordinated approach.
Registration is open for the webinar Changes to ATRM: Two Regulation Signals, which will be held on Monday, February 9, 2015, from 1:00–2:00 p.m. The webinar will discuss the availability and impact of an automatic generation control (AGC) setpoint that's energy-neutral. The training is particularly relevant for current or prospective resources using alternative technology in the Regulation Market (ATRM).
In a recent informational briefing to the media, Gordon van Welie, ISO New England president and CEO, described the dramatic transformation on the regional power grid, including the challenges of an increasing dependence on natural gas for power generation; retirements of coal- and oil-fired and nuclear generators; and the growth of renewable energy resources. He discussed the repercussions for both grid reliability and the price of power in New England, and said that additional investment in energy infrastructure in the region would help solve the challenges of this transformation.
Test the new regulation offer format and preload your pricing data now
As part of the ISO’s new Regulation Market, offers submitted via eMarket software must be in a new format starting April 1, 2015. The changes comply with Federal Energy Regulatory Commission (FERC) Order No. 755, Frequency Regulation Compensation in Organized Wholesale Power Markets, which requires a two-part payment methodology to select and compensate frequency regulation resources.
On January 20, US President Barack Obama delivered his State of the Union Address. Energy-related issues received less attention than previous years, and President Obama did not announce any new energy initiatives. However, the President did briefly highlight his continued efforts to combat climate change, encourage domestic energy production, and boost digital security practices.