Monday
Apr272015

Spring training: a few seats remain in Wholesale Electricity Markets 201

If you haven't already, take a few minutes to register today.

Intermediate Wholesale Electricity Markets (WEM 201)
May 19-21, 2015
The Hotel Northampton
9:00 a.m. - 5:00 p.m.

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Friday
Apr242015

New England’s governors release six-state action plan to address energy infrastructure needs

The New England governors convened a Northeast Forum on Regional Energy Solutions on April 23, 2015, in Hartford, Connecticut, to discuss regional energy challenges and potential solutions. The forum’s public session included two panels, one focused on New England’s energy infrastructure challenges, and the other focused on regional collaboration to support energy infrastructure solutions.

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Friday
Apr242015

FERC accepts rule changes for regional Elective Transmission Upgrades

New mechanisms for ETUs now in effect

On April 14, 2015, the Federal Energy Regulatory Commission accepted proposed changes to rules related to Elective Transmission Upgrades (ETUs)—merchant-funded transmission interconnections in New England.

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Wednesday
Apr222015

ISO-NE marks Earth Day with an update on energy-efficiency, solar, and wind resources in New England

Region is on its way to meeting states’ “green power” goals

As the world marks the 45th annual Earth Day on Wednesday, April 22, New Englanders can take note of widespread efforts across the six-state region to develop cleaner sources of electric energy and reduce electricity use. ISO New England has been working closely with both the states and industry stakeholders to help quantify and integrate regional developments related to energy-efficiency (EE) programs and wind and solar resources, two renewable sources of power.

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Monday
Apr202015

Webinar: New Capacity Resource Offer Price Development 

Registration is open for the webinar New Capacity Resource Offer Price Development that will be held on May 15, 2015, from 10:00 a.m.–12:00 p.m. This webinar will provide market participants with information about the formulation of a new capacity resource-specific offer floor price and completing the cost workbook to support that price. Key concepts will be discussed, as well as avoiding common mistakes when completing the cost workbook. Please email MkTraining@iso-ne.com with any questions.

Friday
Apr172015

Wholesale electricity prices and demand in New England

March average prices for natural gas and wholesale power dropped by half from February’s high levels

The advent of milder spring weather, which helped reduce demand for natural gas for heating and alleviated constraints on New England’s natural gas pipelines, brought lower natural gas and wholesale electricity prices during March. Average wholesale electric energy prices and natural gas prices both dropped during March by more than 50% from February’s averages, which were the fourth-highest average prices for both wholesale electricity and gas since 2003.

The average wholesale electric energy price in New England during March 2015 was $57.93 per megawatt-hour (MWh)*, down 54% from the February 2015 average price of $126.70/MWh, and down 50.1% from the March 2014 average of $116.12/MWh. The average natural gas price declined by 53.3% from February’s average price.

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