Registration is open for the Webinar: FCM Reconfiguration Auctions and CSO Bilateral Contracts that will be held on October 16, 2014, from 1:30 - 3:00 p.m. This webinar will review the qualification, process, and schedule for the annual and monthly reconfiguration auctions. It will also cover capacity supply obligation (CSO) bilaterals. Please email MkTraining@iso-ne.com with any questions.
August wholesale power prices continued to slide on lower demand and natural gas prices
With the mild weather of August dampening demand for power for air-conditioning in New England, the average price for wholesale electricity fell. A low average natural gas price during August also pulled electricity prices down. The real-time price of wholesale power, at $30.21 per megawatt-hour (MWh)*, was 13% lower than the July average price of $34.91/MWh, and nearly 14% lower than the $35.08/MWh average price recorded during August 2013.
Registration is open for the 2014/2015 Pre-Winter Generator/DDE Readiness Seminar on October 28 at the DoubleTree Hotel in Milford, MA. This seminar is for generator and demand response lead participants, designated/demand designated entities, and generator operating staff—all are strongly encouraged to attend. This seminar will recap the 2013/2014 winter operating period and provide an outlook for the coming winter. The outlook will cover programs, procedure changes, lessons learned, and preparations being put in place to enhance cold weather operations. ISO System Operations staff will conduct the seminar and be available for questions. Register today.
ISO New England’s commitment to sustainable facilities continues with the new backup control center (BCC) in Windsor, Connecticut. The BCC, which began construction in 2013 and became operational earlier this year, has been awarded LEED® Gold certification by the U.S. Green Building Council (USGBC).
Today, ISO President and CEO Gordon van Welie, joined U.S. EPA Administrator Gina McCarthy and FERC Chairman Cheryl LaFleur at the New England Electricity Restructuring Roundtable in Boston, Mass. to discuss the region’s evolving energy landscape. van Welie focused his remarks on the ISO’s responsibility to maintain reliable power system operations while the industry undergoes rapid transformation. He described the challenges the region faces during this period.
ISO New England’s board of directors today elected Roberto Denis, who recently retired as Senior Vice President for NV Energy, to join the board. The board also re-elected Paul Levy and Christopher Wilson, who joined the board in 2006 and 2011, respectively. Mr. Denis, a 40-year veteran of the energy industry, brings extensive experience to the board, including planning power plants and transmission lines and monitoring the design and development of wholesale electricity markets.