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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Thursday
Apr162015

ISO-NE’s Microsoft web browser policy for SMD applications changing this year; to support only Internet Explorer 11 beginning January 2016

In the fall of 2014, Microsoft announced that starting January 2016 they will support only the most current version of Internet Explorer (IE) web browser available for a supported operating system. This means that for the Windows 7 operating system, they will support only IE version 11. This transition poses some challenges to how ISO New England supports its SMD applications because Microsoft allows only one version of IE installed on Windows (in other words, you can't have IE version 8 and 11 on your PC). The ISO has worked to develop a plan to adjust the support of its varied SMD applications that will cause the least amount of inconvenience to market participants. Over the course of 2015, the ISO will modify many of the SMD applications to support both IE11 and the currently supported IE8 (and IE9 in cases where it is presently supported as noted in the web browser support for SMD applications policy). For applications that cannot be modified in this manner, the ISO will continue to support IE 8 (and IE9 if currently supported) until January 2016 and then only IE11 after that. The ISO will notify market participants of the migration dates and when outages will occur through our customary notification mechanisms.

Beginning January 2016, the ISO will support only IE11 for SMD applications. While other browsers may be used and work appropriately for some applications, we recommend that market participants using SMD applications plan to update their browser to IE11 that month.

If you have any questions, please contact Customer Service at 413-540-4220, by email at custserv@iso-ne.com, or by submitting a request through Ask ISO. For reference, read Microsoft’s Internet Explorer Support Lifecycle FAQ.

Thursday
Apr162015

Now online: Recording of Existing Capacity Qualification Process for Generation, Imports, and Demand Resources webinar

The recording of the April 14, 2015, Existing Capacity Qualification Process for Generation, Imports, and Demand Resources webinar is now available in ISO-TEN. For your convenience, the webinar presentation has been posted as a PDF file on the ISO New England website under Participate > Training > Training Materials (Document Title: Existing Capacity Qualification Process for Generation, Imports, and Demand Resources Presentation). If you have any questions, please email the training team at MkTraining@iso-ne.com.

Friday
Apr102015

Webinars: New Capacity Qualification Package for generators, imports, and demand resources 

The following webinars on May 13 and 14, 2015, provide a review of the requirements and elections associated with the submittal of the New Capacity Qualification Package for demand resources or generating and import capacity resources requesting participation in the Forward Capacity Market for the 2019-2020 Capacity Commitment Period (FCA #10).  Additionally, the training will provide an overview of the requirements associated with the submittal of the cost workbook related to the offer review trigger price. Questions? Email the training team at MkTraining@iso-ne.com.

Thursday
Apr092015

Webinar: New Import Capacity Resource Offer Price Development 

Registration is open for the webinar: New Import Capacity Resource Offer Price Development that will be held on April 30, 2015, from 1:303:30 p.m. This webinar will provide market participants with information about the formulation of a new import capacity resource-specific offer floor price and completing the cost workbook to support that price. Key concepts will be discussed as well as what a new import resource needs to do when completing the cost workbook, including avoiding common mistakes. Please email MkTraining@iso-ne.com with any questions.

Thursday
Apr092015

Webinar: Delisting in the Forward Capacity Market

Registration is open for the webinar: Delisting in the Forward Capacity Market that will be held on May 6, 2015, from 1:00–4:00 p.m. This webinar will provide market participants with information about how to submit a delist bid and the Internal Market Monitor’s (IMM) delist cost review process. Please email MkTraining@iso-ne.com with any questions.