Monday
Jul142014

ISO-NE and NEPOOL file proposal with FERC to implement a Winter Reliability Program for winter 2014/2015

On July 11, 2014, ISO New England and the New England Power Pool (NEPOOL) filed with the Federal Energy Regulatory Commission (FERC) a proposal to implement a revised Winter Reliability Program (WRP) for the upcoming winter (2014/2015). This past winter, the ISO implemented the first WRP, which helped to increase the amount of oil inventory held by oil and dual-fuel generators in the region. The program proved to be critical in keeping the lights on throughout colder-than-normal winter conditions. That first WRP was intended to be a one-time solution to bridge a reliability gap. However, ISO New England’s operational experience last winter and other developments have prompted the ISO and NEPOOL to seek approval of another program to mitigate significant reliability concerns for the upcoming winter.

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Friday
Jul112014

Monthly wholesale electricity prices and demand in New England 

Prices for natural gas and wholesale power continued to fall during June

The average prices for natural gas and wholesale electricity rose during June as the onset of warm summer weather raised demand in New England. The real-time price of wholesale power, at $37.92 per megawatt-hour (MWh)*, was 6.9% higher than the May average price of $35.46/MWh, though it was 4% lower than the $39.49/MWh average price recorded during June 2013.

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Tuesday
Jul082014

Redesigned iso-ne.com set to launch in mid-August; Sandbox environment extended

Sandbox extension will give market participants additional time to complete updates to business processes

The "go-live" date for the new, redesigned iso-ne.com is now scheduled for mid-August instead of mid-July, as previously reported. In addition, ISO New England is extending the Sandbox test environment based on feedback received from stakeholders.

The Sandbox extension will allow extra time for market participants and others to become acclimated to the new site features and functionality, and for market participants’ IT programmers to update their processes for accessing data via the ISO New England website or via Web Services. The additional time will also enable ISO New England to complete internal testing of the new site to ensure a smooth site launch. A final cutover date will be announced in early August.

To learn more about the site redesign, see the ISO Newswire article, Coming this summer: a redesigned iso-ne.com!

Wednesday
Jul022014

Now online: External Market Monitor's 2013 annual market assessment 

ISO New England's External Market Monitor (EMM) has released its Annual Assessment of Electricity Markets in New England, which is an evaluation of the efficiency and competitiveness of New England’s wholesale electricity markets during 2013. The report, published in June 2014, provides a summary of 2013 market outcomes and assess the enhancements the ISO has made over the past year to help improve market operation and competitiveness.

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Tuesday
Jul012014

Registration open for 2014 Supply and Demand Resource Operator Training

Now a mandatory requirement per ISO New England Operating Procedure No. 14

The 2014 Supply and Demand Resource Operator Training (SROT/DROT) programs are now available in both online and instructor-led formats. This training is important for the continued reliable operation of the New England grid in accordance with the standards, rules, and regulations set forth by the North American Electric Reliability Corporation (NERC), Northeast Power Coordinating Council (NPCC), and ISO New England.

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Monday
Jun302014

Now online: NCPC Settlements webinar

The recording of the NCPC Settlements webinar held on June 25, 2014, is now available in ISO-TEN or via the ISO New England website at Home > Support > Training > Courses > Settlement EnhancementsThe training described the NCPC (Net Commitment Period Compensation) redesign and resulting changes to NCPC settlement reporting. Please email MkTraining@iso-ne.com with any questions.