Friday
Apr192019

Online FCM Participation Guide updated

The Forward Capacity Market (FCM) Participation Guide has been updated to reflect the latest procedures, reference materials, hyperlinks, and terminology. The guide assists anyone needing more information on FCM processes and includes an overview of the market, as well as the following sections:

  • The qualification processes for new and existing generators, demand resources, and imports
  • How the Annual Forward Capacity Auction (FCA) works
  • The post-auction processes for new resources
  • The reconfiguration auctions and capacity supply obligation bilateral periods for acquiring, increasing, decreasing, or eliminating an obligation after an FCA
  • How to delivery capacity as part of the FCM

Get started here learning about the FCM.

Friday
Apr192019

Upcoming webinars: FCM New Capacity Qualification for Demand Capacity Resources and Generation and Imports 

Registration is open for the following webinars:

May 2, 2019 | 10:00 a.m. - 12:00 p.m.
FCM New Capacity Qualification for Demand Capacity Resources

This webinar will review the requirements associated with the submittal of the new capacity qualification package for demand capacity resource projects requesting participation in the Forward Capacity Auction for the 2023-2024 Capacity Commitment Period (FCA 14).

May 2, 2019 | 1:30 - 3:30 p.m.
FCM New Capacity Qualification for Generation and Imports

This webinar will review the requirements associated with the submittal of the new capacity qualification package for generating and import capacity resource projects requesting participation in the Forward Capacity Auction for the 2023-2024 Capacity Commitment Period (FCA 14). It will also include a segment on import capacity resources with Elective Transmission Upgrades (ETU).

Email the training team with questions at MkTraining@iso-ne.com.

Friday
Apr192019

Winter 2018/2019 recap: What a difference a year makes

A year ago, Winter 2017/2018 included two weeks of bitter cold that challenged power system operations, but this past winter was marked by more moderate temperatures, leading to lower wholesale electricity prices and less stressful system conditions.

Temperatures during the 2018/2019 winter months – December, January, and February – averaged 30°F, less than a degree higher than the previous winter’s average temperature. But the difference was the region was not hit by any prolonged periods of extreme cold. With no extreme temperatures lasting for days, the region avoided the price spikes that drove up average wholesale power prices last year.

Click to read more ...

Tuesday
Apr092019

Spotlight video: An integrated approach to wind power

Over the past decade, wind power has grown significantly in New England, accounting for more than 3,300 gigawatt hours of production in the region’s wholesale markets in 2018. ISO New England has produced a trio of videos detailing the steps taken behind the scenes over the years to integrate wind resources into the region’s power system. The ISO has worked diligently to weave wind energy into our operations, markets, and system planning procedures. These efforts have laid a solid foundation as developers look to add more wind power, especially offshore, to the system in the coming decade.

Friday
Apr052019

2018 transmission-outage coordination stats and goals

ISO-NE had requests for almost 3,500 planned outages and handled over 800 unplanned outages last year

No one wants a power line to stop working unexpectedly, like during a major storm. But power lines and other transmission equipment must undergo some down time so that participating transmission owners (PTOs) can conduct routine maintenance for avoiding emergencies, accommodate new construction, or address problems that crop up. One of the ISO’s responsibilities is to analyze impacts of and schedule these outages all over New England with the PTOs and local control centers (LCCs) so that the PTOs do not remove their equipment from service at the same time or when an outage will negatively affect some other ongoing activity. The long-term scheduling of transmission outages is critical because it gives the ISO the time to measure both the reliability and economic impacts of proposed outages to the system and communicate the probable effects to market participants, which helps keep the energy markets operating efficiently.

The ISO New England Transmission Equipment Outage Coordination 2018 report summarizes the outage process that took place in 2018, the number and types of outages that occurred, and the 2019 goals for the ISO’s Outage-Coordination group for improving outage coordination, reducing congestion costs, and increasing operational flexibility.

Click to read more ...

Tuesday
Apr022019

New reports for customers using ISO-NE's Divisional Accounting option to be available May 1 

Divisional Accounting is an optional feature that allows market participants to segregate settlement reporting into subaccounts for individual business units, divisions, or generating facilities. Participants can designate assets and resources directly to a subaccount in the Customer and Asset Management System (CAMS); other activity-based transactions are assigned in their respective applications, such as eMarket, the Forward Capacity Tracking System (FCTS), and the Internal Transactions interface.

For customers using the Divisional Accounting option: On May 1, the ISO will begin publishing distinct Market Information Server (MIS) informational invoice settlement reports for each subaccount with the issuance of each ISO bill. The current reporting, where all subaccount information is provided in aggregate invoice reports, remains unchanged. The reports are described in this presentation. Please contact Customer Support if you need assistance.