Monday
Jul182016

Wholesale electricity prices and demand in New England, June 2016

June’s average price of electricity was the third-lowest since 2003

June’s low average monthly power price of $21.24 per megawatt-hour (MWh)* was the third-lowest price since 2003, edging out May, which held the third-lowest spot for only a month. The average monthly price of natural gas in New England was the sixth-lowest of any month since 2003, when New England’s current wholesale electricity markets were launched. Total energy consumption during June was at the second-lowest level of any June since 2000, likely due to continued mild weather.

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Wednesday
Jul132016

Plan ahead! Registration now open for fall WEM and FCM customer training classes

Once again, summer is flying by with fall not far behind and with it comes the start of ISO New England’s remaining 2016 training classes. We are offering three courses in the 2016 fall curriculum. A description and registration link for each class are provided below. You may also register by going directly to ISO New England’s Training & Events Network (ISO-TEN). These classes tend to fill up quickly so, if you are interested in attending, register now! Questions? Email the customer training team at MkTraining@iso-ne.com.

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Monday
Jul112016

FERC OKs enhanced system-wide and zonal demand curves for Forward Capacity Auction

New sloping curves more effectively balance reliability and economics in establishing capacity commitments

On June 28, 2016, the Federal Energy Regulatory Commission (FERC) issued an order accepting the joint proposal by ISO New England and the New England Power Pool (NEPOOL) to implement enhanced system-wide and zonal demand curves for the Forward Capacity Market (FCM), beginning with the eleventh Forward Capacity Auction in 2017. As part of the accepted proposal, a transition mechanism will reduce potential abrupt changes resulting from the new curves. The ISO and NEPOOL submitted the proposal on April 15, 2016.

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Wednesday
Jul062016

Simplify, simplify, simplify: Here’s a quicker way to select locations when downloading pricing data from ISO Express

ISO New England is continuously updating its website to increase ease of use for stakeholders. Based on market participant feedback, we have updated our selectable reports so that a user can now simply type in the location number for a pnode, Hub, load zone, or interface instead of searching for it.

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Tuesday
Jul052016

New edition of online FCM Participation Guide now available

The FCM Participation Guide provides quick and easy access to instructions for operating in the region’s Forward Capacity Market

Interested in qualifying a new capacity resource? Want to learn more about the new retirement delist bid process? Need to shed a capacity supply obligation? You can quickly find instructions for all that and more in the ISO’s newly revised FCM Participation Guide. The ISO developed the online guide in 2015 in response to stakeholder requests for additional guidance on completing FCM processes.

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Thursday
Jun302016

Now online: External Market Monitor's 2015 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 2015. The report, published in June 2016, provides a summary of market outcomes and assesses the enhancements made over the past year to help improve market operation and competitiveness.

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