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Wednesday
Feb282018

Annual media briefing focuses on state of region’s electric grid in 2018

As part of the ISO on Background series, ISO New England President and CEO Gordon van Welie provided reporters with an update on the state of New England’s power system during a media briefing on February 27, 2018. The briefing included an assessment of the regional power grid in 2018, as well as an overview of the current challenges. van Welie reported that New England’s power grid continues to operate reliably and the wholesale markets continue to provide competitive prices. However, the region’s growing fuel security risk, highlighted by a recent stretch of cold weather, is making reliable operations more tenuous. Competitive pricing in the wholesale markets is challenged by public policy initiatives to procure clean energy at above-market prices. View van Welie’s presentation and remarks from the event. Watch the briefing, or view van Welie’s presentation and remarks from the event.

ISO on Background is a series of periodic briefings designed to provide members of the media with an informal opportunity to learn more about the trends affecting New England’s electricity industry and ISO New England’s role in the region’s power system.