Thursday
Feb082018

ISO-NE forward capacity auction closes with adequate power system resources for 2021-2022

The ISO will retain about 1,300 megawatts to ensure local reliability

New England’s annual Forward Capacity Market auction for power system resources concluded Tuesday, February 6 with sufficient resources to meet peak demand in 2021-2022, and preliminary results indicate the clearing price was the lowest in five years due to a surplus of capacity in the region. The auction is run by ISO New England to procure the resources that will be needed to meet consumer demand for electricity in three years.

The 12th Forward Capacity Auction closed at a preliminary clearing price of $4.63 per kilowatt-month (kW-month) across New England, compared to $5.30/kW-month in last year’s auction. The auction concluded with commitments from 34,828 MW to be available in 2021-2022, a number that includes 1,103 MW of surplus capacity system-wide and about 1,300 MW of resources that were retained for transmissions security after they sought to delist. The auction rules allow the region to acquire more or less than the capacity target, providing flexibility to acquire additional capacity and enhanced reliability at a cost-effective price. Read the February 8 press release for more details.

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Tuesday
Feb062018

Register today! Next Consumer Liaison Group meeting set for March 1 in New Hampshire

The next meeting of the Consumer Liaison Group (CLG) will be held on March 1 at Wentworth by the Sea in New Castle, New Hampshire. The topic will be, “How Have the Region’s Wholesale Electricity Markets Evolved Over Time? Why Should Consumers Care?” Michael Giaimo, Commissioner, New Hampshire Public Utilities Commission, will give the opening remarks. Panelists will include: Senator Andy Sanborn (R-Bedford), Chairman, Ways and Means Committee, New Hampshire State Senate; Carl Gustin, Senior Advisor, Salient Point LLC; Jonathan Peress, Senior Director of Energy Market Policy, Environmental Defense Fund; and Tanya Bodell, Executive Director, Energyzt. Register today!

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Friday
Feb022018

ISO-NE handouts provide key grid stats by region and by state

The New England Power Grid 2017–2018 Profile is a one-sheet summary of key facts and figures on the region’s demand growth, resource mix, transmission development, and wholesale electricity prices. The New England Power Grid 2017-2018 State Profiles is a one-sheet summary of key facts and figures on demand growth, resource mix, and environmental goals for each New England state. Download them today! If you are a member of the media or government and would like to speak with someone at ISO New England, please view our list of media and external affairs contacts.

Friday
Feb022018

Amounts, sources of electric energy used to meet demand in 2017 now on iso-ne.com

The total amount of energy and the sources of energy the New England region used in 2017 to satisfy all residential, commercial, and industrial customer demand are listed on the ISO website. This “net energy for load” is calculated by adding total generation output within the region with net imports and exports to neighboring regions, then subtracting the energy used to operate pumped storage power plants. The Resource Mix webpage provides a breakdown of generation by fuel type and of imports and exports over individual tie lines that make up last year's net energy for load. Numbers are preliminary until the 90-day resettlement process is complete. This information also is available in spreadsheet form on the Net Energy and Peak Load webpage in ISO Express by month and year dating back to 2000.

Thursday
Feb012018

Powering to the finish: The ups and downs of electricity demand during a Patriots Super Bowl 

What happens when the New England Patriots stage a dramatic Super Bowl comeback, erasing a 28-3 deficit and forcing overtime? Residents across the region keep their televisions on, eager to catch a glimpse of the Patriot’s latest historic victory.

During the Patriots’ fifth Super Bowl win last year, ISO New England system operators saw demand on the region’s electric grid—which had been gradually declining through the night—suddenly level off and even inch back up as the game moved into overtime. At times, demand increased by as much as 50 megawatts during overtime.

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Wednesday
Jan312018

Regional air emissions 2016: long-term reduction trends continue

Since 2001, SO2 down 98%, NOx down 73%, CO2 down 29%

Driven primarily by a decrease in coal and oil generation, regional emissions of sulfur dioxide (SO2), nitrogen oxides (NOx), and carbon dioxide (CO2) declined between 2015 and 2016, according to data compiled for the 2016 ISO New England Electric Generator Air Emissions Report. The year-over-year declines continued long-term reductions in the emissions generated by the region’s power plants.

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