Tuesday
Oct302018

Upcoming webinar: Energy Market Opportunity Costs

Registration is open for the webinar, Energy Market Opportunity Costs that will be held on November 13, 2018, from 1:00 to 3:00 p.m. This webinar will provide an overview of what energy market opportunity costs are, how they are estimated by ISO New England, and how they can be used by market participants. The focus will be on the initial project phase that is limited to oil and dual-fuel resources. It will also include information on where opportunity cost information can be found in the Customer and Asset Management System (CAMS) Internal Market Monitor Asset Characteristics (IMMAC) module. Questions? Email the training team at MkTraining@iso-ne.com.

Tuesday
Oct302018

Now online: Presentation and recording of Forward Capacity Market Substitution Auction for FCA #13 webinar

The presentation and recording of the October 11, 2018, Forward Capacity Substitution Auction for FCA #13 webinar are now available on the ISO New England website. This webinar provides an overview of how the substitution auction will be conducted. It also includes information pertaining to substitution auction bid and offer submittals. Email the training team with questions at MkTraining@iso-ne.com.

Tuesday
Oct302018

Now online: Presentation and recording of Forward Capacity Market Reconfiguration Auctions webinar

The presentation and recording of the October 17, 2018, Forward Capacity Market Reconfiguration Auctions webinar are now available on the ISO New England website. Email the training team with questions at MkTraining@iso-ne.com.

Monday
Oct292018

Customer Readiness webpage now available on Energy Storage Device Project; market rule changes filed with FERC

ISO New England, joined by the New England Power Pool (NEPOOL), has submitted to the Federal Energy Regulatory Commission (FERC) revisions to Market Rule 1 to codify a new design that enables batteries and other emerging storage technologies to more fully participate in the New England wholesale electricity markets. The revisions allow emerging storage technologies to be dispatched in the Real-Time Energy Market in a manner that more fully recognizes their ability to transition continuously and rapidly between a charging state and a discharging state and provides a means for their simultaneous participation in the energy, reserves, and regulation markets. The ISO and NEPOOL filed the changes on October 10 and have requested FERC respond by December 10 so that the changes can become effective on April 1, 2019.

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Friday
Oct262018

ISO-NE CEO gets “revved” up over the hybrid grid at Renewable Energy Vermont (REV) conference in Burlington

The New England electric grid is evolving in two fundamental ways, according to ISO New England CEO Gordon van Welie. The grid is shifting from the use of fossil fuels to generate electricity to cleaner resources and from central power plants to distributed generation. This change is creating a massive and exciting engineering and market design challenge, van Welie said.

van Welie shared this observation, and many others, during a keynote address at the Renewable Energy Vermont (REV) conference in Burlington, Vermont, on October 18. During his address to approximately 500 people, van Welie discussed the journey that New England is on in terms of energy policy, and the role of the ISO in it.

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Friday
Oct262018

White House sends FERC nomination to U.S. Senate, designates Chatterjee as FERC Chairman after McIntyre steps aside

On October 5, President Trump formally nominated Bernard McNamee to fill a vacant seat on the Federal Energy Regulatory Commission (FERC). The open seat was created by the departure of former commissioner Robert Powelson, who served one year on the Commission. The Senate Energy and Natural Resources Committee will consider McNamee’s nomination at a hearing scheduled for November 15. If confirmed, McNamee, who currently serves as the Executive Director of the U.S. Department of Energy’s Office of Policy, will serve out the remainder of Powelson’s term, which expires June 2020. 

In a letter to the President on October 22, Chairman Kevin McIntyre announced that health issues are forcing him to step aside as chairman of FERC, but stated that he remains fully committed to maintaining a role as a commissioner. In response, the White House designated commissioner Neal Chatterjee as chairman of the Commission, a role Chatterjee held for several months in 2017.

ISO New England’s External Affairs team closely tracks federal energy policy initiatives and posts updates on ISO Newswire.