Wednesday
Feb202019

Annual media briefing focuses on state of region's electric grid in 2019

ISO New England President and CEO Gordon van Welie updated reporters on the state of the region’s power system during a media briefing on February 20, 2019. New England’s power system is operating from a strong foundation, but vulnerabilities still exist. ISO New England is facing increasing complexities in operating the grid with a shifting resource mix, and in maintaining markets that are truly competitive while accommodating public policy goals. The briefing explored these issues, while providing more information on how New England’s power system is faring, what the ISO sees on the horizon, and preparations for the future grid. Also included is an appendix with facts and figures about the power system, including 2018 data.

Watch the briefing, or view van Welie’s presentation and remarks from the event.

Tuesday
Feb122019

Register today! Jeffrey Grybowski, Co-CEO of Ørsted US Offshore Wind to keynote the March 14 CLG meeting

The first New England Consumer Liaison Group (CLG) meeting of 2019 takes place on March 14, 2019, from noon-3:30 p.m. at the Omni Providence Hotel in Rhode Island. Jeffrey Grybowski, Co-Chief Executive Officer of Ørsted US Offshore Wind, will give the keynote address. A panel will discuss Transforming the Power Sector: Customer Choice in a Changing Energy Landscape. Panelists include: Jonathan Schrag, Deputy Administrator, Rhode Island Division of Public Utilities and Carriers, Erika Niedowski, Rhode Island Director and Policy Advocate, Acadia Center, Timothy Hebert, Chief Operating Officer, Energy New England, and Meg Lusardi, Executive Vice President, PowerOptions. Register today!

 

Tuesday
Feb122019

Daylight Saving Time springs ahead soon

Daylight Saving Time takes effect on March 10, 2019. Market participants will need to make adjustments in working with market applications for that day.

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Tuesday
Feb122019

Registration is open for spring 2019 market training courses

ISO New England is pleased to announce that registration is open for spring 2019 market training classes, Wholesale Electricity Markets (WEM) 101 and WEM 201. Both courses will be held at The Hotel Northampton; each course requires attendance at all days for completion.

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Friday
Feb082019

An update on Vineyard Wind’s participation in FCA #13

To clarify misinformation that has been reported in the press and circulated online, ISO New England is providing this background on Vineyard Wind’s participation in the Forward Capacity Auction (FCA) #13, which took place earlier this week.

Vineyard Wind participated in both FCA #13’s primary auction and secondary substitution auction. The offshore wind farm secured a 54-megawatt capacity supply obligation during the substitution auction.

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Wednesday
Feb062019

ISO-NE Forward Capacity Auction Closes with Adequate Power System Resources for 2022-2023 

New England’s annual capacity auction for power system resources concluded Monday with sufficient resources to meet peak demand in 2022-2023, and preliminary results indicate the clearing price was the lowest in six years. The auction is run by ISO New England Inc. to procure the resources that will be needed to meet consumer demand for electricity in three years.

The auction was the first run under the Competitive Auctions with Sponsored Policy Resources (CASPR) rules, which include a secondary substitution auction where resources interested in retiring can trade their capacity supply obligation to new state-sponsored resources that didn’t clear in the primary auction.

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