Thursday
Mar292018

Regional transmission investment: Spring 2018 update

768 projects put into service since 2002 to fortify New England’s transmission system

The ISO recently published the March 2018 update to the Regional System Plan (RSP) Project List, which details Pool Transmission Facility (PTF) projects needed to ensure reliability in New England. Since the October 2017 update, 22 upgrades were placed in service and no new projects were added. Since 2002, a cumulative total of 768 project components representing an investment of $10.4 billion have been placed into service to help ensure that New England’s transmission system continues to reliably and efficiently move wholesale electricity across the region.

Click to read more ...

Wednesday
Mar282018

Are you using ISO-NE's web subscription service to stay on top of new info?

The wholesale electricity industry is technical, fast paced, and loaded with data. It can be challenging to keep up with all of the information ISO New England produces daily about the region’s power grid and wholesale markets. That’s why we created My Subscriptions, an online service that helps you stay on top of new postings about ISO committee meetings, documents, key projects, and individual events that have been added to www.iso-ne.com. Just select items of interest, and you will be notified in an email to your PC or handheld device whenever new materials are published. 

Click to read more ...

Wednesday
Mar282018

Financial assurance for the Forward Capacity Market web-based training

Updated for Pay for Performance!

This web-based training provides details on financial assurance as well as the new pay-for-performance component of the Forward Capacity Market. The component, FCM delivery financial assurance, is effective on June 1, 2018, and is used to cover the potential loss from capacity supply obligations under the pay-for-performance market design. Approximate viewing time is 30 minutes. Please use Internet Explorer or Firefox for viewing this training. Consult the Customer Readiness Page for comprehensive information about the pay-for-performance project and its June 1, 2018, implementation. Email the training team with questions at MkTraining@iso-ne.com.

Monday
Mar262018

Monthly wholesale electricity prices and demand in New England, February 2018

February natural gas and wholesale power prices subsided from January’s highs

Milder weather during February tempered the demand for both natural gas and power and allowed the average monthly price for each to shrink significantly from the highs recorded during January. The average monthly wholesale power price shrank more than 63% in both the day-ahead and real-time energy markets, to $39.58 per megawatt-hour (MWh)* and $36.91/MWh, respectively. While those prices marked significant declines from January’s prices, they were still up, by about 32%, from the average monthly prices recorded in February 2017.

February also marked a return to a more typical resource mix. During the extreme cold weather in early January, the spike in natural gas demand and resulting rise in prices caused coal- and oil-fired generators to be less costly to run than natural-gas-fired generators. As a result, coal- and oil-fired generators were dispatched more often in January, and generated about 15% of the energy produced by New England power plants. By contrast, in February, coal- and oil-fired power plants produced under 2% of the region’s generation. That’s closer to the usual fuel mix—in 2017, they generated just 2.3% of the energy produced in New England.

Click to read more ...

Wednesday
Mar212018

Consumer Liaison Group discussed the evolution of New England's wholesale electricity markets at March 2018 meeting

The Consumer Liaison Group held its first meeting of the year on March 1, 2018 in New Castle, New Hampshire. Michael Giaimo, Commissioner at the New Hampshire Public Utilities Commission, opened the meeting with reflections and observations on the CLG and the regional power system over the past decade. The meeting also featuring a panel discussion on the topic, How Have the Region’s Wholesale Electricity Markets Evolved Over Time? Why Should Consumers Care?, as well as an update from ISO New England.

Click to read more ...

Monday
Mar192018

Staying a Step Ahead: A look inside ISO-NE and the region’s changing power system

Have you ever wondered what it’s like in ISO New England’s control room? Or how the ISO fits into the region’s energy landscape? Staying a Step Ahead, released March 19, takes you inside the ISO, showcasing how the grid operator keeps the lights on across New England – today and in the future. Shot at the ISO offices and throughout New England, the video looks at the transformation occurring in New England, as the region transitions from a grid powered by oil and coal plants to one more reliant on renewable energy.

Learn more about the ISO’s three critical roles, and read about New England’s power system in the 2018 Regional Electricity Outlook.

Page 1 ... 2 3 4 5 6 ... 55 Next 6 Entries »