Coming February 24: ISO-NE to release new Energy-Efficiency Measure database for resources in the FCM

Sandbox environment already open for participants with EE projects

New England is a national leader in developing energy-efficiency (EE) policies and programs. The region now has 1,500 megawatts of EE resources providing capacity in the Forward Capacity Market (FCM), and this amount is likely to increase as the six states are expected to invest more than $6 billion in EE between 2017 and 2023.

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ISO Express and iso-ne.com: January 2015 upgrades

More data on LMPs, fuel mix, and forecasts, plus new functionality

ISO New England continues to enhance its website and data portal, ISO Express, with the release of several reports and site features in January 2015. Notable changes are described below (customizable features of ISO Express, along with some charts and maps, require registration). Market participants and other stakeholders can expect even more improvements over time based on user feedback and website analyses.

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ISO-NE prepares to operate the grid through winter storm conditions

ISO New England is monitoring Winter Storm Juno and its severity and is preparing to operate the grid through winter storm conditions. In preparation of the storm, the ISO has been in close contact with the following groups, and will continue communications throughout the storm and after, as necessary, to ensure a coordinated approach:

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New Regulation Market goes live March 31; eMarket sandbox open

Test the new regulation offer format and preload your pricing data now

As part of the ISO’s new Regulation Market, offers submitted via eMarket software must be in a new format starting April 1, 2015. The changes comply with Federal Energy Regulatory Commission (FERC) Order No. 755, Frequency Regulation Compensation in Organized Wholesale Power Markets, which requires a two-part payment methodology to select and compensate frequency regulation resources.

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Resources’ participation in 2014/2015 Winter Reliability Program improves fuel adequacy this winter

For the second year in a row, ISO New England has implemented a Winter Reliability Program (WRP) designed to address concerns about the ability of power system resources to perform when dispatched, especially during cold weather conditions. The program provides incentives for oil and dual-fuel generators (i.e., units that can run on either gas or oil) to increase oil inventories, for natural-gas-fired generators to contract for liquefied natural gas (LNG) to augment pipeline gas, and for new demand-response resources to be available. Another component of the WRP that will help bolster reliability beyond this winter is the incentive for gas-fired generators to invest in dual-fuel capability.

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Energy market offer flexibility project explained: Q&A with Vamsi Chadalavada, ISO-NE’s executive VP and COO

On December 3, 2014, ISO New England completed major enhancements to the region’s wholesale energy market that will allow for more accurate price signals in the market and improve power grid reliability. View the press release, and continue reading to learn from Vamsi Chadalavada, ISO New England’s executive vice president and chief operating officer, about the Energy Market Offer Flexibility project, the reasons for undertaking such a massive project, and the benefits to the region’s wholesale electricity markets and to power system reliability.

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