Thursday
Apr252013

ISO-NE CEO discusses natural gas issues and the power grid on local public broadcasting show

On April 17, Gordon van Welie, president and chief executive officer of ISO New England, appeared on the WGBY public broadcasting program, "Connecting Point." He was interviewed about the region’s increasing dependence on natural gas for electricity production, the challenges this is causing on the power grid, and what ISO New England and stakeholders are doing to address the issues at hand.

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Wednesday
Mar272013

New England grid operated reliably through 2012/2013 winter despite resource performance challenges 

Two weather-driven events exemplified concerns identified through the Strategic Planning Initiative

Although this winter didn’t prove to be the coldest or stormiest on record, New England endured a one-two punch with a stretch of frigid temperatures in January and then Winter Storm Nemo in February that caused generator, transmission, and distribution system outages. While the ISO was able to maintain reliability throughout these weather events, operators faced significant challenges managing the system with generating resources that were at risk of not being able to produce electricity when and as needed.  

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Wednesday
Mar272013

Massachusetts DPU issues order on capacity needs in Boston area

The Massachusetts Department of Public Utilities (DPU) issued a determination on March 15, 2013, that National Grid and NSTAR should not be required to enter into long-term contracts with developers of electricity generation in Northeast Massachusetts/Greater Boston (NEMA/Boston). The DPU ruled that such a move would only be justified with convincing evidence “that the competitive market had failed and that there were imminent reliability concerns,” conditions that do not exist at this time.

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Tuesday
Mar192013

ISO-NE CEO testifies on gas/electric industry coordination at US House Energy and Power hearing

Updated on Thursday, March 21, 2013 at 11:21AM by Registered CommenterISO New England

On March 19, Gordon van Welie, president and chief executive officer of ISO New England, testified about the challenges associated with the region’s dependence on natural gas to produce electricity at a hearing called by the US House Energy and Commerce Subcommittee on Energy and Power.

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Friday
Mar012013

March 1 marks 10th anniversary of “Standard Market Design”

Ten years ago, on March 1, 2003, ISO New England replaced the preliminary wholesale electricity market rules, procedures, and operating systems first introduced in the region in 1999 with what we called Standard Market Design (SMD). Based on our experience and that of other ISOs running electricity markets, SMD significantly expanded and refined New England’s marketplace. It added new features such as the Day-Ahead Energy Market and locational marginal pricing that gave market participants better tools to protect against price volatility and also revealed the true cost of producing and supplying power at various locations on the power system. Today, we use the same system to price wholesale electricity in New England—a testament to the hard work and careful consideration that resulted from the cooperative and robust stakeholder process. Of course, we’ve continued to build on SMD’s foundation, enhancing our suite of markets to ensure an efficient and reliable power system in New England. View the 2013 Wholesale Markets Project Plan for a look at what market enhancements are planned or underway for this year.

Friday
Feb152013

President Obama issues cybersecurity executive order; initiatives to include energy sector

During his State of the Union Address on February 12, US President Barack Obama announced that he had signed a long-anticipated executive order focused on strengthening cybersecurity for the nation’s critical digital infrastructure. The White House also released a Presidential Policy Directive to provide additional clarity.

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